Calculate Dividend Tax for Shareholders
Dividend Tax Calculator Individuals holding shares of a company may receive dividends. As per the new rule, starting 6 April 2016, the Dividend tax credit was replaced with a new tax-free dividend [...]
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TAX CHANGES FOR 2016-17
The 2016-17 tax year has brought some major changes to the tax codes and its subsequent consequences to an individual’s personal financials. To make things simpler for our clients, we have [...]
Dividend Voucher
What Are Dividend Vouchers ? For a limited company, profit distribution can be done by means of dividends. Once a company has identified that it has adequate profits to share out as dividends, it [...]
What is Dormant Company? – HMRC & Companies House Dormant Company
Generally, a company or organisation is termed dormant if it is not doing business and does not have any other income, for example interests or investments. However, dormant means differently for [...]
Can a cab ride home reimbursed by the company be classified as taxable?
Over Christmas, you were roped into entertaining clients and it was late in the evening when you finally took an expensive cab ride home. You had this reimbursed by the company, and a colleague [...]
Finding A Lost UTR Number
UTR number A 10-digit number that is unique to either an individual or a company is referred to as a Unique Taxpayer Reference or UTR. The reference identifies an individual personally with HMRC [...]
Marriage Tax Allowance & Married Couple’s Allowance 2017/18 – How to Claim
Marriage Tax & Married Couple’s Allowance It is said, marriage is an expensive affair but then when the Government comes to your rescue with a helping hand to reward you then it is worth engaging [...]
Claiming Tax Refunds/Rebates And Income Tax Reliefs
Overview Tax Relief means that a person Claims reduction of tax for making payments / contributions to certain sectors like charity donations, pension contributions or investing in start up [...]
Capital Gains Tax Allowances
UNDERSTANDING CAPITAL GAINS TAX The tax paid on the profit of selling or disposing of an asset, which increases the value or capital, is referred to as Capital Gains Tax (CGT). It is the gain made [...]
Will restrictions affecting public sector contractors
Will restrictions affecting public sector contractors soon affect contractors working in the private sector as well? Will the changes to off-payroll working in the public sector, confirmed at the [...]