The tax we pay is used by the UK government to pay for public services like the NHS and Schools and to fund other costs including the national debt and overseas aid. Some taxes are not easy to understand requiring more involvement by you or a professional to make sure you are only paying...
Thanks to pension tax relief, this way you sacrifice less of a share of your post-tax disposable income, while building up a bigger retirement pot. A fiscal drag The tax take from British workers has been rising for more than a decade. This was partly achieved by ‘fiscal drag’. Fiscal...
Finance Minister Rachel Reeves said Wednesday the "outdated concept of domicile" will be removed from the tax system from April 2025, and that it would be replaced by a new "internationally competitive" residence-based scheme. She also said temporary repatriation relief would be extended to three ...
The pessimism which has engulfed parts of corporate Britain since the Budget has taken senior Labour figures by surprise, and has thrown into sharp relief the triumphalism expressed by the new government after last month's International Investment Summit. ...
UK aircrew and airport workers Uniform rebates UK police rebates NHS and healthcare Business Vat Refunds Self Assessment Reclaim Your Tax Service Every year, thousands of UK employees miss out on £100′s worth of tax rebates by not claiming the correct tax relief’s available for ...
• All private school fees will include VAT from January, business tax relief to be removed from private schools in April • Windfall tax on oil and gas profits to increase to 38% • An increase on employers' national insurance - but they did not say by how much before the...
Czech tax non-resident: A Czech tax non-resident can only claim the basic taxpayer relief per month. Czech tax non-residents can claim other tax benefits only if they have received more than 90% of their income from sources in the Czech Republic, and this is possible only via filing a ...
In spite of the endless scare stories in the right wing media about drastic changes to pensions, ISAs and allowances, we should all breathe a sigh of relief. The Budget was well crafted given the horrific economic legacy of the last Government, and the impact on those seeking FIRE will be...
Medical/NHS Tax Rebate Medical/NHS staff can claim a tax rebate for travel expenses and various uniform costs such as laundry. You can go back for four years, and the average rebate is over £2,500! Get your rebate IT Contractor Tax Rebate ...
Hunt’s stated intention is to dissuade older, better-paid workers from retiring, especially senior staff in the hard-pressed NHS. However, his critics, led by Labour, accuse him of revising the pensions system to benefit the rich, not least in minimising inheritance taxes. Certainly, people w...