Archive | UK Tax

Claiming your NI Rebate  – Take Control of Your Finances

Claiming your NI Rebate – Take Control of Your Finances

The deadline to apply for the NI (National Insurance) Rebate is the 5th April 2010 so don’t miss out on this opportunity to take control of your finances.

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3 Key Tips To Claim Your Tax Back Smartly

3 Key Tips To Claim Your Tax Back Smartly

Expert Tax, Migration and Financial Services group 1st Contact claims that most individuals in the UK are not aware that they are eligible for a Tax Refund. As such 1st Contact has offered 3 key tips that are set to enable individuals to claim the maximum amount of tax back in a minimal amount of time:
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Millions of Pounds due to UK Tax Payers

Millions of Pounds due to UK Tax Payers

The HMRC’s admission to over calculating taxes has resulted in tax rebates being due to thousands of UK tax payers.

You may be set for a tax refund, without even knowing it. According the Chartered Institute of Taxation, HM Revenue & Customs has sent the wrong tax codes to a number of people throughout the UK due to a fault within their IT systems. Continue Reading

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Exorbitant Tax Refund Commissions Can Rip off Consumers

Exorbitant Tax Refund Commissions Can Rip off Consumers

According to various news reports, it is alleged that various UK based Tax refunds agents are engaging in exploitative practices in the form of excessive commission charges on tax refunds claims managed for their customers. Numerous UK firms have been identified for taking anything between 19% and 40% of tax payer’s refunds.One of the most experienced and established Continue Reading

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Are you aware you can claim a Rebate on your National Insurance?

Are you aware you can claim a Rebate on your National Insurance?

Many people are unaware that you can claim back National Insurance Contributions while working in the UK. This is different from a tax rebate which you can only do when arriving and leaving the UK. An NI (National Insurance) Rebate can be claimed at anytime and only needs to be done once (from thereon it is automatically done for you each year). Continue Reading

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HMRC Scam Mails Set to Trick Many

Expert tax and financial services group 1st Contact, urges individuals to not be fooled by continual e-mail scams orchestrated by fraudsters. The scam e-mails are designed to create the impression that they have been sent by the Inland Revenue. Continue Reading

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Systems Upgrades Set to Delay Issuance of Tax Refund Cheques

July 2, 2009 02:53

1st Contact warns individuals of the current system upgrades, currently taking place at the In Land Revenue, which are set to put a slight delay on various tax refund claim submissions. The Inland Revenue’s Pay As You Earn” systems are currently undergoing a revamp, which are due for completion in mid July. 1st Contact would like to confirm that this process will only affect PAYE and not Self Assessment cases. Continue Reading

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Australian Tax Working Holiday is Over

In a recent report, it is alleged that the Australian government declared the Australian tax holiday as having reached an end. This was announced during the hand down of the 2009-2010 federal budget, some weeks ago, and is set to affect thousands of UK based Australians. In his recent announcement, treasurer Wayne Swan confirmed that new laws will be coming into effect from 1 July 2009, that will ultimately disadvantage Australian citizens, who are living and working in the UK, as far as their Australian tax obligations are concerned. Continue Reading

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You Could Be In For A Tax Refund

Though its been said there are only two things guaranteed in life – death, and taxes – those in for a rebate following their work periods in the UK are often pleasantly surprised that some extra money in the bank may be a third guarantee. Continue Reading

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You Could Be In For A Tax Refund

Though its been said there are only two things guaranteed in life – death, and taxes – those in for a rebate following their work periods in the UK are often pleasantly surprised that some extra money in the bank may be a third guarantee. Continue Reading

Posted in Featured News, UK Tax0 Comments

Are You Ready For the End of the Tax Year?

1st Contact recognises the importance of small business to our economy. All too often, however, the news headlines fail to focus the spotlight on the issues and stories which affect the owners of smaller companies. Here at 1st Contact we spend every day dealing with tax and all the complications that may surround it. With the end of the financial year fast approaching, we recognise that it can be a stressful time, especially if you are running a business and have lots of other balls to juggle. Continue Reading

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Contractors Body Angered By Changes in HMRC Interest Rates

When it comes to understanding contractors’ needs, there is none better that 1st Contact. Specialists when it comes to local business, we realise that our current economic climate represents a challenge to everyone. Current issues which affect our clients are often not reported by the news, so we are running a series of news stories to reflect that. Continue Reading

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New Security Measure for Claiming Tax Refunds Revealed

Expert financial services and immigration group 1st Contact reveal a new security measure that has recently been implemented by her Majesty’s Revenue and Customs (HMRC). This new development requires the issuance of National Insurance (NI) numbers in order for 1st Contact to be able to follow up telephonically on tax refund submissions for our clients. As such 1st Contact urges our customers to apply for an NI number as soon as possible in order to prevent delays at HMRC when claiming you Tax Refund. Continue Reading

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Claim your NI Rebate – on average £1,645

Many people are unaware that you can claim back National Insurance Contributions while working in the UK. This is different from a tax rebate which you can only do when arriving and leaving the UK. An NI (National Insurance) Rebate can be claimed at anytime and only needs to be done once (from thereon it is automatically done for you each year). Continue Reading

Posted in Featured News, UK Tax5 Comments

1st Contact Urges Individuals to Safeguard Against Recent Tax Fraud Scam

In a recent article released by the BBC (http://news.bbc.co.uk/2/hi/business/7816450.stm), the run up to the 31 January deadline for self assessed tax returns, has seen the most “sophisticated and prolific” tax fraud scam in the UK to date. Having flooded the UK media, numerous reports affirm that fraudsters are allegedly targeting consumers under the false pretence of being HM Revenue and Customs (HMRC) officials and thereby requesting banking details of victims to supposedly pay them their tax refunds. Individuals who have revealed these details may face the devastating threat of their bank accounts being cleaned up. Continue Reading

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Submitting your Tax Refund Can Present a Viable Investment Opportunity

According to leading immigration and financial services group 1st Contact, applying sound and innovative tax advice to your personal financial affairs is set to create a magnificent start to 2009, a year full of opportunity. Continue Reading

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1st Contact Calls on SA Property Owners to Meet the 2009 Tax Deadline to Avoid Penalties

According to expert immigration and financial services group 1st Contact, many South African property owners living and working abroad are unaware of their obligation to register for income tax, making them eligible for the submission of an annual tax return. Continue Reading

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