income
Gilead should provide drug prevention medication in low -income countries
After months of anticipation, Gilead offered an agreement to provide its revolutionary drug on HIV prevention to up to 2 million people in low and intermediate income countries. As part of the New Deal, the Global Fund to combat AIDS, tuberculosis and malaria will be responsible for the purchase and provision of drug doses, known […]
Understanding High Income Child Benefit and Pension Costs…
What do you need to know? Introduction Navigating the complexities of the UK tax system can be difficult, especially when certain charges catch you off guard. Among these often overlooked areas are High Income Child Benefits (HICBC) and pension tax charges. These measures can be important, but many taxpayers are unaware of their existence or […]
Successful application for income tax overpayment relief
Case of the month Introduction Our client is the beneficiary of a discretionary trust. With a discretionary trust, all distributions received by beneficiaries are treated as if they had already been taxed at 45%. Therefore, beneficiaries who are not additional rate taxpayers should claim the additional trust tax refund from HMRC. Issue Our client lives […]