Need some tips for filing your self-assessment tax return? You’ve come to the right place. Our team has helped thousands of sole traders and self-employed freelancers file self-assessment tax returns and save a lot of money in the process. Read on to discover Taxback’s top tips for filing your self-assessment tax return How do you […]
From 6th April onwards, millions of employees and self-employed people will pay less tax due to an increase in the threshold for the 2020-21 tax year. After the coronavirus pandemic fallout, are you going to be better off after the 2020-21 tax threshold changes? Here are some tax reforms you will need to learn about […]
What’s the 2021 deadline day for claiming your tax back? This article looks at the key deadlines in the UK tax year and summarises what you may be able to claim from HMRC. Key UK financial year tax dates The key dates in the UK financial tax year run from the 6th of April each […]
If you are currently serving or former Ministry Of Defence personnel you can claim an Armed Forces Tax Refund. This includes claiming on your travel expenses if you have used your own vehicle or public transport and have had temporary postings of under 24 months in the UK as well as overseas. Your Armed Forces […]
What’s the Tax Free Personal Allowance in the 2020-21 and 2021-22 Tax Year? On the 6th of April each year the new tax changes come into effect and this is when you could see a changes to your tax free allowance. Regardless of your tax free allowance, there may be other factors that mean you’re […]
Everything you need to know about taxes – Part II – or Everything you need to know about taxes but were afraid to ask! (Isn’t that a Woody Allen film!!) So, here we are again and we are going to cover the super-dooper exciting subject of Tax!! First and foremost TAX, it’s something you will […]
There are two things in life that are certain, according to Benjamin Franklin, “Death and Taxes”! He’s right of course, you won’t avoid either, unless you have a cryogenics program under way!! Tax is tax is tax and if you work here in the UK, you will pay it. Current rates are quite similar to […]
New Rules To Claim Tax Refunds UK in 2021-22 This article lists important deadlines to adhere to when submitting your 2021-22 tax returns. The HMRC has introduced some changes for the new tax year and you need to get updated in order to avoid delays and penalties and claim your UK tax refund on time. […]
This article contains a guide to filling in your UK Self Assessment tax return and how to file your tax return online. It is very important that you fill in your self-assessment tax return before the 31st January deadline each year; failure to do so could mean you receive a late penalty charge which is […]
The Financial Year – what is it and why do we have it? The financial year here in the UK is the 5th April. We have it, so that individuals/companies etc. (and it’s the same for everyone), can pay their taxes for the previous year and we can all benefit from the governments infinite wisdom, […]