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, […]
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. […]
Are you searching for tax advice for the self-employed? Has the pandemic had a negative impact on your business? Are you struggling to pay your taxes and free up cash to invest in your business? While the Government introduced tax relief for some sectors and financial assistance to self-employed, the system is complicated and can […]
UK Tax Blog, UK Tax News, UK Tax Returns
Tax refund scam risk – File your tax returns online to avoid scams
These days we’re all at risk of tax scams, but it’s avoidable or you can at least reduce your risk by being on top of your tax returns and by filing your tax returns online. By filing your tax returns online and being organised with your tax affairs, you will know that you have done […]
So what should you do when you’re accused of tax fraud? We can all agree that this is not a situation that anyone wants to find themselves in. This article takes a look at tax fraud and covers some points that you should consider if you’re unfortunate to have found yourself in this position. Whether […]
The impending start of a new tax year fills many with dread. Getting your finances in order can be an arduous process, but it’s always worth taking a step back and assessing your fiscal position as the year commences. How to Get Your Finances in Order for the New Tax Year – Taxback’s Essential Guide […]
Need to connect with the best recruitment agencies for temporary jobs in the UK? If you’re looking for work in the UK that is suitable for Working Holiday Makers, Gap Year adventurers, Digital Nomads, or Students then we’ve pulled together a selection of websites that will help you hit the ground running. Coming to the […]
Are you due a tax refund? Here are 10 reasons you might be. Everyone likes to hear some good news now and again, and a tax refund of any kind is always going to be welcome. As Employers start to hand out P60 forms to millions of employees many of which could be due to […]
Need some tips for filing your self-assessment tax return? You’ve come to the right place. Our team has helped thousands of sole traders and self-employed freelancers file self-assessment tax returns and save a lot of money in the process. Read on to discover Taxback’s top tips for filing your self-assessment tax return How do you […]
From 6th April onwards, millions of employees and self-employed people will pay less tax due to an increase in the threshold for the 2020-21 tax year. After the coronavirus pandemic fallout, are you going to be better off after the 2020-21 tax threshold changes? Here are some tax reforms you will need to learn about […]