by Georgi Rollings | 28th January 2012 | Self assessment, Sole trader
Income tax for the tax year ended 5 April 2014 is due by 31 January 2015. Hopefully you have already filed your self assessment tax return and know exactly what you owe. However some people will have an unpleasant surprise – in addition to owing tax for the...
by Georgi Rollings | 10th December 2011 | PAYE
Do you know what your tax code is? For most people, their tax code is a meaningless string of digits. It is, however, very important, as it determines how much tax is deducted from your salary. It isn’t unusual for a tax code to be incorrect – millions...
by Georgi Rollings | 19th November 2011 | Self assessment, Sole trader
Do you need to file a self assessment tax return for the tax year ended 5 April 2015? HM Revenue & Customs will normally contact you in April if they think you need to complete a tax return. However they don’t always have all of the information, and you may...
by Admin | 13th November 2011 | Self assessment, Sole trader
Many thanks to Tammy Furey of Furey Coaching for this week’s excellent blog post. ’tis the season to be terrified, tra la la la la la la la la. In the UK, as we rocket towards the end of the month, the self assessment tax return deadline looms like a spectre on...
by Georgi Rollings | 5th November 2011 | PAYE, Self assessment, Sole trader, Start ups
One of the first things which is discussed in my free initial consultations is whether or not somebody has registered as self employed with the tax authorities. There are a number of reasons why people think they don’t have to: But I’m not taking any...