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Are You Claiming The Allowances You Deserve?

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By Author: Jessie Wright
Total Articles: 12
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We all know just how vilified individuals and companies can be if they try to avoid or evade tax. However, there are many ways to pay less tax that are not only perfectly legal, but actually intended to be used by all both those in self-employment and even those in PAYE employment.

Not only can those who wear a uniform to work often claim certain tax breaks, but those who work for themselves will have many very specific allowances, and not only might they have generic outgoings such as petrol and car insurance costs that can be claimed for, but those in specific industries may be able to claim very for specific outgoings.

From musicians who can claim for the purchases of certain music as research to writers who can claim for certain technological purchases, there will be all manner of different ways to reduce the amount of tax you pay, and even business meals are likely to be able to be claimed back against tax.

However, there will be so much conflicting advice on what can be claimed for and what cannot as well as the thresholds of certain claims that it will be very hard for an individual to be sure that ...
... they are getting the allowances they deserve without professional tax advice.

Self-employed individuals are likely to have many more overheads than those in PAYE employment and will also not have the same benefits such as holiday pay, and therefore the tax allowances they are offered merely makes self employment a viable option.

As such, getting tax help online can be the best way to quickly understand exactly what you are entitled to without having to pay costly accountancy fees to find out what your legal rights are. However, even those in PAYE employment may be entitled to certain rebates too and therefore almost anyone can benefit from visiting the right tax site to find out more.


For more information please visit - www.u-tax.co.uk/self-assessment.aspx

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