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 […]
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 […]
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 […]
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 […]
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 […]
Following the end of tax year 2017, you’re likely to be working out your tax return to check if your PAYE Tax qualifies you for a UK Tax Returns taxman offers. Whether or not HMRC will send you overpaid or underpaid tax calculations heavily depend on how much tax your employer paid through the PAYE scheme. What […]
The new tax year ushers in plenty of changes that will hit you where it hurts your pocket the most. From April 1, expect homeowners’ benefits to end and welfare claimants to feel the squeeze. This is why you should be on the lookout for any updates on UK Tax News. There is a bit […]
The end of tax year 2017 marks the time that you need to work on your tax return. To avoid penalties, it is important that you understand PAYE Tax and other related information, including tax refund that will give you extra money to spend. Doing so is also one way to determine if you paid […]
As if UK tax is not complicated enough, British expats also have to deal with expats tax that is even more challenging to deal with. There are many things you need to learn for understanding UK tax better and knowing the UK tax return requirements needed from a British expat. Here’s our need to know […]
Applicable Taxes for Foreign Teachers in the UK To teach in the UK, there are documents and requirements that you need to comply with. Although you can work as a foreign teacher, without a work permit, tax treatment will greatly vary. It also matters if you are a resident or non-resident in the UK for […]