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Tax Recovery Services (TRS), a new legal claims company, has launched today to "help those affected by unclaimed tax relief pursue negligent accountants and recover their losses". Manchester-based Tax Recovery Services is the first company of its kind in the UK and will help clients seek redress whe

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HMRC has announced that Self Assessment taxpayers will not be charged a 5% late payment penalty if they pay their tax or set up a payment plan by 1 April. The payment deadline for Self Assessment is 31 January and interest is charged from 1 February on any amounts outstanding. Normally, a 5% late pa

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