Tax Refund
You can claim a tax refund within the last five years
Did you know that every year over £6 billion of tax which has been wrongly or inaccurately deducted remains unclaimed.
You are eligible for a tax refund if one of the following applies to you:
- You have not worked the full tax year (within the last 5 years);
- You have earned less than the tax free threshold (£10,000 for 2014-15 tax year) ;
- You have been taxed using the wrong tax code;
- You have worked in the construction industry under the CIS scheme;
- You have had work-related expenses;
- You have had self-employment losses
One in three people in the UK is due a tax refund.
Apply today
or use our FREE
tax calculator for instant refund estimation.
We have got tax back for thousands of people this year.
Contact us if you have any questions.
Tax Return
Self Assessment Tax Returns
You may need to prepare and submit Annual Tax Return to the Tax Office if you are:
- A Director of a Limited Company – company Director
- Self Employed
- Working through the Construction Industry Scheme (CIS)
- Pensioners with complex tax affairs
- Receive income from land or property in the UK
- Receive offshore / foreign income
- Made capital gains over £8,800
- You have incurred "allowable" employment expenses
- You earn more than £50,000 and you or your partner claims Child Benefit
- Your total annual income from all sources is more than £100,000
- You are in receipt of substantial investment income (more than £10,000 annually)
It is vital to submit your tax return on time, as if these filing deadlines are missed you will
subject to strict penalties.
Unlike many accountancy firms, we can file your tax return for a flat fee.
Contact us today for FREE and no-obligation quote.
Temporary & part time work
If you have not worked for the full year
Working or worked in the UK?
Employment did/does not last for the entire tax year (6 April to 5 April)?
When you probably paid too much tax!
A few examples of when you could be entitled to a UK tax refund are:
- You have not worked for the full tax year
- You have or had more than one job in the same tax year
- You were made redundant
- You came to or left UK after the start or before the end of the tax year
Apply
today or use our FREE
tax calculator for instant refund estimation.
We have got tax back for thousands of people this year.
Contact us if you have any questions
CIS Scheme
Tax Returns for construction workers
We provide FREE help and advice on how to claim back tax on work-related expenses including (tools,
travel, vehicles, wages, materials, accountancy fees, advertising, stationery, telephone/internet,
premises, website and so on).
We guarantee the most tax back you can claim!
We can also with complex cases:
- If you are years behind with your submissions
- If there are Missing Paperwork and records
- If there are Penalties and Charges
Additional tax services for CIS scheme:
- CIS & CSCS registration (contractor and sub-contractor)
- Self assessment Tax Returns (average CIS refunds are £1900)
- Monthly and annual submissions to HMRC and payslips to sub-contractors
- Sub-contractor verification process
- Offsetting
- Liaising with HM Revenue and Customs (Tax Office)
Apply
today
or use our FREE
tax calculator for instant refund estimation.
Contact us if you have any questions or you want to arrange FREE
consultation
Landlords
If you own property in UK or abroad
Any individual who receives income from letting a property has to declare this to the tax office,
even if they do not make a profit.
Non-Resident Landlords
Non-resident landlords letting UK property have to prepare and submit annual tax return.
Overseas property
If you live in the UK your overseas rental income should be declared in the UK, as well as to
the local tax authorities.
We will provide fast and efficient service and make sure you're claiming all deductible
expenses.
In addition to that we will:
- calculate your tax position
- look for ways to reduce the tax you pay
- deal with all correspondence and answer your taxation queries
- provide year round access to our experts
Our tax return is priced at a flat fee so you will know exactly what you're paying from the
outset.
Contact us if you have any questions or you want to arrange FREE consultation
Benefits
Financial help from the Government
Are you struggling financially?
Here is the thought worth considering: you might be entitled to receive financial help from the
Government and you do not even know about it.
We can help you find out if you are eligible for any of the available benefits and we will help
you get it.
We provide FREE assessment with no obligation to use our service.
You may be entitled to receive the following:
- Tax Credits
- Child Benefit
- Pension Credit
- Income Support
- Housing Benefit
- Council Tax Reduction
- Maternity Allowance
- Universal Credit
Contact us or
request a call back
if you think you might be entitled to any financial help from the Government.
Business
Sole trader or Limited company
Sole trader vs limited company!
This is the choice most start-up businesses face.
Each structure has advantages and disadvantages. For example, with the limited company your
assets are protected by the limited liability; however, there is more bureaucracy and publicity when
it comes to accounting and reporting issues.
However, most businesses will choice to form a limited company. This is because; limited
company is taxed under different taxation rules.
You simple pay less tax if you register your business as a limited company!
On average, you can increase your annual income by 20% as a limited company & further 10% if
you register for VAT.
If you are thinking of starting a business Contact Us today for FREE
with no obligation consultation or simple request a call
back.
Formation, taxation & accounting
Limited company
Have you decided to register a limited company or you are already operating as a limited company.
We offer help and advice with
Company Formation if you just starting your business.
In addition to that we offer wide range of accountancy services for start-up businesses and
existing limited companies:
- registration and running of PAYE scheme (payroll);
- registration and running of VAT scheme;
- production and submission of Annual Accounts to Companies House;
- Corporation Tax Returns to HMRC;
- Help and advice with regards to the establishing a business structure enabling the most tax
efficient performance (i.e. the less tax your pay the more cash you will have to develop
your
business further).
We offer various
accountancy packages for Limited Companies to suit your business needs and
to ensure that you are relieved from burden of dealing with HMRC and Companies House and instead you
concentrate on running successful business.
Contact Us today for FREE with no obligation consultation or simple request a call back.
VAT
Value Added Tax
Many small businesses think that registering for VAT is complicated and adds an additional
administrative burden. Obviously, if your turnover exceeds the threshold you have to register but
you are still entitled to voluntarily register.
Why would you want to voluntarily register? Because it could increase your company’s profits!
As crazy as it sounds, each and every one of us pay VAT as part of our daily expenditure, as a
business you are entitled to claim this back from the Government.
Moreover, if your business is subject to zero-rate VAT, once registered you will be able to
claim back VAT incurred on all your business expenses!
It could be beneficial for you to register your business for VAT. We will execute the
registration process and will ensure that all your VAT returns are accurate and within specified
deadlines.
Contact Us today for FREE with no obligation consultation or simple request a call back.
CGT
Capital Gain Tax
Capital Gains Tax is a tax on the profit when you sell or give away something (an ‘asset’) that has
increased in value.
It’s the gain you make that is taxed, not the amount of money you receive. You don’t normally
have to pay Capital Gains Tax if you give something away to your spouse or civil partner.
The current Capital Gains Tax rates are:
- 18% and 28% for individuals (the rate depends on your total taxable income)
- 28% for trustees or personal representatives of someone who has died
- 10% for gains qualifying for Entrepreneurs’ Relief
The rates will be the same for the 2014 to 2015 tax year.
For gains made on or before 22 June 2010, Capital Gains Tax is charged at a rate of 18%.
If you had any Capital Gains
contact Us today for FREE with no
obligation consultation or simple request a call back.
"I am really happy with the service provided for me here at taxref.co.uk and I would recommend anyone who is looking to claim tax back to come here as my agent was very helpful and sorted everything out for me."
- A. Rolls, Maidstone, Security officer