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This is where you'll find tips on discovering what the taxman owes you and how to get it back. Plus, with an average refund of £3,000, we'll even throw in some hints on spending your reclaimed cash as well as how to make the most of your money!
23rd October 2024
CIS deductions explained
The Construction Industry Scheme (CIS) is a set of rules put in place by HMRC for those working in the construction i...
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16th October 2024
What is the Construction Industry Scheme (CIS)?
The Construction Industry Scheme (CIS) requires contractors to deduct tax from their subcontractors' payments, with t...
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21st September 2024
What is the Home Office Allowance?
Reviewed by RIFT's Quality and Service Manager, Edward Waine ATT The Home Office Allowance is a tax-free sum that you...
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18th September 2024
The trading allowance in the UK: A comprehensive guide
The trading allowance is a UK tax relief that makes the tax process simpler for small business owners and people with...
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14th September 2024
Entrepreneurs’ Relief: How it works and who can benefit
Now officially renamed as Business Asset Disposal Relief (BADR), Entrepreneurs’ Relief is a tax relief available if y...
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10th September 2024
A beginner's guide to the Capital Gains Tax allowance in the UK
Capital Gains Tax (CGT) is a tax on any profit made after selling or disposing of certain assets. Understanding capit...
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26th August 2024
What is a CT600 form? A guide to the UK Corporation Tax return
A CT600 form is an important document for UK businesses. It’s used to calculate how much Corporation Tax you owe HMRC...
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23rd August 2024
Second Job tax - how does tax work with two jobs in the UK?
Reviewed by Helen Lambkin, Assistant Operations Manager at RIFT Tax Refunds Whether you’re saving for something speci...
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16th July 2024
Understanding what the 500 0T tax code means and how to fix it
Reviewed by RIFT's Quality and Service Manager, Edward Waine ATT A tax code is a string of letters and numbers that t...
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