Tax back news

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 ...

Could You Be Eligible To Claim Tax Back?

There are many reasons why you may have overpaid tax to HMRC (Her Majesty's Revenue and Customs), making you eligible to claim tax back. For example, you may have been given the wrong tax code, your employer may have deducted your tax incorrectly...

Do You Have the Right Tax Code?

During the summer of 2010, thousands of workers in Scotland were given the wrong tax codes following a computer error. Some were wrongly put into a higher tax bracket. This led them with pay packets up to £700 short. Given that HMRC issues ...

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...

Claiming Tax Back is not Difficult

You may well think you are due a tax refund but not have sought to address the issue yet because you believe the process will be too complicated. After all, dealing with matters like this does not fall under most people's experience and on the fac...