Month: August 2019

Self-assessment system in Uk

THE SELF-ASSESSMENT SYSTEM IN THE UK

Self-assessment system is used by the HMRC to administer and collect tax from taxpayers in the UK. Most UK taxpayers’ tax is collected at the source, however, some taxpayer under this system have to administer their tax by themselves. If not administered well, they are given penalties and made to pay interest on unpaid tax. […]
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Pension contributions

UNDERSTANDING PENSION CONTRIBUTIONS IN UK

Pension contributions are the retirement plan for the future by putting something aside to live on when you grow old. The main idea with a pension is when individuals get old, they have less strength to work compared to when they were younger. To explain pension easier, Our Northampton accountants have classified it into 3 […]
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