by Gareth Thomas | Dec 7, 2024 | Accounting, Business, Finance, Taxes
If you pay tax through PAYE, you might not think much about Self Assessment. But if you have other sources of income—like property, investments, or self-employment—you could still need to file a Self Assessment tax return. The good news? Filing early could make paying...
by Gareth Thomas | Oct 7, 2024 | Accounting, Business, Taxes
If everything works as it should, the tax collected through PAYE should match the tax you owe for the year. But in reality, this doesn’t always happen. A change in your tax code or using the wrong one can lead to overpaying or underpaying tax. If you’ve paid too much,...
by Megan Wellman | Jan 21, 2022 | Accounting, Employment, Finance, JDA News, Taxes
Does CIS apply to practical problems on submission penalties? The Construction Industry Scheme (CIS) requires registration of anyone who works in that industry, be that a sole trader or a company. The registration rule includes the largest of businesses if that...
by Jon Davies | Apr 26, 2018 | Taxes
Last year, 6.7 million people had the wrong tax code and, therefore, had the wrong tax taken from their salaries. There are 40 million employees in the UK, so it is a minority……but that’s no consolation if you’re one of those 6.7 million. Why might you be...
