Monthly Archives: July 2017

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What is a Tax Reference Number and where can I find it?

Have you ever noticed a recurrent number on your payslips with one employer? This is your tax reference number. The first three digits of the number will identify the tax office where your employer’s tax is registered. The rest of…

What is an SA401 form? | SA401 Online Form

SA401 Form is a mandatory submission for an individual intending to become a partner in a partnership. It is used to register the individual’s Self Assessment and class 2 NICs. It is noteworthy to mention that the partnership will register…

Why do you need to fill a form R85 and what to do in case of tax over payments?

If your income for the year is below your personal tax allowance for savings, you need to fill Form R85. This form is legal declaration. It informs building societies and banks that they should not tax interest on your accounts…

WHAT IS A P60 FORM? WHAT DETAILS IT CONTAINS AND WHY SHOULD YOU SAVE IT

Many people often ask, “What is a P60 form?” As for HMRC is concerned, Form P60 is the documented proof of what you earned and how much tax you have paid. P60- alternatively called the End of Year Certificate is…

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