If you’re yet to claim back your overpaid tax, you could be due a substantial amount of money. There are two ways to claim a tax refund: you can do it yourself through HMRC, or you can enlist the help of a reputable tax refund agency.
The new tax year is underway, so it’s the perfect time to claim back the tax you’re owed. From now until the end of June, 1st Contact Tax Refunds will be running a fantastic promo to reward one lucky client with double their tax refund.
Millions of Pounds of tax go unclaimed in the UK every year, mostly due to people misunderstanding the tax refund process. Here are the five most common reasons why people, year on year, fail to claim their tax back.
It’s a new tax year, so it’s time to start claiming back your overpaid tax. We’ve put together a neat infographic to show you two expats’ journeys to claiming a tax refund – one with an agency, the other on his own.
In his recent Budget Speech, George Osborne had some good news for UK residents: the Income Tax Personal Allowance will rise to £10,000 on 6 April 2014, and to £10,500 on April 6 2015.
When you apply for a tax refund, you’ll need certain forms in order for everything to run smoothly. These UK tax forms are usually given to you by your employer or sent to HMRC , depending on your circumstances. Here you’ll find a quick guide to forms P45, P60 and P11D.
HMRC has again issued a warning to UK residents to beware of phishing emails pretending to be from HMRC. By responding to this type of email, you risk opening your bank account to fraudsters and organised criminal gangs.
The 2014 Budget Speech took place just a few hours ago, and with it came a string of forecasts for the year ahead. Our Accounting team have unpacked the contents of Chancellor Osborne’s red briefcase to see how today’s speech affects you.
As we approach the end of the financial year, we’ve put together a handy list of important financial dates in 2014 for you to diarise.
Inland Revenue holds over three million Pounds in unclaimed tax every year, most of it meant for people who assume they aren’t eligible for a tax refund. If you can answer yes to any of the questions below, there’s a good chance you’re due a tax refund.
The Tax Credits Order 2014 is draft legislation currently up for review in parliament. In a nutshell, it’s an amendment concerning when HMRC should accept a late tax submission appeal as being on time.
Getting on the London property ladder might seem like a pipe dream, but some decent planning will put you well on your way to owning a home in the capital.
A tax rebate may feel like a bonus, but it’s important to remember that it’s still your money. Here are seven (responsible) ways to spend your tax refund.
HMRC has issued a stern warning to both small and big-time tax evaders: “If you have any income you haven’t told us about, you need to declare it before we catch you.”
The HMRC is planning to close all 281 of its walk-in tax enquiry offices in May 2014, replacing them with a telephone service and “mobile advisers”.
We look at Payscale, Market Week, Marketing Week and Michael Page salary surveys to investigate the top six factors that that influence salaries in the UK.
Many expats find umbrella companies appealing because they offer a fixed-fee service that’s payable only when used. But employment like this is not without contention. 1st Contact dispels five myths surrounding umbrella companies.
Over the past twelve months, half a million new businesses were established in the UK alone. If you’re thinking of setting up a limited company, the following list of dos and don’ts will help you avoid the common mistakes that many startups make.
It’s easy to get caught up in your work-from-home world. If you’re a freelancer falling prey to cabin fever, strip off that onesie, comb your hair and get out there! There are plenty of coffee shops and collaborative spaces in London that will see you getting your work done in no time.