In UK tax news, the Personal Allowance amount, or the figure you can earn before paying income tax, will go up to £12,500 for the 2019-20 tax year. The numbers section of tax codes gives this number. For employees it is: 1250L. Read on to see if you are entitled to a Paye tax refund. […]
Your self-assessment tax for the UK is a serious task which needs to be done accurately and timely; if you are a self-employed professional who between the period of April 6th 2018 and April 5th 2019 earned over £1,000 you must file that self-assessment tax form to HMRC online or using a UK tax agent […]
Listed are common UK tax return mistakes and the solution to avoiding them. After all, a small mistake filling out that HMRC document can result in you incurring huge losses, so let’s get cracking and avoid those expensive mistakes. What are the Common UK Tax Return Mistakes? Individuals who put in self-assessment tax returns in […]
Time to get the wheels turning for your 2014/2015 UK tax returns, and you need to act fast, before the year ends in April 2019. Beat the clock and get back those tax rebates, HMRC needs proof and are quite eager to return what’s owed to you; so, read on and get the paperwork started. […]
In 2017/18 a pretty impressive percentage of Brits got their UK self-assessment tax return spot on! In fact, it was a record breaking figure with an impressive 93.68% getting in their tax return claims on time, out of which 700,000 were last minute, but hey, beating the deadline is all that matters. Here’s how you […]