News,May 2018

different ways to pay a tax return

Are There Different Ways to Pay a Tax Return?

03/11/2022tax

There are different ways to pay a tax return depending on the job type and wage payment mode your employer uses. HMRC provides different modes of payment to pay tax returns. If you have no idea how you can pay your tax returns and income tax, we have got you covered. In this article, we …

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calculate tax on dividends

Calculating Your Dividend Tax Bill

02/11/2022tax , Tax Issues , Taxation

Calculating Tax on Dividends might be confusing and you can commit an error in the calculation of tax on dividend income. Income taxes are relatively easier to calculate. On the other hand, dividend income brings a lot of confusion when it comes to paying taxes on them. Dividend income is an additional source of income. …

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splitting rental income for tax purposes

How is Rental Income Taxed on Jointly Owned Property?

11/10/2022tax , Tax Issues

In the case of properties where there is the involvement of multiple owners is observed, there will come certain expectations from HMRC. This will make each partner liable for paying tax on the amount of income they share, file for the self-assessment tax returns separately, and maintain the records. People find splitting rental income for …

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tax on my treehouse

Do I Pay Tax on My Treehouse?

29/09/2022tax

Being pleased by the nature is an innate ability of human psychology and we will not deny that. How about having leisure time in the comfort of the house with the placement of a treehouse in your garden? Sounds fun right? Through such activities, you get a break from the routine and get a chance …

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