Can you claim tax back from last year? If you're employed and making a tax rebate claim under PAYE, you can claim back overpaid tax for the last four tax years. This used to be six tax years, but was changed HMRC to just four years. For example if the current tax year is the 20...
If you work full-time, you’re on the government’s PAYE system. This takes tax at source from your employer and allows them to pay you. But Income Tax on a second job needs to be factored in too. It’s the law – no one can escape it, whether you’re just starting out or ...
Completing your Self Assessment can be daunting. Read this guide on submitting a tax return for sole traders or self-employed and learn all you need to know.
If it's a tax residency error, you will need to set up a telephonic or in-person appointment with SARS to get them to update their records so that you can submit your tax returns again.If you are still unsure about what to do, please contact our helpdesk for assistance....
In business, any edge can help you get ahead. It’s not always easy to know everything you should all at once. By understanding how to claim your mileage from the HMRC, you are one step closer to getting the most out of your tax rebate. Utilizing a reliablemileage tracker app, such ...
If you're struggling to get back on your feet financially, it may be helpful to seek the advice of a financial professional. This could be a financial planner, accountant, or credit counsellor. A professional can help you assess your financial situation, create a p...
The death tax, is it good or bad? From my perspective, the death tax is bad. Death tax does not make any sense; the dead people do not get any...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can...
If you’ve worked for two or more employers throughout the year, and all of them have withheld PAYE (Pay As You Earn) from the salary that they’ve paid you, it is highly likely that you’ve underpaid tax to SARS for the year. You can read more about this here....
Of course, if you get loans at higher interest rates — PLUS loans or private loans, for example — or take longer to pay back your loans, you’ll pay even more in interest. None of this is to say that youshouldn’ttake out federal student loans. It’s just that you need to be ...
Back to the basics. What financial goal are you trying to achieve? Is it a long-term or short-term goal? During periods of financial turbulence, it is hard not to focus on immediate needs at the expense of long-term goals. You need to avoid the temptations o...