Car tax backdating

Posted by / 26-Oct-2019 04:40

You'll be paid money for previous tax years as a cheque.You won't have to tick any boxes or make a special request for this as it'll happen automatically.So, in a nutshell, one of you must be a non-taxpayer and one must be a basic-rate taxpayer. In rare circumstances, your personal allowance (the amount you can earn tax-free) may be different to the amounts above but your tax code letter will tell you.This could be because you have a company car, you owe tax, or your savings interest takes you over the threshold (see savings interest).Tax officials are counting parking spaces as separate premises when calculating companies’ business rates - in addition to classing firms operating on different floors as two separate properties.It leaves small businesses facing an even higher tax bill - and remarkably the extra costs will be backdated to 2015.

We have had to change how we value properties where an occupier uses two or more separated spaces within a building which has multiple occupiers.The Staircase Tax - first revealed by The Sun last month - hits small businesses particularly hard because the value of each “additional” building does not qualify for small business rate relief.The Valuation Office Agency (VOA), which calculates business rates for HMRC, is using a Supreme Court case to slap firms with extra bills - and allowing councils to backdate the tax hikes to 2015.Mark Rigby - head of business rates specialists CVS - warned Theresa May she risks ruining her Government’s reputation amongst the business community with the “latest twist in the ongoing Staircase Tax saga”.Jerry Schurder, head of business rates at property consultancy Gerald Eve, said: “The impact on affected small businesses is huge.

car tax backdating-80car tax backdating-82car tax backdating-60

One thought on “car tax backdating”