This article contains a guide to filling in your UK Self Assessment tax return and how to file your tax return online. It is very important that you fill in your self-assessment tax return before the 31st January deadline each year; failure to do so could mean you receive a late penalty charge which is […]
Self Assessment, UK Tax Blog, UK Tax Returns
Six reasons to file your UK self-assessment tax return early
Being a tax return early bird will mean you avoid spending the festive period immersed in catching up with your business’s paperwork to be ready to file your tax return on time. There are several advantages to filing your tax return early and here in this Self-assessment tax return guide, we take a look at […]
Self Assessment, Self Employed Tax Guides, UK Tax Blog
Do you know if you need to file a Self-Assessment tax return?
How do I know if I need to file a Self-Assessment tax return? Failure to file income tax on time usually results in fines and penalties that would have been avoided when diligence is practiced. But a new problem arose due to a mad dash to beat tax deadline – unnecessary filing of self-assessment. Take […]
money saving tips, UK Tax Blog, UK Tax News, UK Tax Returns
Important Dates In The UK Financial Year – Key 2021 UK Tax Dates
The Financial Year – what is it and why do we have it? The financial year here in the UK is the 5th April. We have it, so that individuals/companies etc. (and it’s the same for everyone), can pay their taxes for the previous year and we can all benefit from the governments infinite wisdom, […]
Do you work in the construction industry? In this article we find out how to claim a CIS tax refund. Did you know, that almost 1/3 of UK construction workers pay too much tax which equates to an estimated £80 million lost each year. If you feel you’ve overpaid tax, it is time to take […]
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 […]
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 […]