Does your job involve tips? Here we take a look at when tips are taxable in the UK… It is possible that tips you receive at work are subject to tax and National Insurance (NI) contributions, depending on who and how the tips are shared out. Time to learn more about it. When are tips […]
Who doesn’t look forward to a time when all days in the week can be spent doing leisurely activities? For a truly enjoyable retirement, you have to make sure all your affairs are in order early on. To ensure that happens, here are some traps to avoid. 1. Forgetting to take the lifetime allowance into […]
Bath UNESCO world heritage city Bath is a UNESCO World Heritage City that receives nearly 6 million tourists each year. With plans to introduce a tourist tax similar to Paris, Rome, and other major European destinations, it will surely see a boost of tax revenue. How that will affect the number of visiting tourists remains […]
UK Tax Blog, UK Tax News
50p ‘Booze Tax’ Will Make Newcastle the First English City to Introduce Alcohol Tax
In an effort to reduce alcohol-related problems, Newcastle will introduce a 50p ‘booze tax’, making it the first English city to do so. It will also be the first to bring in a minimum pricing unit structure if the plan pushes through. What does the booze tax imply? All pubs, clubs, and shops will charge […]
Even residents for tax purposes find the UK tax rules complicated. How much more to expats like you who want to move to the UK. Because your tax treatment could be different because of your non-domiciled status. Being non-domiciled in the UK can have a potential impact on your UK tax affairs. This is why […]
money saving tips, PAYE Tax UK, UK Tax Blog, UK Tax News
UK Taxpayers in 2018 to Save More on Tax Payments
Save More on Tax Payments With the amount of tax-free personal allowance increased in 2018, most taxpayers will enjoy a bit of extra cash. The Personal Allowance rate for the 2017/18 tax year is currently at £11,500. Last April 2018, the amount went up by £350, bringing tax-free Personal Allowance to £11,850. Applicable until April […]
UK tax facts; Are you an expat planning to move to the UK? What are the most critical things you need to know is about UK tax? This article will discuss the taxes you’re likely to pay when living in the UK. Understanding important UK Tax facts will spare you from spending more than you need to […]
When people talk about the financial markets, they often fail to recognise the differences that distinguish specific niches and products. Anyone who has ever tried online trading can testify to this, as few markets are accessible across three alternative trading sessions or during a 24-hour period. Each individual market niche and financial product also sees different […]
Find out if you’re owed a Tax refund after working in the UK. Did you know you could claim back up to 4 years tax if you haven’t claimed before? Well you do now. If you’re a non UK resident you could be owed a significant tax refund. But to find out if you’re owed […]
April Comes with Changes Major Changes in Tax and Benefits The new tax year ushers in plenty of changes that are sure to hit you where it hurts the most—your pocket. From April 1, expect the benefit for homeowners to end and for welfare claimants to feel the squeeze. This is why you should be […]