If you are moving out of the UK, or have relocated in the last four tax years, you could be due for a tax refund for leaving the UK. Curious about a Working holiday tax return? Find out more from our Leaving UK tax back guide, and see how you can Claim back UK tax. […]
Self Assessment, UK Tax Blog, UK Tax News, UK Tax Returns
What Is A UTR Number And How Does It Apply To You?
The Unique Taxpayer Reference Number or UTR is an exclusive 10 digit code that’s allocated to you or a company by Her Majesty’s Revenue and Customs (HMRC). This code helps HMRC personally identify you with reference to any tax responsibilities or rebates. If You Have A UTR Number And: Work in trades, you need to […]
If you have received a fine from HMRC, our guide will tell you how to appeal a Self-Assessment penalty, get it delayed or reduced. If you appeal to the tribunal, HMRC will wait for your payment until the tribunal sorts out your appeal. What’s important is that you act fast and get help. The best […]
Tax credit debts and how they are collected keep changing, which is why you should not ignore any letters you receive from HMRC. Read on for a breakdown of tax credit debt and UK tax advice, including self-assessment tax advice. The Department of Work and Pensions (DWP) announced that a segment of tax credit debt […]
Self Assessment, UK Tax Blog
Do You Need to File a Tax Return on January 31st 2020? Read Our Self Assessment Checklist
It’s that time of year when UK Self Assessment tax returns must be prepared and submitted to HMRC on the 31st January. If you’re not organised this task can be time consuming, and can be daunting and stressful but nevertheless it has to be done or you will receive a late filing fine. Do You […]
In the United Kingdom, small businesses face a number of taxes that they must pay. It is also important that you understand which legal structure is best suited for your small business before registering your new business. Small businesses in the UK are subject to a number of taxes, depending on the performance of your […]
Self Assessment, UK Tax Blog
How To Successfully Complete Your Self-Assessment Tax Returns And Understanding The UK Tax System
Self-Assessment Tax doesn’t have to be taxing and it shouldn’t be with these articles. From understanding self-assessment tax returns to guides on how to complete the paper and online versions themselves, it’s all here. There’s also information on which deadlines to look out, which mistakes to avoid, what taxation applies to you and how to […]
PAYE, or pay-as-you-earn tax, applies to pretty much everyone yet understanding how it works is crucial to making it work for you. Here you’ll find articles on understanding the PAYE tax code and its returns scheme, how to check your PAYE tax calculations and understanding how it works in the UK. Crucially, there is information […]
The internet revolution has meant that it’s never been easier to buy goods and services online. The sheer convenience of online shopping has meant that many people are now choosing to buy goods at some unusual times of the day. But this convenience has meant that it can often be tricky to manage your money […]
Tax Refunds UK Expats Can Claim As an employed expat in the UK, you are obliged to file a UK tax return and also claim tax refunds UK taxpayers are entitled to. Not all taxpayers can claim a refund on tax, there are conditions when claiming a UK tax refund. Taxback has helped many foreign […]