If you fall within IR35 tax guidelines, it means that HMRC sees you as an employee in the ‘off-payroll’ working laws, for tax purposes. Here’s more UK tax advice on IR35. What Does It Mean To Be ‘Inside IR35’? In 2000, the off-payroll working rules were introduced by HMRC to make sure contractors, who would […]
Avoid heavy penalties by filing your UK tax returns on time. Listed are important deadlines for 2020, by when to submit your self-assessment tax returns and make payments. Apply For Online Tax Returns And Make Your First Payment – January 31st 2020 January 31st, 2020 deadline is the last day for submitting your online tax […]
The UK’s IR35 tax rules, newly introduced, will become effective by April 2020. This article explains these new UK tax rules. What Is The Present IR35 Tax Policies For UK Tax Payers? The current IR35 tax rule addresses the issue of a tax avoidance by an independent contractor contracting via a personal service company (PSC) […]
Just moved to the UK and wondering about paying tax. Let’s make sense of those complicated UK tax laws and update you on UK working holiday tax return for non-residents UK tax laws are complicated and confusing, especially, if you have just moved to the country and are eligible to pay income tax. This article […]
The cryptocurrency market may be expanding rapidly but the ambiguity in terms to define the products that come in its purview is what is intriguing. While all types of digital currencies are based on decentralization technologies, the terms used for describing them differ from one country to another. Argentina and Thailand refer to these as […]
If you are selling products in the US, sales tax and VAT are the same but this is not the case in other countries. It is important to know about VAT if you are opting for international selling. Each country has its own regulations in this relation and users should be aware of them before […]
As a small business owner or sole trader, you must pay personal income tax. Learn here about the type of tax applicable and conditions to claim back UK tax. Any profit you make on your business must be declared to HMRC. But first you must register your new business and choose the appropriate legal structure, […]
Self Employed Tax Guides, UK Tax Blog
Benefit From A Self Employed Tax Refund By Cutting Costs With UK Tax Allowances
Tax allowances added to the new tax year from 6th April, help the self-employed cut costs. Let’s look at benefits, from your self-employed tax refund to other allowances As a leading tax refund agent in the UK, the professional accountants at Taxback know a thing or two about helping you save your hard earned money. […]
Tax is the amount which users pay on products that they purchase. The rules, mathematical interpretations and other constituents vary from one country to the other. If you are living in the United Kingdom, a certain tax model would be applied on the shopping and services. Residents of UK should know how the tax value […]
Is this an issue keeping you up at night? Act fast and avoid further penalties. Read on for advice on how to avoid paying heavy penalties and claim your UK tax refunds. As a leading tax refund company in the UK, we know there are hundreds of taxpayers who have failed to submit their self-assessment […]