Category: Tax Refunds

A Guide to Self-Assessments

If you’re self-employed or undertake freelance work, you are responsible for paying your tax directly to HMRC. Typically, if you’re employed, your employer will do this on your behalf, but if you work for yourself, you need to do it yourself. We are self-assessment tax return experts and have extensive experience in helping our clients…

Read more

A Guide to Tax Rebates

If you pay tax, there’s every chance you may be due a rebate. Many people, especially those who are self-employed and complete a self-assessment, don’t realise how much money they could be owed and what they can claim back through expenses. You could be entitled to thousands of pounds, but in order to get what…

Read more

Motor expense guide for the self-employed

What are allowable expenses? If you’re travelling exclusively for business purposes, you can claim your motor expenses as “allowable expenses”. Although it doesn’t include if: You travel between just your home and your permanent workplace Private travel How do you calculate your motor expenses? If you don’t have receipts for all your travel, then you…

Read more

Find A Lost National Insurance Number

If you live in the UK, you should automatically get a National Insurance (NI) number just before your 16th birthday. HM Revenue & Customs no longer issues plastic NI cards. If you have lost or forgotten your NI number, you can find it on your payslip, P60, or any letters sent to you by HMRC…

Read more

Thinking Of Forming A Limited Company?

Here, we highlight 10 of the biggest benefits a limited company gives you over working as self-employed; Starting up as a sole trader is without doubt the simplest way to start a business in the UK. All you need to do is inform HMRC that you are working as ‘self employed’, and account for your business…

Read more

Time is running out to claim your 2014 refund

If you’ve not yet claimed your 2013/14 tax refund, time is running out! You only have until 6th April 2018 to claim your refund or it will be lost forever. Thousands miss out on tax refunds each year Most self-employed or subcontracting workers in the construction industry are owed a tax refund every year due…

Read more