Tax & benefits news

Beware bogus tax calls

HMRC has made us aware that taxpayers may be receiving bogus calls claiming to be from HMRC. The hoaxers are particularly targeting people aged over 60.

HMRC DO NOT RING OR TEXT TAXPAYERS THREATENING THEM WITH VISITS FROM THE POLICE, SEIZURE OF PASSPORTS ETC. IF YOU RECEIVE A CALL OF THIS TYPE IT IS A HOAX.

If you do receive a call please report it to Action Fraud Line on 0300 123 2040.

HMRC assure us that the “Hoaxers” do not turn up at taxpayers’ property but if you feel threatened call the police and tell them you have reported the matter to the Action Fraud Line (giving them the incident reference number).

Please remember that you have free access to the FosterTalk tax and accountancy helpline on 01527 836910.

 

Marriage Allowance

From 6 April 2015 you can transfer up to 10% of your unused Personal Allowance to your husband, wife or civil partner, providing their taxable income is between £10,601 and £42,385 (in tax year 2015-16), which will result in a tax saving of up to £212 in 2015-16.

This allowance will be particularly relevant to fostering families where one of you works and pays tax, whilst the other partner may only have a low taxable profit (if any) from the fostering income.

Claims for this allowance must be lodged by you with HMRC, usually online.
A recent article in The Independent reported that the new Marriage Allowance has so far had an uptake of only 8% of those eligible actually claiming it.

If you think that you are missing out on this allowance, or want to discuss this further, contact our tax and benefits helpline on 01527 836910.

 

HMRC subject to phishing attacks

If you receive an e-mail or text telling you that HMRC owe you money as a tax rebate it is a scam.

DO NOT OPEN THE WEBSITE LINK OR ENTER YOUR LOGIN OR PERSONAL DETAILS.

This information can be used by scammers to access your real tax account and tamper with it.

Call our tax team on 01527 836910 for help and advice.