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. […]
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 […]
Self Employed Tax Guides, UK Tax Blog
What To Consider Before Becoming Self-Employed – And Claim Self-Employed Tax Returns Too!
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 […]
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 […]
Self Employed Tax Guides, UK Tax Blog, UK Tax News, UK Tax Returns
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 […]
Self Employed Tax Guides, UK Tax Blog, UK Tax News, UK Tax Returns
Major Changes To 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 […]
More and more people in the UK are starting their own businesses or going freelance. In fact, the number of self-employed people increased from 3.3 million in 2001 to 4.8 million in 2017, and the number of new businesses jumped from 383,000 in 2015 to 414,000 in 2016. But we’re willing to bet that not […]
We’ve all felt that sinking feeling inside when we look at our paycheck to see a sizeable chunk has been seized by the tax man only to have never been seen again. But did you know just by taking a few simple measures everyone can cut their costs to the HMRC and best of all […]
CIS Tax Guides UK, Self Employed Tax Guides, UK Tax Blog
Taxes for Construction Industry Workers in the UK
If you are working in the construction industry in the UK, you will need to be aware of the Construction Industry Scheme – also known as CIS. CIS was developed to minimize tax evasion within the construction industry and applies to all contactors and subconstractors who work in main stream construction within the UK. Therefore, […]
Tax. Everyone working in the UK pays it yet if you were a foreign worker it can be stressful claiming your tax refund. You may be in the estimated 90% of foreign workers in the UK who have overpaid their tax to Her Majesty’s Revenue and Customs (HMRC). This is partly due to how tax […]