You can unwrap your Christmas presents without having to tell HMRC about your hundredth pair of stripey socks, and you generally don’t have to worry about paying taxes on them. The guidelines may be a little more intricate if you’re: In certain situations, you may be responsible for paying taxes or National Insurance (NI); however, […]
If you’ve ever looked at your payslip and wondered what your tax code means, you’re not alone. For many, it’s easy to overlook these details. However, understanding your tax code can help ensure that you’re paying the correct amount of tax and that you’re benefiting from any available tax relief. In this guide, we’ll break […]
What is a P45 form and what is included in it At the end of an employee’s tenure, their employer provides them with a P45 form, which serves as an official document. The employee’s tax code, gross pay, amount of tax paid, and the employer’s particulars is included in P45 form. This document has comprehensive […]
Usually when we look for ‘accountants near me’ we need to look at a list to count on. Professional accountants near me HMRC has allowed you to authorise an agent as your accountant but those accountants needs to be professional and qualified or a tax adviser as per HMRC guidelines. Less Number of choices We […]
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