Earlier this month, the HMRC rolled out a huge change to the PAYE system called “Real Time Information.” Its goal is to maintain up-to-date data, giving government departments a more accurate picture of taxpayer earnings. However, employers are reporting problems with the new system and accountants across the UK are warning that those problems could […]
The tax code in the United Kingdom is complicated as it is in many other places as well. The average citizen probably does not have a great chance of understanding the entire code, and may well be losing out on some of the UK tax refunds that they are duly entitled. This is the very […]
Depending on your income level, you may be paying tax on the interest from your savings account when you do not have to. Who qualifies and how can you get your money back through a tax refund? Qualifications If your taxable income is less than your tax-free Personal Allowance then you qualify to register for […]
Students are typically a group that needs their money as much as anyone. They have expenses that they have not had to face in the past, and they are probably not used to having to pay for all of the things that they are now expected to take care of. As such the student tax […]
If you are required to wear a uniform to work, do you know you may qualify for a tax rebate for the cost of maintaining it? From policemen to nurses to electricians, many UK taxpayers wear uniforms to work. Who qualifies and how can you collect your tax rebate? Qualifications It’s pretty simple. If you […]
The UK has long been considered a place of opportunity and prosperity, which has beckoned migrants to come here to find work for decades. The construction industry is one that is popular for hiring foreign workers, because they are found to be hard working, skilled in the trade and provide opportunity for expansion. However, there […]
Where to Live When on a UK Working Holiday Applying for a Working Holiday Visa in the UK is one of the most amazing ways to work abroad, explore the UK and save a strong currency at the same time. The last option, however, is only good if the money you earn abroad would be […]
Independent contractors who want to make the most of their tax refunds need to make sure that they understand what they are entitled to. Many people see maximizing tax refunds as a way to “get over” on the system, but this couldn’t be further from the truth. You are essentially receiving refunds on money you […]
Finding Job Prospects for Childcare Professionals in UK Being a childcare professional is probably one of the most rewarding jobs. Sure, it has its share of disadvantages, not to mention the stress when dealing with certain children, but it certainly has its appeal. This is especially true that anyone in this line of work can […]
While paying taxes isn’t something we want to think about, putting it off for too long can mean we end up paying fines and we could have to pay more than we should. In most cases, people lose out on receiving the tax back they are owed simply because they’re unaware of what they can […]