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15 Nov 22

Do I need to complete a Tax Return?

Do I need to complete a tax return? As we come into peak season for people submitting their self-assessment tax returns before the deadline of 31st January, this is a question we get asked a lot. You will normally need to do a return if one or more of the…
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08 Nov 22

Marriage Allowance – who said romance was dead?

https://www.youtube.com/watch?v=R8AZbePHdEQ&t=9s Marriage Allowance – who said romance was dead? Love, Romance…tax relief Ok, so you maybe wouldn’t declare tax relief as being one of your reasons to get down on one knee or accepting a proposal, but once you are married you maybe entitled to tax relief. The marriage allowance…
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20 Oct 22

Was there even an Emergency Budget?

We posted a few weeks ago our budget report following the announcements made as part of the Emergency or “mini” budget – but given the unravelling of the announcements over those subsequent weeks, it has us wondering whether it even happened! We do know there will be another budget mid…
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12 Jul 22

What is a tax code?

What is a tax code? Tax codes are applied to income where tax is deducted at source such as employments and pension to calculate the amount of income tax that should be calculated on the amount payable to you. If your only source of income is subject to tax deducted…
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person filling out a paper tax return form
29 Jun 22

Payment on Account – what does it mean?

What are payments on account for tax? With the filing of personal tax returns in full flow, a question that often comes up is – what are payments on accounts and why do I need to pay them? We’ve broken this down below… When you complete a personal tax return,…
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