494 results for "self assessment"
The Spring Statement 2024
Here's everything you need to know about what was announced in the 2024 Spring Statement by Chancellor Jeremy Hunt.
Wait, are footballers PAYE? 🤯
Yep, footballers are PAYE. But, specifically what kind of tax do footballers pay and exactly how much? Let's get into it.
Cryptocurrency – TaxScouts Taxopedia
Cryptocurrency (“crypto”) is a form of money that only exists on the Internet. How you pay tax on your crypto profits depends on how you got them.
Failure to Notify – TaxScouts Taxopedia
Failure to notify is a penalty for not letting HMRC know about changes that affect the amount of tax you would pay. It can be as high as twice the tax owed.
What is a sole trader?
If you’re self-employed, you’re known as a sole trader. But, what does being a sole trader mean for you? And, how can you manage your taxes?
The ins and outs of nanny tax
Did you know that you may be liable for tax if you hire a nanny and not just work as a nanny? Shocking! We know - read to find out why!
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Get your self assessment prepared for you online by certified accountants for £169
How to claim tax back on your van
In the trades services industry, a lot of people ask, ‘Can I claim a van on my tax return?” This is really a question about expenses.
What is CSP tax?
CSP tax refers to how tax works as a member of the Chartered Society of Physiotherapy, depending on whether you're self-employed or employed.
Pension
A pension is a tax-efficient way of saving for when you retire from work. There are different types available, dependent on circumstances.
Gift Aid – TaxScouts Taxopedia
Gift Aid is a tax incentive that allows charities to claim back Income Tax (at the basic rate) on donations made through the scheme.
Ethereum – TaxScouts Taxopedia
Ethereum is one of the most popular types of blockchain software, powered by a crypto called ether. If you earned ethers, you might owe tax.
Side gig
A side gig is a job that you do alongside your normal employment. And they're becoming increasingly popular with workers in the UK.
Is TaxScouts legit?
There are so many online scams that our well-priced tax return service might seem too good to be true. But it’s not. But it's not...
Can I expense my bed and pillows?
For any of us that needs to do a tax return, you’ll know that one of the important parts of the process is claiming back your business expenses.
Crypto tax calculator
Interested in cryptocurrency? Want to know how much crypto tax you may have to pay? Well have a quick try of our crypto tax calculator here!