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.
If you’re new to the UK or planning to move there, chances are you’re going to need a job – and soon. Here are five steps to find the perfect job using 1st Contact.
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.