HMRC to target UK Landlords with undeclared rental income

HMRC estimates that up to 1.5 million landlords may be underpaying £500 million in tax every year and has subsequently launched the ‘Let Property Campaign’ to encourage voluntary disclosures of undeclared and under-declared rental income. The issue of undeclared rental income has been an ongoing...

UK Budget 2014 – The Update

In the year before a general election, the UK Budget tends to include an element of political spin, to ensure the party (or parties under the current coalition government) in power keep any swaying voters on their side. This year was no different and after...

Canadian tax changes for 2014

It’s no secret that with the introduction of every new government budget comes changes to your tax obligations and in many cases the introduction of new taxes. Below are eleven of the most important changes to Canadian taxes in 2014 which could affect how you...

Taxing times for Apple Australia

A probe into Apple Australia’s tax affairs has exposed that the tech giant has paid a miniscule $193 million on $27 billion worth of products purchased in the country since 2002, a mere 0.7% of its turnover. The company has reportedly minimised its tax bill...

Happy Birthday Veliko Tarnovo!

As a global company with 33 offices in 23 countries worldwide, it will come as no surprise to you all that we have an office based in the beautiful city of Veliko Tarnovo. On March 5th, our wonderful collegues based in that office will celebrate...

10 Myths about Canadian Taxes

Filing Canadian tax returns can be confusing enough as it is, never mind how much more confusing things get when you start to hear about possible tax deductions you can make, how many you can make, when you can claim a tax refund, what income...

You’re due a tax refund! Or are you?

At taxback.com, we’re always alerting people to the most recent tax refund fraud schemes that are going around. Sometimes, these emails are even sent to members of our tax team, who of course, immediately report the email to our worldwide tax team, as well as...

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