Welcome to our beginner’s guide on tax ID numbers. Whether you’re a new employee, a business owner, or someone navigating the complex world of taxes, understanding what a tax ID […]
How to Amend Self Assessment? | Essential Tips
Welcome to our comprehensive guide on how to effectively amend your self assessment tax return. Whether you need to update your tax return, correct errors, or revise your self evaluation, […]
How to Claim Back Mileage From HMRC? | A Business Guide
If you use your own vehicle for business purposes, you may be eligible to claim back mileage expenses from HMRC. The process of claiming mileage reimbursement involves understanding the rules […]
What is VAT Exemption? | A Complete Overview
Value Added Tax (VAT) is a consumption tax levied on goods and services in the UK. However, certain goods and services are exempt from VAT, which means that no VAT […]
Unincorporated Business Tax | What You Need to Know?
Welcome to our guide on unincorporated business tax in the United Kingdom. In this article, we will explore the key aspects of this tax that every self-employed individual, sole trader, […]
Companies House Late Filing Penalties | How to Avoid?
Late filing with Companies House can have serious implications for businesses. It is a legal requirement for all companies, regardless of their size or nature of business, to file their […]
How to Work Out Tax and NI Contributions? | Tax Calculator
If you’re wondering how to work out tax and NI contributions, a tax calculator can be a useful tool. The HMRC tax calculator allows you to estimate your income tax […]
What is an SA302? | A Tax Calculation Form
In the realm of UK tax, the SA302 form holds a pivotal role. Essentially, it is a document issued by HM Revenue and Customs (HMRC) that provides a summary of […]
Stamp Duty for a Limited Company in UK | Key Considerations
Stamp Duty Land Tax (SDLT) is a tax levied on property and land transactions in the UK, including those involving limited companies. Understanding how SDLT applies to limited companies is […]
How to Claim Self Employment on Taxes?
When you’re self-employed, it’s important to understand how to claim self-employment on your taxes in order to maximize your deductions and take advantage of tax credits. You might be wondering: […]