Revenue moves to forgive
Sunday 21 February 1993
The proportion of arrears that will be waived varies according to income. A new scale introduced last week means that anyone with a gross income of pounds 15,500 or less will be let off all the tax, but those on more than pounds 40,000 will have to pay in full. The same scale applies to pensioners, who used to have a higher income limit.
Qualifying for remission of the tax, is not quite as simple as it appears. The taxpayer must have given full information in a tax return or other correspondence, on which the Revenue has failed to act for at least one year after the tax year in which the information was received.
Income Remission 15,500 or less . . . . . . . . . . . .All 15,501 - 18,000 . . . . . . . . . . . 75% 18,001 - 22,000 . . . . . . . . . . . 50% 22,001 - 26,000 . . . . . . . . . . . 25% 26,001 - 40,000 . . . . . . . . . . . 10% 40,001 or more . . . . . . . . . . . .None
Justin Bieber was one of the hardest hit
- 1 Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Shock poll shows voters believe Ukip is to the left of the Tories
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Ukip candidate jokes about 'shooting peasants' in racist and homophobic rant
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
iJobs Money & Business
Up to £70,000 per annum + benefits: Sheridan Maine: Are you a qualified accoun...
Up to £65,000 per annum + benefits: Sheridan Maine: Are you a qualified accoun...
£32000 - £35000 per annum + benefits: Ashdown Group: Marketing Services Manage...
£Neg. (DOE) + Excellent Benefits: Guru Careers: A Finance Account Manager with...