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Why Britain’s income tax year ends on April 5th?

Posted by Julian Behrman on 18/02/14 in TAX REFUND | 0 comments

Have you ever wondered why Britain’s income tax year starts on April 6th and ends on April 5th? The explanation starts with Julius Caesar and one of Cleopatra’s astrologers, includes Pope Gregory X111 and ends in 18th century rioting by Britons who feared their lives were being curtailed. Unsurprisingly, few countries share Britain’s income tax year calendar; the practice is more uncommon than driving on the left as Americans and most continental Europeans, for example, start their income tax year on January 1st. So, please feel free to...

How is PAYE Tax Calculated ?

Posted by Julian Behrman on 13/02/14 in TAX BACK, TAX REFUND | Comments Off on How is PAYE Tax Calculated ?

PAYE is an efficient, cheap and straight forward way of HMRC collecting income tax from employees (and pensioners) and, when it works properly, it is easy to monitor and check! Basically, then, almost everybody in the UK – men, women and even children are entitled to an annual personal tax allowance. This being the total amount of money they can earn free of tax. In the UK, every employee or pensioner paid under the PAYE ( aka Pay As You Earn ) scheme is allocated a tax code by HMRC ( HM Revenue & Customs ) . HMRC issues a new (...

The Taxback service company

Posted by Julian Behrman on 12/02/14 in TAX BACK | Comments Off on The Taxback service company

We believe in being accessible … We are a UK based Company with over 20 years experience of dealing with HMRC. We can offer you FREE advice on a range of personal tax issues, primarily through our NO TAX REBATE -NO FEE Taxback service. We are able to take all the jargon out of your UK tax affairs and help you understand – in plain English – how much income tax you might have overpaid at any time in the three 2010/11, 2011/12 or 20l2/13 tax years ie from April 6th 2010 to Aprit 5th 2013. We are registered as authorised agents...