Category: Direct Tax

As more people work from home, understanding how to claim tax relief on home office expenses has become increasingly important. The UK tax system allows employees and self-employed individuals to claim relief on certain costs associated with working from home,...

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With the rise of remote and hybrid working in the UK, many employees and self-employed individuals are entitled to claim tax relief on expenses incurred while working from home. However, many miss out on these savings due to a lack...

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Marriage Allowance is a valuable tax benefit in the UK that allows eligible couples to save on their tax bill each year. By transferring a portion of the personal allowance from one spouse or civil partner to the other, couples...

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Child Benefit is a crucial financial support for many UK families, helping with the costs of raising children. While it is generally straightforward to claim Child Benefit through HMRC, high-income households may be subject to the High Income Child Benefit...

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Claiming allowable expenses is one of the most effective ways to reduce your taxable profit and overall tax bill if you’re self-employed or a sole trader in the UK. Understanding what counts as an allowable expense, how to calculate them,...

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Filing your UK tax return accurately is key to maximizing your tax refund and avoiding unnecessary delays. Many taxpayers inadvertently reduce their refunds by making common mistakes that could have been easily avoided with proper preparation and knowledge. This comprehensive...

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The United Kingdom’s departure from the European Union on 31 January 2020, and the end of the transition period on 31 December 2020, fundamentally changed the landscape for VAT and customs duties in the UK. For businesses that trade goods...

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Working abroad can be an exciting and rewarding experience, but it also introduces complexities when it comes to your UK tax obligations. Many individuals returning to the UK after an overseas assignment are unsure how to report foreign income on...

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Operating as a sole trader in the UK brings both flexibility and responsibility. One of the key responsibilities is filing an annual Self-Assessment tax return to report your income and pay the correct amount of tax and National Insurance. While...

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Selling a property in the UK can have significant tax implications, particularly when it comes to Capital Gains Tax (CGT). Whether you’ve sold a second home, a buy-to-let property, or land, it’s crucial to understand how to calculate, report, and...

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