History of Income Tax

History of Income Tax OK, so what is the actual history of income tax. I mean, why do we have to pay it. Right? Who's bright idea was it? Read on to find the culprit INCOME tax was introduced by William Pitt the Younger nearly 200 years ago to finance the struggle against Napoleonic France. Subsequent wars have brought big changes in tax. The schedules of the new tax listed sources of income. The list began with property, moved on to woodlands, through trade, profession or vocation, Crown appointments and ended with a final catch-all for income which did not come within any of the other c...
More

Your Budget for the Self Employed

Budget for the Self Employed So what exactly has the chancellor done for us? Us, the self employed? What is the 'actual' budget for the self employed. In this post we will try and make the clear the main points that affect you. The normal, regular, working people functioning as sole traders on the ground, and show you how the budget for the self employed can benefit your situation. Also, for more information, follow this link for more BUDGET 2016 HIGHLIGHTS. Budget for the Self Employed. Each and every year self employed individuals have certain administrative tasks that they have to arra...
More

TAX RETURN TIME IS UPON US

TAX RETURN TIME So, it's here again and the time to get ready is right now. April 5th represents the end of the tax year and so from April 6th we can submit the self employed tax returns for all clients for year 2015/16. Many people think they can wait, no rush, plenty of time. BUT we know full well, that the earlier the better, and we always advise our clients to get it done straight away. So, if you want your self employed tax return or your CIS tax return done by a professional, then you know what to do.Just get in touch.And remember, at no point will you have to put your hand in...
More

This is what we do.. (TAX!)

TAX. SO WHAT'S SO TAXING? So, do you know what we do? I mean, like, actually, what our service is? Sure, we know most people kind of understand that we get individuals tax rebates. And we do it on a NO REBATE - NO FEE basis. (The clue's in the title, right? Like, self employed tax back. Duh..) But how? Well, what we are is a tax agency and we are based up in sunny Glasgow. Well, ok, just Glasgow. We cover the whole of the UK and subsequently we have clients the length and breadth of the whole country. We focus on working with people who are self employed. We work with the whole range. Doesn...
More

Work in construction?

tax rebate example This is a great cis tax rebate example of how we stepped in and helped a client. This client had worked for some years within the construction industry as a joiner. However, due to a lack of knowledge and poor organisation the client simply hadn't bothered doing any tax related admin at all. No self employed tax return had been filed, nor any CIS tax return. And as for a self employed tax rebate or a CIS tax rebate, well, our client had simply never even heard of them. One thing he was sure of though, he was worried. He freely admitted he had committed the cardinal sin of b...
More