UK Foreign Students: Tax matters to Attend When Leaving Did you previously study and work in the UK? Were you able to claim are payment of your tax when you left for the UK? If you returned home without doing so, you could be entitled for a tax refund. If you are still studying in […]
Tax Cuts Middle Income Earners Can Benefit From Tax-related woes continue to plague Britain’s workforce, but there might be hope for middle-income earners. Recent tax cuts offer several benefits, although a life in austerity is not going away anytime soon. Despite the Prime Minister’s pledge of “tax cuts for 30 million people”, not everyone might […]
Breaking Down What MOSS Is Do you supply services related to broadcasting, telecommunications and electronics to non-VAT registered customers in the EU? If you have been doing business without any problems in the past, you might want to prepare for some major headaches that are coming your way. Since changes in the rules of theVAT […]
All About Double Taxation Avoidance Agreements Double taxation agreements are made between two states to protect individuals from being taxed twice. As a non-resident working in the UK, for example, your income would not be taxable in two states, if your home country has a double taxation treaty with the UK. Double Taxation treaties are […]
How the Rich Avoid Taxes and Get Away with It According to HM Revenue Customs (HMRC), “Tax avoidance is bending the rules of the tax system to gain a tax advantage that parliament never intended”. Most people who avoid paying taxes make the conscious decision to do so and employ any strategy available to them. […]
Hiding from the Taxman: Major Personalities with Tax Woes Unfair would be an understatement if you think about how the rich gets to pay fewer taxes, while middle-class earners go broke once taxes have been deducted from their income. But the truth is, the rich have the means to avoid paying taxes – some of […]
Knowing the Many Ways to Send Money from the UK to Your Home Country Sending money abroad is easier these days, what with all the various options available. Apart from banks, you can also use international money transfers or even through online transactions. Each channel has its pros and cons. This is why you must […]
How the UK’s Shale Gas Revolution Will Affect Employment for Gas & Oil Workers The UK has traditionally been a centre of excellence in the oil field and services industry, providing thousands of employments for both local and foreign workers. The Shale Gas Revolution may change all this, although not just yet in the near […]
Are You Filing Your Tax Return Correctly? Getting a tax refund is extra money that you can spend any way you want, but if you are not smart about filing a tax return, it can become money down the drain. So make sure you know which time of the year you need to complete a […]
Celebrities have a reputation for keeping their mouths shut when it comes to tax, as the less that’s known about their little offshore schemes the better. But, there are odd moments when they decide to pipe up, and the majority of the time, it’s about how taxes are unfair on the ridiculously wealthy. Here’s how […]