The UK’s second-ever Small Business Saturday is scheduled for 6 December and aims to cultivate a “shop local” attitude in the build-up to Christmas and beyond. The end goal? To channel foot traffic to the UK’s many, many small businesses and encourage a culture of entrepreneurship that lasts well into 2015.
With Freelancers’ Day fast approaching, we thought it would be the ideal time to offer tips and advice for those IT workers considering moving over into self-employment. Here are our top tips for making a success of your IT contracting career.
National Freelancers’ Day 19 November 2014
Did you know that you can receive up to £4,250 per annum in tax-free income by renting out a furnished room in your home?
So your time in the UK has come to an end and you’ve decided to pack your belongings and move back home. These three tips will take you safely home with money to spare.
Many permanent employees have access to health or medical cover as part of their employment package. But if you’re self-employed, can you (and should you) pay for things like healthcare insurance, gym memberships and medical expenses through your limited company?
Self Assessment websites that offer a simpler, easier way to enter your tax returns, but are they really that much better?
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.