Category: Tax
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What is Income Tax and How Does Income Tax Work?
- 13 May 2021
- 5 minutes read
In the United Kingdom, income tax is the most common form of direct personal taxation. It is calculated as a...
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Difference between an accountant and tax advisor
- 23 Apr 2021
- 5 minutes read
If you tend to lump accountants and tax advisors into a single frame, then you are not alone, as many...
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What is a Personal Tax Account?
- 06 Apr 2021
- 7 minutes read
Having a robust tax system is essential for a functioning economy. Paying taxes and submitting tax returns is not always...
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How to choose your tax advisor
- 23 Mar 2021
- 6 minutes read
Tax advisor: As a business owner, you will almost certainly end up taking on a number of daily tasks within...
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Top 25 Small Business Tax Deductions
- 26 Feb 2021
- 6 minutes read
Usually, the business owner wants to save money – and small business tax deductions are the best way to do...
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Funniest Excuses for Not Filing a Tax Return on Time
- 05 Feb 2021
- 5 minutes read
The deadline for UK self-assessment tax returns is banging on the door and with it the usual excuses. The self-assessment...
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How to Submit Self-Assessment Tax Return
- 04 Feb 2021
- 7 minutes read
In case you are a higher rate taxpayer or have income from some other sources, you will probably have to file...
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Self-Employment Income Support Scheme (SEISS)
- 13 Jan 2021
- 6 minutes read
The COVID-19 outbreak is having far-reaching financial impacts on individuals and businesses across the UK and the world. The Government...
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