Are you one of the many individuals juggling a side hustle alongside your main job? Whether you’re selling goods online, freelancing, or offering services on the side, understanding how your additional income impacts your taxes is crucial. Enter TaxDash, the…
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Understanding how my UK salary is taxed with the help of Taxdash
Demystifying Your Tax Calculation with TaxDash: A Guide to Understanding Your Personal Finances Are you tired of feeling overwhelmed by your income tax calculations? Are you unsure about where your hard-earned money is going? Look no further than TaxDash, the…
Beyond Calculations Understand Your UK Self-Employed Taxes with Taxdash
Unlocking Tax Clarity: Introducing Taxdash – Your Advanced Income Calculator for Sole traders In today’s complex financial landscape, understanding your tax obligations can feel like navigating a maze blindfolded. Whether you’re a self-employed…
£100k Gross Income in small salary vs Salary only – Tax tips for Directors
Are you a director of a small company navigating the complexities of tax calculations? Do you find yourself balancing between salary and dividends to optimise your income while minimising tax liabilities? If so, you’re not alone. Many directors face this…
Don’t get caught out by tax avoidance
HM Revenue and Customs (HMRC) are running a campaign to help people avoid being caught out by tax avoidance schemes. This is particularly relevant to those who are contractors, agency workers, or are working through an umbrella company. GET IN TOUCH WITH OUR WIMBLEDON…
Are training costs tax deductible for the self-employed?
HM Revenue & Customs have recently updated and clarified their guidance on training costs paid by the self-employed. The general rule for whether the cost of a training course can be deducted from your self-employed profits is that it must be incurred wholly and…