More than one million people in the UK will see a pay increase of as much as £355 a year once the new minimum wage (NMW) is introduced on 1 October 2014.
If you’ve just arrived in the UK, take 10 minutes to familiarise yourself with the scams doing the rounds at the moment. These are often targeted at second-language English speakers, many of whom are unaware of the tips and tricks to avoid being scammed.
At 1st Contact Tax Refunds, we like to take a break from the norm and showcase the lighter side of business matters. Tax may have been around since ancient times, but it’s not without it’s fair share of oddities. Here are seven unusual taxes imposed through the ages.
The UK is looking to clamp down on the benefits received by temporary migrants. If the Treasury’s proposal goes through, temporary workers from outside the UK will no longer receive their £10,000 tax-free personal allowance.
One in three people are due a tax refund, yet millions of Pounds lie unclaimed at HMRC. One of the reasons people don’t claim is because they believe their misplaced documents disqualify them from a tax refund. The truth is, locating your lost tax forms is the easiest trick of all.
If you’re a nurse, midwife, doctor, dentist or other professional working in the UK’s healthcare industry, you could be due a professional tax rebate. Here’s how to check if you’re eligible.
Tax terminology has a reputation for being complicated, but it’s easy to digest once you speak the language. Start off by using our tax refund jargon buster, designed to remove the stress of your annual tax return.
If you’re the director of a limited company, you could be missing out on vital tax relief. Here we explain some of the different allowances available to you, and how you can take advantage of them to reduce your tax bill.
Does the thought of claiming a tax refund feel similar to slamming a mallet down onto the tenderest part of your thumb? It really doesn’t have to be that way, especially if you’re contracting in the UK’s construction sector.
We’re pleased to announce that the winner of our ‘Double your tax refund’ competition is Stephen Norton Pearce of Wiltshire. Congratulations, Stephen!
The Cheshire East Council is warning residents not to fall prey to a new email phishing scam. Several residents have reported receiving an email from REFUND@direct.gov.uk, claiming that they are eligible for a council tax refund. The email requests bank, credit card and password details, and is worded in such a way that it implies […]
HMRC has released the figures for their reviews of – and appeals against – tax decisions from 1 April 2013 to 31 March 2014. These findings support the assertion that when it comes to challenging HMRC, the odds are stacked against you.
Football players might have a flair for the melodramatic, but there’s nothing wrong with the game itself. We’ve unpacked five unexpected life lessons from the beautiful game, and show you how they’ll help you as a contractor.
HMRC is not particularly popular at the moment, having undercharged an estimated 3.5 million Britons in Pay As You Earn (PAYE) taxes last year. Now, the notorious PAYE debacle of 2013 has finally caught up to them, and it’s only a matter of time before HMRC takes back the tax they’re still owed.
So you’ve got your visa and a seat on a plane to the UK, congratulations! You’re about to embark on an exciting adventure. At this point, you’re probably feeling some anxiety at the thought of moving to a foreign country and starting a new life. Fear not. Here are our ten tips for finding your feet […]
By submitting a claim between now and the end of June 2014, one lucky 1st Contact Tax Refunds client will win double their tax refund. Good luck!
There are a number of online scams doing the rounds at the moment, including some that claim to be from the Home Office itself. Here are seven rules to follow to protect yourself from online scams.
Since 1996, we’ve registered over 100,000 contractors with our umbrella payroll services. That makes us the old kid on the block – a competitive player in the UK umbrella industry, with a fully compliant, tax-efficient payroll structure that’s been around for 18 years. Here’s why it pays to go umbrella.
Starting a limited company in the UK has never been this easy. 1st Contact Accounting now offers an entirely three-step service for setting up your limited company. It’s quick, it’s easy, and best of all – it’s free.
If you are holding money in offshore accounts, it’s essential that you fully declare these accounts to HMRC to avoid crippling fines and possible prison time.