We’ve heard a lot about paying taxes recently, but what do we get for it? 1. Health Services 🏥 About 40% of your taxes fund the NHS – covering hospitals, GP services, mental health care, medications, and more. 2. Education 🎓 Approximately 10-15% goes toward...
Back in 2001, HMRC introduced Government Gateways for people to be able to access tax systems and submit information. Since then, the requirements to have different logins for different services (currently around 191 different ways to set up accounts and 44 different...
Year-end tax planning is important for UK individuals to help manage tax liabilities and ensure financial efficiency. Some things you should consider are: ✅ Utilise Your ISA Allowance: Maximise your Individual Savings Account (ISA) contributions. The annual ISA...
