Tax back news

Never assume HMRC is always accurate

 There is no doubt that HM Revenue & Customs (HMRC) does a great job on the whole. The organisation, which was formed in April 2005 following the merger of Inland Revenue and HM Customs and Excise Departments, collects and administers a rang...

It may not be too late to claim back tax

While HM Revenue & Customs does its best to ensure that people pay the right amounts of cash, it cannot achieve 100 per cent accuracy and sometimes individuals end up losing out on money unfairly. This is no great surprise when you take into acco...

Freelance Tax Tips

To be a freelancer is to have a given talent for something so specific that you’re able to specialise in it and offer your services accordingly. Aside from those lucky people in the financial sector, the majority of freelancers are forced into ...

Have You Had a Tax Refund Email?

If you've had an email purporting to be from HM Revenue & Customs (HMRC), inviting you to apply for a tax refund, you're far from alone. Hundreds of thousands of these messages have been sent, flooding the Internet. But, authentic though they may...

Do you know what taxes are taken from your salary?

Every employee in the UK, who earns over a set minimum amount, pays taxes, yet many do not know exactly how much should be deducted from their wages and what the money is going towards. It is important that you are aware of how much money is being...

Are you prepared for the VAT rise?

Whether you run a business or are simply a consumer, you are likely to be affected by the impending increase in VAT in Jan 2011. For this reason it is vital that you have access to a tax calculator so you know what to expect. As of the beginnin...