Self-Employed Individuals Encouraged to Reach New Deadlines for Tax Returns

New Deadlines for Tax Returns

The COVID-19 crisis is having far-reaching financial effects on individuals and companies alike in the UK and around the world. The Low Income Tax Reform Group (LITRG) says that self-employed individuals who have yet to submit their 2018/19 self-assessment tax return have until 23 April 2020, else they will risk missing out on potential government […]

Self-Employed Tax Changes for 2020-2021

Self-Employed Tax Changes for 2020-2021

From 6th April onwards, millions of employees and the self-employed employees will pay less tax due to an increase in the threshold for the 2020-21 tax year in the National Insurance market. But after the coronavirus pandemic fallout, are you going to be better off still? Here are some tax reforms you will need to […]

Falling Inside IR35 Tax Rules – UK Tax Advice For The Self-Employed

If you fall within IR35 tax guidelines, it means that HMRC sees you as an employee in the ‘off-payroll’ working laws, for tax purposes. Here’s more UK tax advice on IR35. What Does It Mean To Be ‘Inside IR35’? In 2000, the off-payroll working rules were introduced by HMRC to make sure contractors, who would […]

Benefit From A Self Employed Tax Refund By Cutting Costs With UK Tax Allowances

Benefit From A Self Employed Tax Refund By Cutting Costs

Tax allowances added to the new tax year from 6th April, help the self-employed cut costs. Let’s look at benefits, from your self-employed tax refund to other allowances As a leading tax refund agent in the UK, the professional accountants at Taxback know a thing or two about helping you save your hard earned money. […]

Smart Money Moves When Your Self-Employed

Smart Money Moves When Your Self-Employed

Claim Your Self-Employed Tax Refund! Are you part of UK’s self-employed population? Thought about your future financially? From claiming your self-employed tax refund to pension plans, here’s our advice! Claim Your Self-Employed Tax Refunds As A Smart Money Move While you maybe careful to file your self-assessment UK tax returns on time. Making sure to […]

What To Consider Before Becoming Self-Employed – And Claim Self-Employed Tax Returns Too!

Claim Self-Employed Tax Returns

Want to make the switch from a 9 to 5 job? Here are some invaluable tips to consider before making that life-changing shift! And even claiming self-employed tax returns! Save First, Before Becoming Self-Employed To Claim Your UK Tax Refunds While achieving your dream of being successfully self-employed, it’s important to take this big step […]

How To Claim Tax in UK And Other Top Tax Tips For The Self-Employment

How To Claim Back UK Tax For The Self-Employed

Are you self-employed and paying tax to HMRC? Then it’s time you learnt to claim tax in UK, pay the taxman only what’s due and save your hard earned money! Albert Einstein so wisely once said; ‘the hardest thing to understand is income tax’. And as the UK’s leading tax refund agency, we at Tax […]

HMRC System Error Could Lead to Fines for the Self-employed – Will You Be Affected?

A Glitch That Could Cause an Error in Your UK Tax Return A technical glitch within the HMRC system has at times been the cause for taxpayers receiving incorrect reminders on payments; a problem since a taxpayer not paying the right amount of their UK tax return does get fined! Are you on the self-assessment […]

Major Changes To Self-Employed Tax Coming In 2019/20 Tax Year

Self-Employed Tax Coming In 2019/20 Tax Year

New Changes to Consider for your UK Tax Refunds The new tax reforms introduced by April 06th will see over 32 million people paying less tax in the UK. However for the self-employed it’s not all ‘good news’, we see a few changes which will not be beneficial to self-employed UK tax payers. How will […]

Check Your UK Tax Code Is Correct – New 2019/20 PAYE Codes

Making the most of your UK tax refunds If you are employed or are the receiver of a pension, you will already have or be issued a 2019/20 PAYE code from HMRC. The code comes via mail, or self-assessed tax payers can check online. Tax codes tell you or your employer under which criteria to […]

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