Getting a 0% balance credit card transfer could help you during UK tax return time. If you have significant credit card debt, a 0% balance transfer credit card will help you in paying it off. 0% balance cards offer no interest for a set term, easing your debt payment plan. If you work with a […]
More and more employers and employees are favouring the so-called “gig economy”, where independent contractors and freelancers are hired as opposed to full-time employees. Temporary and flexible, these “gigs” are also free of contracts and as the tax law only recognises employed and self-employed, there are a number of UK tax issues which arise from […]
Are you on the correct code? Find out which tax code you should be on for the current tax year April 6th, 2020 – April 5th 2021. Don’t forget to check if you’re on the correct tax code Making the most of your UK tax refunds If you are employed or are the receiver of […]
Britain’s populous capital city of London is steeped in culture, history and is a hotspot for tourists. The flip side, however, is a different take if you happen to be an international student trying to stay afloat of living costs in this cosmopolitan neighbourhood. For newcomers to the city, budgeting living expenses while juggling assignment […]
Train journeys offer one of the best stress -free travel options with the added benefit of beautiful views whizzing past your window. Looking to experience the English landscape by rail? Then you’re in for some awe inspiring adventures, that trace their tracks through the Scottish Highlands and Moors. However, brace yourself, travelling by rail in […]
While the United Kingdom offers plenty of things to see and do for tourists, it can get a bit expensive at times – transportation wise. But if there’s a will, there’s definitely a way! And we’ve found some of the best ways to get around the UK on a budget. So keep reading. Remember the […]
Moving comes with financial challenges that you must face. It is the same for when you leave your adopted home and return to Australia for good. But there are ways to help you save money and create a financial plan to avoid costly problems. Start planning early A lot of things on the financial front […]
An interesting factor to note in the UK tax system for the year 2017 was that the Financial Services (FS) sector had made a Total Tax Contribution (TTC) of £72.1 billion for the period under review. This amounted to 11 per cent of all government receipts, an increase from the 10 per cent of the […]
There have been instances when the HMRC’s decisions with regard to UK tax have come under judicial review. One was the recent case, Ames v HMRC [2018] UKUT 0190 TCC which was taken up in the Upper Tribunal (UT) about HMRC’s decision not to accept a late claim for Enterprise Investment Scheme (EIS) income tax […]
Major changes are expected in the UK tax structure with Making Tax Digital UK (MTD), the system which intends to digitise tax collection in the country, coming into effect for businesses, commencing with VAT, from 1st April 2019. Here is What you should know about Making Tax Digital UK (MTD) MDT was announced in the April […]