What is Adjusted Net Income?
In simple words, we can call the adjusted net income the total taxable income. The money you are earning from freelancing along with rental income...
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What is Sales Ledger Control Account?
When it comes to trading control, the sales ledger control account is always connected to the discussion as it plays a vital role in getting...
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How Do I Claim a CIS Refund?
Are you a resident of the UK looking for a possible way that can help you to claim a CIS refund? If yes, you are...
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What is a Nominal Ledger in Accounting?
In simple words, the nominal ledger refers to a kind of electrical file used to keep a record of all the transactions that are being...
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What is Employment Allowance?
The new business owners are more and more inclined towards the employment allowance and how to maximise the benefits by getting eligibility for this allowance....
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How Do I Claim VAT Relief for Disabled?
If you are a resident of the UK and you are dealing with a disability, in general people pay VAT on the purchasing of goods...
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How to Calculate Payroll Manually?
Doing the payroll manually explains that the whole procedure of the payroll will be handled by hand details. Whereas in the case of the in-house...
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What is Save as You Earn?
The main purpose of the SAYE (save as you earn plan) is to enable the employees to get the savings on and buy shares from...
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How to Check Car Tax?
If you own a vehicle in the UK that you might use for personal use or for multiple factors, you must be aware of the...
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How to Claim Working Tax Credit?
Due to the fact that the universal credit has replaced the tax credits, people have started to make new claims to get the most benefits...
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How to Renew Child Tax Credit?
If you have a child while residing in the UK, you must be aware of the benefits you can avail of by claiming child tax...
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How Do I Pay Inheritance Tax to HMRC?
If you are associated with large estates, you must know that a small percentage of these estates are large enough that they can actually incur...
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Do I Report Capital Gains on My Tax Return?
There are several beginners who are confused about how to handle reporting capital gains on my tax return, so it is imperative to involve a...
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How to Appeal an HMRC Self Assessment Penalty?
Are you worried about the notice received from HMRC that is a penalty of self-assessment or any tax fine is charged to you? You do...
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Teacher Tax Rebate – What is it and How to Claim it?
This is quite famous among the individuals who belong to the field of teaching in the UK they spend a lot of money from their...
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What are the Tax Implications of Earning Over £100K?
If you are that one individual in the UK who is earning more than the limit of figure £100k, the first benefit that you will...
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What is UK Film Tax Relief and How Do I Claim?
We all have seen the rise in growth of the industry especially when it comes to entertainment. This brings in the need for growth for...
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What are the Tax Deductions of Exotic Dancer in the UK?
Are you a self-employed exotic dancer who is worried about the tax deduction in the UK for offering the services? Well, the good news for...
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Can I Change My Tax Code Online?
Most of us may come across a point in life where we begin thinking about how to change the tax code after witching the job...
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Do Foreign Entertainers and Sportsperson Pay Withholding Tax?
Many people in the UK who are taxpayers believe that withholding tax is just similar to tax evasion. You will wonder to hear but this...
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