CWF1 Form
Understand more about the CWF1 form in this guide including where to find it online on the HMRC website and who needs to complete one.
Tax
Tax can be a complicated subject, but they are an unavoidable part of running a business. What tax do you pay? When and how do you report your earnings? And how do you (legally) reduce how much you pay to HMRC? Wonder no more! In this section, you’ll find guides that cover all aspects of taxes, such as corporation tax, self-employment tax,income tax allowances and VAT.
The Property Income Allowance Explained
Wondering if you should claim the £1,000 property income allowance? In this guide, you’ll find out how the property income allowance works, how to claim it and work out whether it’s right for you. 1. What is the Property Income Allowance? The Property Income Allowance entitles individuals in the UK to earn £1,000 in rental …
Can You Do a Paper Tax Return?
Find out whether you can do a paper tax return, when it is due for filing and where you can find a copy to send to HMRC.
Where to Show Your SEISS Grant On Your Tax Return
Find out how to show your SEISS grant correctly on your tax return and what you need to include in business turnover.
Should I Get an Accountant to Do My Tax Return?
Wondering whether you should get an accountant to do your tax return? Understand the legal requirements as well as the pros & cons of engaging a professional.
Do I Need to Do a Tax Return If I Earn Under £10,000?
If you earn under £10,000, or even below the personal allowance and have no tax to pay, you have to do a tax return, although there are some exceptions. In this guide, you’ll find out which exceptions may mean you don’t have to do a tax return and the steps you need to take if you do have to so that you stay on the right side of HMRC.
Do I Need to Complete a Self Assessment Tax Return?
Wondering if you need to complete a self-assessment tax return? Find out who needs to fill in a tax return, why & what HMRC needs to know.
What Can Trigger a Tax Inspection from HMRC?
Find out what triggers a tax inspection by HMRC, whether they can see your bank account and how you’ll find out you’re being investigated.
How Can I Buy an Electric Car Through My Business?
Understand how to buy an electric car through your business, as well as the pros and cons of doing so, whether you’re a sole trader or have a Limited Company.
What is an R38 Tax Claim Form?
An R38 form is used to claim a tax refund from HMRC by UK individuals who are registered for self-assessment or are employees paid through PAYE. Find out more about this tax claim form, where to find it and key information required when it comes to filling it out depending on income and employment status.