Pay as you earn (PAYE) is the system used by employers and pension providers to deduct income tax and national insurance contributions from the salaries. The tax codes provide employers with the information on how much should be deducted.
Self-Assessment Tax Returns In case if you are self-employed or have a high-income, Income Tax and National Insurance Contributions can be paid through self-assessment. A tax return form must be filled out yearly in this case.
Interest on savings and investments is no longer automatically taxed, meaning that a tax return will also need to be filed if the untaxed income is above £2,500 or if tax is not paid through salaries and pensions.
We were approached by an Australian national who was currently holding a valid Tier 2 visa however, he wished to switch into Tier 1 Entrepreneur. Before coming to us our client has already made purchases for his future café...(Read more)
Contacted us seeking advice in regards to her refusal. Our client was refused on the basis of her business plan as it did not convince the Entry Clearance Officer that she had a Genuine Intention of setting up a business in the UK...(Read more)