HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
READ MORERichest taxpayers are male and live in London
The wealthiest taxpayers are predominantly male and middle aged, with those living in London earning income of over £700,00 a year, which places them in the top 300,000 earners in the UK, according to analysis by the Institute of Fiscal Studies.
To be counted in the top 1% of earners, UK-wide taxpayers had to take home in excess of £150,000 and there were only 310,000 of those people across the country as a whole in 2014-15, the period analysed by the Institute of Fiscal Studies (IFS) report.
Read more at Accountancy Daily.
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