TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Excuses, excuses, excuses!

The latest publication of amusing and baffling excuses has been published by HMRC, this time focusing on reasons why people don’t meet the Tax Credit renewal deadline. But once again, the initially light hearted news release belied a more serious message and reminded claimants that the deadline for this year was fast approaching.

Excuses given by claimants include not needing the money because “I’d met a rich bloke, but he dumped me”, to a baby using the paperwork as a colouring book, to a pet dog eating the form.

Claimants had until the 31 July deadline to renew, or their payments might end. This year, for the first time, claimants can renew online, at GOV.UK, in addition to the usual ways.