Using Cash Basis for Tax Returns

should you use the cash basis?

Understand the cash basis for tax returns, the rules around who can and can’t use this tax scheme and the advantages the cash basis can bring.

National Insurance Credits

national insurance credits

Understand national insurance credits and how they keep your NIC record up to date to protect your ability to claim state benefits.

Pension Allowance

The Pension Allowance lets UK individuals contribute up to £40,000 each tax year into a private pension scheme. You will then get tax relief on these contributions. How to Claim It If you are employed, your employer will give you the tax benefit of your pension contributions every time they pay you. Otherwise, you’ll need … Read more