Claiming Tax Refund from HMRC
HMRC work hard every year to collect the right amount of tax from UK based businesses and employees. So, when you call and try claiming tax back, HMRC does not give it up easily. That being [...]
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Do I Need a PAYE Scheme?
What PAYE means? Pay As You Earn (PAYE) is the system that enables us to pay our income tax and national insurance to HMRC. If you’re an employee, then this will almost certainly be taken [...]
Land and Buildings Transaction Tax (LBTT)
What do you mean by Land and Buildings Transaction Tax (LBTT)? When you buy a piece of land or residential property in Scotland, having value of more than £145,000 for first homes and more than [...]
Land Transaction Tax
What is Land Transaction Tax (LTT)? When you buy a residential property or a piece of land in Wales, having value of more than £180,000 for buying first homes & more than £40,000 for buying second [...]
Stamp Duty Land Tax
What is Stamp Duty Land Tax (SDLT)? Stamp duty land tax is the tax paid when you buy piece of land or residential property having value of more than £125,000 buying first home and £40,000 [...]
Landlord Self-Assessment Tax Return
Self-Assessment Tax Return for Landlords If you are earning money by renting out a property, you may not consider yourself as a self-employed person or a small business owner but HMRC does. Every [...]
UTR Number (Unique Taxpayer Reference Number)
What is a UTR number? UTR stands for Unique Taxpayer Reference Number. UTR number is a unique 10 digit number allotted by HMRC to give unique identification to the taxpayers and their tax records. [...]
IR35 Off Payroll Working Rules
Understanding the IR35 Off Payroll Working Rules The off-payroll working rules are designed by HRMC in order to identify the employment status of an individual as an employee or a self-employed [...]
Tell Us Once Service to Report a Death to HMRC
Tell Us Once Service Tell us once is a service used to report death of an individual to most of the government organisations in one go. At the time of death registration, the registrar will provide [...]
Claim New Year Party Expenses
Claim Your Office New Year Party Expenses as a Business Expense Whether you are planning New Year party for your office staff? Whether you want to arrange some great stuff like food, drinks and [...]
