Your tax bills as a new entrepreneur may be overwhelming. While we’re on the issue, you might be wondering “what can I claim on my tax return”. Did you know that you can use many allowable expenses to minimise the amount of tax you pay correctly? We’ve compiled a list of crucial Self-Assessment costs that […]
There are several reasons why you might be entitled to a tax refund or tax rebate from Her Majesty’s Revenue and Customs (HMRC). If you’re employed and pay tax through PAYE, this may have been miscalculated. Also, your self-assessment tax return may have contained errors, resulting in an overpayment of tax. If this is the […]
money saving tips, UK Tax Blog, UK Tax Returns
2021-22 Tax Return tips: How to get the most out of your tax refund
We all want to get the most out of your tax refund. Filing a UK tax return seems to get more complicated every year, and many individuals often experience heavy delays when waiting on tax refunds from HMRC. Our company is a specialist UK tax accountant for ex-pats, the self-employed and those working for employers […]
If you are employed and under 65 years of age, your employer will provide a tax code to work out how much income tax gets deducted from your salary. If you are a pensioner, your pension provider uses a tax code to determine your income tax deduction. But what does a tax code mean? And, […]
Feeling out of pocket despite working every hour that God sends? Well then, you may want to check your payslip carefully as you may be overpaying PAYE by being on an emergency tax code. If you think you’re owed a PAYE tax refund, a few things to consider before applying and a few things you […]
Keeping your UK Tax Refunds Accurate! This article educates you on filing your tax forms accurately; read on and discover the factors you need to declare, allowances you can claim and how to submit the most minimal tax bill with no mistakes. If you need extra help contact our team so we can help you […]
UK Tax News, UK Tax Returns
Who Does It Better? Comparing Tax Breaks For The Self-Employed Around The World
Being self-employed can be extremely rewarding, but it can also be extremely costly. Understanding the value of small businesses, countries worldwide offer a range of tax credits and deductions to help with operating costs. While most governments support the self-employed, some do it better than others. So who does it better? You be the judge. […]
If you need to know how to claim to work from home tax relief, then you’ve come to the right place. You can claim a working-from-home PAYE tax refund online via our website. Simply select the Working from home allowance tab in our menu. The beauty of claiming a tax refund online is that it’s […]
What are the benefits of the Construction Industry Scheme? In this article, we take a look at CIS and how this can benefit individuals who work in the industry. What is the Construction Industry Scheme? HM Revenue & Customs (HMRC) created the Construction Industry Scheme (CIS) for contractors and subcontractors in order to minimise tax […]
Have you been working from home throughout COVID? Chances are that you have right? PAYE taxpayers are eligible to claim a working from home tax allowance and if you could also qualify for equipment reimbursement and travel expenses. After the COVID pandemic kicked off, we all deserted city life and retreated to our dens. During […]