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Who Needs A UTR Number Anyway?
A Unique Taxpayer Reference (UTR) number is required by all sole traders, partnerships and limited companies in the UK. It’s unique to that individual or organisation and remains unchanged forever.
You will also need a UTR if you have other forms of income or expenses that require yo
Article Author: Amanda Swales
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Are You Declaring All Of Your Earnings To HMRC?
Outside of regular income, you may earn an additional sum that has gone undeclared to HMRC. Usually, this is a genuine mistake as you may not have been aware that you were required to do so. However, HMRC isn’t always so understanding and can penalise you for not disclosing your full
Article Author: Amanda Swales
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Scotland Vs England And Wales: What Are The Differences In Tax?
In the current climate, it’s easy to see how Scotland’s tax legislation could incite anger on both sides of the northern border. While not immediately obvious, there are significant differences in how much tax you pay in Scotland in comparison to England.
Similarly, as of 6th A
Article Author: Amanda Swales
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Top Tax Changes That Contractors Need To Know
Following the start of a new tax year, it’s always useful to stay abreast of changes to your responsibility. Certain legislative updates in 2019 have been overshadowed by the spectre of Making Tax Digital for VAT, causing smaller (but significant) changes to be overlooked.
While thes
Article Author: Amanda Swales
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