Over the coming weeks the Revenue will be sending letters to individuals they think may be liable to the new High Income Child Benefit Charge (HICBC) set to take effect from the 7th January 2013.
The claw back will apply where a claimant or their partner has adjusted income of more than £50,000. Tax will be collected through adjustments to PAYE codes or through self-assessment and will result in an estimated ½ million additional individuals needing to complete an annual tax return.
If you need help in completing these form please contact one of our personal tax team on 01223 461155.
A starling leaving a deposit on the then much wider tie of a fledgling lawyer en route to his first job interview was perhaps a good luck sign for Hewitsons partner Tim Richards, who retires in April after a quarter of a century with the firm.
Hewitsons recently advised Hevey Building Supplies Ltd, part of Lords Group Trading Ltd, on its acquisition of MAP Building & Civil Engineering Supplies Ltd.
The Upper Tribunal (Lands Chamber) has confirmed the limitation period for compulsory purchase references in a case that serves as a salutary warning to parties about leaving the submission of notices of reference or other types of appeal to the last possible moment.
