The 31st of January is the deadline for submission of tax returns for those who chose to file online. Filing taxes is surely not the ideal way to be spending the holidays, but according to HM Revenue and Customs more than 20,000 submitted their returns on New Year’s Eve. If you want to avoid spoiling […]
If you pay tax through the PAYE system, it is your employer’s responsibility to send HMRC information about your income, the amo-unt of taxes paid, and any benefits you receive in kind within the tax year. Once automatic reconciliation is done at the end of each tax year, you will know, one way or another, […]
The UK tax system is a complicated lot. This is why foreigners who come to live and work in the UK must, at least, know the basics. So here’s some info that may be helpful for both New Zealanders and Australians in the UK. All income earned in the UK, including benefits, savings interest, and […]
Apply For A UK Tax Refund Think you overpaid tax? If you were in the wrong tax code for a long time, then it is highly likely that you paid too much tax. If you are unsure, ask. Don’t be one of those people who doesn’t claim a tax refund because of misconceptions. Some people […]
Image by PublicDomainPictures from Pixabay If you worked in Canada for a certain period and received remuneration, you may be eligible for a tax rebate that you can claim in the UK. Just make sure you have your T4 Slip or Statement of Remuneration Paid slip with you. Steps to claim a Canadian tax rebate […]
Think you’ve overpaid tax? Then, you are likely legible for a tax refund. Overpaid tax can arise under different circumstances. The wrong tax code was used because HMRC used the wrong one oryour employer used an incorrect code. You were taxed under an emergency code when you started yournew job. Your circumstances have changed, but […]
If you’re an Australian resident currently working overseas, you need to submit an Australian tax return and declare your worldwide income. This applies to both assessable income and exempt foreign employment income. Firstly, you must recognise your tax situation: whether you’re an Australian or foreign resident for tax purposes. You will remain an Australian […]
If you’re one of the thousands of backpackers that have temporarily worked in the UK, you could be owed a tax refund. There are so many reasons for why you may have been paying too much tax. If your employment didn’t stretch for the entire length of the UK tax year (6th April – […]
Did you know that if you’ve been earning and paying tax in the UK as a temporary resident on a UK working holiday you could be eligible to claim a tax refund? If you’re still based in the UK and have all the relevant documents to hand, you may find it easier than trying […]
Anyone who received an income that isn’t covered by PAYE (Pay As You Earn) will need to fill in a tax return form – and the online deadline of 31st January is fast approaching. In order to beat the rush, why not fill in your self-assessment form by the end of December and claim your […]