The challenges of 2020 have shone a spotlight on the nation’s home life in a way that few could have predicted and a seemingly resilient factor in the ongoing fear and uncertainty wrought by the Covid-19 pandemic has been the value and security of a place to call home. Willingly or not, the UK population […]
If you are a foreign worker in the UK, you may be entitled to a tax refund. Thousands of people come to the UK to work, travel and explore. The attractive wages and employment regulations make this country a great place for international people to work, and while you are expected to pay tax, you […]
If you’ve been living in the UK and owed a tax rebate, you could use it to extend your skills and become a dream employee. Spending Your Tax Refund Wisely will mean more cash back in your pocket at the end of the year but this means you need to plan and think about what […]
Accountants use their skills and expertise to help grow your business by managing your financial accounts. It’s common knowledge that a lot of what they do is recording and inspection. However, can they actually save you money? A lot of businesses are ultimately trying to save more money and cut costs, so we will find […]
Covid-19 is not only a health crisis for self-employed launches but also a pressing employment crisis. The HMRC has begun to contact over 3 million taxpayers who could be qualifying for the Self-Employment Income Support Scheme (SEISS) of the government to clarify the application process and encourage them to plan for a claim when the […]
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A New Hobby Thanks To Your Tax Refund
It’s really common for students to be taxed under the PAYE system, which isn’t designed for those in full-time education. Working part-time or during the holidays can often result in students overpaying tax, and would therefore be entitled to a tax rebate, extremely handy if you’re thinking about taking up a new hobby with so […]
Self Employed Tax Guides, UK Tax Blog, UK Tax News
Self-Employed Individuals Encouraged to Reach New Deadlines for Tax Returns
The COVID-19 crisis is having far-reaching financial effects on individuals and companies alike in the UK and around the world. The Low Income Tax Reform Group (LITRG) says that self-employed individuals who have yet to submit their 2018/19 self-assessment tax return have until 23 April 2020, else they will risk missing out on potential government […]
During the coronavirus pandemic, the UK Government is helping companies by deferring VAT and self-assessment payments. Temporary amendments to the VAT payments are expected to help companies handle their cash flow between 20 March 2020 and 30 June 2020. The HMRC does not charge interest or fines in respect of any amount deferred as a […]
A full tax rebate from the government is what you truly deserve. You have worked hard to earn the money that you have made. Is there any reason you can think of why you should not be entitled to it? The answer to this is obviously no. However, getting that full UK tax rebate back […]
Companies in the gambling industry were all dealt a financial blowback in April 2019 when fixed odds betting terminals (FOBTs) had their max stake reduced to £2 from £100. It was a sensible move by the Department for Digital, Culture, Media and Sport (DCMS) at the time but it’s since led to betting shop closures […]