Tax and the UK’s Gig Economy

Tax and the UK’s Gig Economy

More and more employers and employees are favouring the so-called “gig economy”, where independent contractors and freelancers are hired as opposed to full-time employees. Temporary and flexible, these “gigs” are also free of contracts and as the tax law only recognises employed and self-employed, there are a number of UK tax issues which arise from […]

Money saving tips for international students

Money saving tips for international students

Britain’s populous capital city of London is steeped in culture, history and is a hotspot for tourists. The flip side, however, is a different take if you happen to be an international student trying to stay afloat of living costs in this cosmopolitan neighbourhood. For newcomers to the city, budgeting living expenses while juggling assignment […]

How to Save Money on Train Travel in the UK

How to save money on train travel in the UK

Train journeys offer one of the best stress -free travel options with the added benefit of beautiful views whizzing past your window. Looking to experience the English landscape by rail? Then you’re in for some awe inspiring adventures, that trace their tracks through the Scottish Highlands and Moors. However, brace yourself, travelling by rail in […]

Australian Expats’ Financial Guide When Returning Home for Good

Australian Expats’ Financial Guide When Returning Home

Moving comes with financial challenges that you must face. It is the same for when you leave your adopted home and return to Australia for good. But there are ways to help you save money and create a financial plan to avoid costly problems. Start planning early A lot of things on the financial front […]

Tax Contribution of UK Financial Services

UK VAT Submission Changes

An interesting factor to note in the UK tax system for the year 2017 was that the Financial Services (FS) sector had made a Total Tax Contribution (TTC) of £72.1 billion for the period under review. This amounted to 11 per cent of all government receipts, an increase from the 10 per cent of the […]

EIS Provisions – Required for CGT Relief

Self Assessment Tax Returns

There have been instances when the HMRC’s decisions with regard to UK tax have come under judicial review. One was the recent case, Ames v HMRC [2018] UKUT 0190 TCC which was taken up in the Upper Tribunal (UT) about HMRC’s decision not to accept a late claim for Enterprise Investment Scheme (EIS) income tax […]

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