If you’re employed or receive a pension, your employer or pension provider uses your tax code to determine how much tax to take from you. This is standard practice and the way things have always worked. However, what many of you may not know is that you could still potentially be paying too much in taxes. What’s worrisome about this is that this is a...
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It's everyone's goal to get the most out of their tax return as possible. As the years go by and financial needs change, tax returns in the United Kingdom have become more complex, and many people are experiencing significant delays in receiving tax refunds from the HMRC. There are many reasons behind a delayed tax refund, but oftentimes, it is due to mistakes that could have...
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The Ultimate Guide to Business Tax For Tradespeople Tax can seem like a massive drag. Let’s face it, nobody enjoys paying money to HMRC. Here is our guide to make Tax as understandable as possible, leaving you time to run your business. In this article we’ll take a look at: Income Tax PAYE National Insurance Corporation Tax VAT Business Rates Income Tax What is Income Tax? This is a tax...
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