by David Jones | Jun 21, 2019 | Family Tax Credits, Personal Finance, Personal Tax Planning
Today it has been announced that HMRC has cancelled over 6,000 penalties issued to parents who failed to notify the tax authority that they had to pay the high income child benefit charge (HICBC). This charge is designed to claw back child benefit paid to families...
by David Jones | Aug 3, 2017 | Family Tax Credits
Don’t be fooled by the name: Working tax credits are little to do with tax. Unlike tax “reliefs”, people need not be paying any tax to receive tax “credits”. Tax credits are essentially a means of re-distributing income by paying money to...
by David Jones | Apr 6, 2017 | Family Tax Credits, Personal Finance, Personal Tax Planning
The vast majority of people know what level of income they’re likely to have in a year, but remarkably few will be able to predict their exact tax bill. Managing your finances, especially your household expenditure, is very important to most people but arguably...
by David Jones | Feb 2, 2017 | Family Tax Credits, Self Assessment
HM Revenue & Customs plans to move most services for the public online, as part of their ‘Making Tax Digital’ campaign, could lead to another potentially disastrous decline in customer service, MPs have warned. HMRC plans to cut its customer service...
by David Jones | Nov 28, 2015 | Accounts, Corporate Tax Planning, Family Tax Credits, Payroll Services, Personal Finance
Presented by Chancellor George Osborne on 26th November, the Spending Review set out what government spending will be over the next four years, while the Autumn Statement was his annual update of government plans for the economy. So what did the Chancellor reveal in...
David Jones is the Senior Partner and Founder of Morgan Jones & Company. Born in Liverpool and an Accountancy graduate of the University of Wolverhampton, David spent twenty years working for the Customs & Excise in London then Shrewsbury before starting his own business. David's depth of knowledge of the UK tax system and his ability to communicate this learning has seen Morgan Jones & Company grow into Shropshire's most respected Accountancy Practice. Email David