April Comes with Changes Major Changes in Tax and Benefits The new tax year ushers in plenty of changes that are sure to hit you where it hurts the most—your pocket. From April 1, expect the benefit for homeowners to end and for welfare claimants to feel the squeeze. This is why you should be […]
Following the end of tax year 2017, you’re likely to be working out your tax return to check if your PAYE Tax qualifies you for a UK Tax Returns taxman offers. Whether or not HMRC will send you overpaid or underpaid tax calculations heavily depend on how much tax your employer paid through the PAYE scheme. What […]
As if UK tax is not complicated enough, British expats also have to deal with expats tax that is even more challenging to deal with. There are many things you need to learn for understanding UK tax better and knowing the tax requirements needed from a British expat. It is a common misconception that moving […]
As a foreign student, you would think that you would be spared from paying tax until you earn a decent income. Unfortunately, this is not the case, and not knowing the basic International student tax laws could cost you money. How much tax are you liable to pay the taxman? Anything you earn above the […]
It’s that time of the year to pay your tax bill. HM Revenue and Customs (HMRC) provides you with options to pay by debit or credit card. But certain rules apply. Since 13 January 2018, HMRC has imposed a ban on using a personal credit card for tax payments. According to a written warning that […]
Following the end of tax year 2017, you’re likely to be working out your tax return to check if your PAYE Tax qualifies you for a tax refund UK taxman offers. Whether or not HMRC will send you overpaid or underpaid tax calculations heavily depend on how much tax your employer paid through the PAYE […]
uk expat tax, UK Tax Blog, UK Tax News, UK Tax Returns
April Comes with Major Changes in Tax and Benefits
The new tax year ushers in plenty of changes that will hit you where it hurts your pocket the most. From April 1, expect homeowners’ benefits to end and welfare claimants to feel the squeeze. This is why you should be on the lookout for any updates on UK Tax News. There is a bit […]
The end of tax year 2017 marks the time that you need to work on your tax return. To avoid penalties, it is important that you understand PAYE Tax and other related information, including tax refund that will give you extra money to spend. Doing so is also one way to determine if you paid […]
PAYE Tax UK, UK Tax Blog, UK Tax Returns
What if you get PAYE Tax calculations for end of tax year 2017-18 or earlier?
Calculations for the end of the tax year 2017 In most cases, tax calculations and deductions are handled by your employer. It is assumed that you pay the correct tax by the end of the year. Find out if you’re owed a tax refund using our UK Tax Refund Calculator Premature PAYE Tax Refunds However, […]
If you work in the UK, you’re probably no stranger to the PAYE (Pay as You Earn) system that employers use to calculate and deduct tax and pay National Insurance. In Ireland, the same method is used to calculate Universal Social Charge and Pay Related Social Insurance (PRSI). How exactly are PAYE Tax Refunds calculated? […]