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Marriage Tax

Did you know that if you are married or you are in a civil partnership, there’s a possibility that you’re entitled to the marriage tax refund or allowance? In fact, you can get as much as £1,220 if you backdate for about four years or so.  This is too good to miss, and, surprisingly, many couples are missing out on this tax perk.  In this post, we...

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If you are employed in the UK and are under 65 , your employer will provide a tax code to calculate how much tax gets deducted from your wage. If you are a pensioner, your pension provider uses a tax code to determine your income tax deduction. But what even is a tax code? Why should you always check it?  In this article, we discuss the...

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Since March 2021, the domestic reverse-charge VAT scheme has been applied to most supplies of building and construction businesses.  However, much like the several delays in this application, the HMRC's VAT repayments are also delayed due to COVID-19. Refunds often take longer instead of making it into the businesses' bank accounts within the 30-day deadline. This article will run you through everything you need to know about...

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tax

If you're a teacher in the UK, you may be due a tax refund from HMRC. Amongst other things, you could claim professional body membership fees, specialist clothing, equipment and the use of your car for work purposes. Who is Eligible? Every elementary and secondary school teacher Lecturers Higher Educational Professionals Teaching assistants Because this list is incomplete, it is always worth checking to see whether you...

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If you are an employee who pays for business-related travel expenses that your employer does not reimburse, you may be eligible for tax relief.  It's critical to realise that the regulations governing which travel costs are eligible for tax relief are fairly stringent. The charges of 'ordinary commuting,' or the travel between an employee's home and a permanent office, usually are not eligible for tax relief....

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couple

If you are a wedded couple, you might not know about your marriage allowance. First introduced in April 2015, it basically allows for the sharing of your personal allowance with your partner. Claims for the marriage allowance can be backdated for up to four years, so you can try to get your refund today. If you want to learn more about what a marriage allowance is...

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If you have found yourself in the fortunate position to be able to turn your talents into a trade, it could become the beginning of something wonderful. Don't let the only thing stopping you be a sketchy understanding of self-employment rules. The fact that it is all down to you to stay compliant with HMRC can be a daunting prospect after all; any mistakes, omissions...

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New Law On School Uniform Costs And Affordability​ Under a new law passed by Parliament on 29 April 2021, school uniforms are to be made more affordable for families. The Act will require schools to follow new statutory guidance on uniform costs, instructing them to keep prices down. The cross-party support for the Bill recognised the costs parents face for school uniform, in particular branded items, and...

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