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.
Connecting the internationally recognised academic and research powerhouses of Cambridge and Oxford by way of new infrastructure links across the region and ramping up digital connectivity between individuals, organisations and businesses occupying the zone is all part of the ambition.
Following the recent case of WH Smith and Commerz Real Investmentgesellshaft MBH (see here), it seemed that courts would impose pandemic rent suspension clauses more readily. However, this was not the case in Poundland Limited v Toplain Ltd (“Poundland"),
Many construction workers are now Covid 19 test and trace self-isolating, adding to the existing pressures within the building sector arising from the turbulence in the supply of building materials and labour.
On 12 May 2021, the government introduced the Leasehold Reform (Ground Rent) Bill into the House of Lords. The Bill was announced in the Queens Speech. This is the government’s response to the concerns which have been raised about the future level of some ground rents and how they are calculated.
