Are you eligible for a Tax Refund? If you can answer YES to any of these questions, there’s a good chance you could be due a tax refund. In the last 6 years have you… Had more than one job in the same tax year? Paid subscriptions to a professional…
Who must file a Tax Return?
Don’t get caught out by the HMRC The following provides information on who has to file a Tax Return Employed Working through the Construction Industry Scheme (CIS) A Director of a Limited Company A higher income earner (fall in the 40% tax band) Receive income from land or property in…
The benefits of becoming a Limited Company
If you’re trying to decide if the Limited company route is right for you, here are some of the benefits on offer… Tax savings By becoming a limited company you are more than likely going to pay less personal tax than a sole trader. By taking a small salary plus…
Starting up a new business?
If you are starting a business, particularly if you haven’t been in business before, you are likely to be full of questions: What structure should I use? Do I need a Limited Company? What types of expenses can I claim? What records do I need to keep? How much money…