Claim Christmas Party Expenses
How to Claim Your Christmas Party Expenses as a Business Expense? Christmas festival is celebrated annually with happiness in many countries of the world and Christmas parties are considered as one [...]
Blog
Christmas Bonus
Overview of Christmas Bonus Christmas bonus is basically a tax free payment of £10 made before Christmas to those people who get certain benefits in the qualifying week (generally in the first week [...]
Self Assessment on Limited Company Dividend Income
Limited Company Dividend Income Income earned from dividend is taxed differently in comparison to the salaried income and it is declared through annual self-assessment process. Different companies [...]
Changing from Sole Trader to Limited Company
How to Change from Sole Trader to Limited Company? Many individuals working as a sole trader in the past shifted from sole trading business to a limited company but there is some reason attached to [...]
Pay Self-Assessment Tax Bill
How to Pay your Self-Assessment Tax Bill? Self-Assessment Tax Bill Payment Deadline The deadline for paying taxes to HMRC online for financial year 2019-20 is 31st January 2020. In order to avoid [...]
Self-Assessment: Expenses You Can Claim Back as an Employee
10 Expenses that you can claim on your Self-Assessment form We work and we spend while working in the company. As an employee, there are many expenses which you can claim on your self-assessment form [...]
U1 Form: When, Where and How to obtain U1 Form in UK?
What is U1 Form? U1 Form is submitted by an individual in order to verify periods of insurance & employment or unemployment in an EU country. It is used to avail unemployment benefits in the new [...]
VAT Number: Check for EU & UK Companies VAT Number
What is VAT Registration Number or VAT Number? It is a unique number issued to the business for the purpose of VAT payment. VAT number is mentioned on the VAT certificates issued to businesses by [...]
Taxes on Money Transferred to UK from Foreign Country
It is very easy to pay tax on income if you are earning only from UK and not from any other country of the world whereas it is considered that an individual may face difficulty in paying UK tax in [...]
