ncome tax is the area of tax most people come into contact with on a regular basis. Usually it involves paying tax on money you earn from being employed but it can also mean paying tax on profits from self-employment, state benefits and pensions.
Interest on savings, bonds and trusts also fall under income tax as do company shares and dividends so there is more to this common form of taxation than meets the eye.
Navigating the tax minefield is no easy task and when it comes to areas where you may be able to make tax savings you may need a specialist tax advisor to help guide you.
Tax allowances and tax relief can be claimed by eligible individuals or organisation who qualify so it is a good idea to get a clear picture of what you can and can’t claim when starting employment or for business start ups.
Talk to our tax team today to start handling your income tax with ease.
We are specialists at Pay As You Earn (PAYE) and Self Assessment Tax Returns (SATRs) and can help you keep up to date with the latest changes.
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