business
How long does it take to do a self assessment tax return?
The answer is usually somewhere between 5 days and 8 weeks, depending on a number of factors including the system involved (for example by PAYE or Self As...
Category: Business
business
How do you calculate a chargeable event gain on full surrender of an investment bond?
Full surrender The overall gain is calculated by adding the surrender value you receive to the value of all previous withdrawals you have taken, then dedu...
business
How much do you pay an au pair UK?
They’re treated as a member of the family they live with and get ‘pocket money’ instead – usually at least £90 a week. Au pairs may have to pay Income Tax...
business
What information goes on a P11D?
P11D checklist Your employee’s name, National Insurance Number, date of birth and gender. The precise details of the benefit that has been made eg. the li...
business
Why dual citizenship should not be allowed?
Drawbacks of being a dual citizen include the potential for double taxation, the long and expensive process for obtaining dual citizenship, and the fact t...
business
Can you get fuel benefit without company?
With a fuel card without a company car, the tax authorities will look at the actual use. In that case, the benefit to be given is equal to the cost price ...
business
Are employment tribunal records public?
Most hearings in the employment tribunal are held in public, which means that the press and members of the public are free to attend and listen to the evi...
business
Is state pension taxed on a receipts basis?
The law and guidance Although many pensioners assume that the state pension is received tax free, Taxation readers know otherwise. Unlike most other sourc...
business
How is full time pay calculated?
Multiply your estimated weeks of work by your weekly pay. For instance, if you work 40 weeks out of the year and make $240 per week, you would earn $240 *...
business
How can a company avoid UK tax?
Here are our top 15 tips on how to reduce corporation tax: Claim R&D tax relief. Don’t miss deadlines. Invest in plant & machinery. Capital allowa...
business
What does it mean to abolish income tax?
Abolishing income tax means that people are able to work for themselves 100% of the time and therefore this increases individual incentive to work. What i...
business
Is a British passport holder a British citizen?
Contrary to popular belief, you are not automatically a British citizenship just because you’re born in the UK. Having a British passport doesn’t mean you...
business
Does marriage allowance affect spouse visa?
Re: Marriage Allowance & Public Fund! Marriage allowance is NOT public fund and is allowed. Suggest you concentrate on getting your spouse’s visitor v...
