Simplified Declarations for Imports
As mentioned in our earlier articles, the old import and export customs processing system (CHIEF) is gradually being replaced by a new customs declaration platform. If your business needs to import goods from countries other than the UK, it must be declared at...
Understanding Tax Codes in the UK
Our earlier article mentioned Payslip and mentioned how to check payslips. Financial expert Martin Lewis has once again mentioned that incorrect tax codes on wages can cost hundreds of pounds. How to interpret the tax rate you should pay by tax code? Can the...
Rental Income Tax Guide
In recent days, HMRC is ramping up its investigation into unreported landlords and has made up to 58,000 disclosures. Since 2013, the government has launched a “rental property campaign” and has recovered almost £250 million in unpaid tax. If you are...
