Category: Taxes UK

how to file income taxes online

You can quickly calculate your income tax without going through the hassle of an entire tax return. This will allow you to determine if you...

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An overdraft occurs when money is withdrawn from a bank account and the available balance goes below zero. In this situation the account is said...

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Contractors The definition of a contractor is a person who pays sub-contractors to provide services for the construction or building industries. Also you are a...

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Employment is a relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation,...

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A tax haven is a jurisdiction that has a low rate of tax or does not levy a tax as well as offers some degree...

employee self assessment

Self-employment is the state of working for oneself rather than an employer. Generally, tax authorities will view a person as self-employed if the person chooses...

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Corporate tax is imposed in the United States at the federal, most state, and some local levels on the income of entities treated for tax...

when are tax returns filed?

In the United States, Tax Day is a colloquial term for the day on which individual income tax returns are due to the federal government....

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Cheap Accountants Luton – Whats on Offer Online?   Cheap accountants Luton, Bedfordshire are available to work with you online wherever your location. Register your interest...

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Tax exemption is a monetary exemption which reduces taxable income. Tax exempt status can provide complete relief from taxes, reduced rates, or tax on only...

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Duty-free shops (or stores) are retail outlets that are exempt from the payment of certain local or national taxes and duties, on the requirement that...

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The income tax threshold is the income level at which a person begins paying income taxes. The income tax threshold equates to the: Personal allowance...

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A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of general consumption tax that is collected...

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A tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total they...

How to Submit Your Tax Return Online

A brief video explaining the registration and submission process when using the HMRC Online Services to complete your tax return. This video was produced in...

Sole Trader Tax Return

Sole Trader Tax Return -Getting Prepared For Tax Time Sole trader tax return tips are given below in this article. Now that you have started...

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Are you confused about how to get a tax refund in an organised way? The emergence of advanced technology has made our lives smoother than...

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If you are one who finds it the ever-toughest job to work over numbers then you must have been through brain-storming sessions while calculating a...

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IRS tax forms are used for taxpayers and tax-exempt organizations to report financial information to the Internal Revenue Service (IRS) of the United States. They...

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Tax evasion is the illegal evasion of taxes by individuals, corporations, and trusts. Tax evasion often entails taxpayers deliberately misrepresenting the true state of their...

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A duty refund or duty discount is a refund on fees when the taxes liability is significantly less than the fees paid. Taxpayers could get...

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Refund anticipation loan (RAL) is a short-term consumer loan in the United States provided by a third party against an expected tax refund for the...

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A withholding tax, also called a retention tax, is an income tax to be paid to the government by the payer of the income rather...

Best Tax Preparation Services Help

Best Tax Preparation Services – Avoid These Errors To Help You Best tax preparation services can help you if you want a tax professional to...

individual tax return 2018

The tax levied on an individual’s or corporation’s income is known as income tax, which is a direct tax. Individuals are taxed on their total...