Beneficial loan arrangements are a vital part of the financial landscape in the UK, particularly for employees who receive loans from their employers at reduced or zero interest rates. While... Read More
Author: Daisy
Self-Assessment in the UK is a process managed by HM Revenue and Customs (HMRC) that allows individuals and businesses to report their income and pay the right amount of tax.... Read More
Entrepreneurs' Relief, now known as Business Asset Disposal Relief (BADR), is a UK tax relief that allows business owners to pay a reduced Capital Gains Tax (CGT) rate of 10%... Read More
Class 1A National Insurance Contributions (NICs) in the UK are a type of employer's contribution paid on benefits in kind. Benefits in kind are non-cash perks or rewards given to... Read More
For taxpayers in the UK, especially those who are self-employed or have income outside traditional PAYE (Pay As You Earn) systems, the process of filing a self-assessment tax return can... Read More
The UK tax system can seem complex to the average taxpayer, especially when it comes to filing Self Assessment tax returns. Every year, individuals who are self-employed, earn income from... Read More