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The Ins and Outs of Income Tax

  • June 29, 2018
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  • Issac Qureshi
  • Issac Qureshi, Taxation

Income tax may sound daunting and just the thought of it is a sure headache, but knowing a couple basics will give you a better understanding. So what is income tax? Citizens Advice defines it as a tax on income, which includes: earnings from employment, self-employment, some social security benefits, interest on most savings, income

History of Taxation in the UK

  • May 26, 2018
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  • Issac Qureshi
  • Issac Qureshi, Taxation

In the UK, paying taxes is a mandatory requirement for every citizen. The practice of imposing taxes on citizens dates back to the medieval times during when monarchs imposed levies on citizens on property and land. The revenue raised was used to run various functions of the government such as paying salaries of servants and

Tips on How to Reduce Your Tax

  • May 7, 2018
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  • shazan.280318
  • Taxation

This life we live has very few certainties; however, one of those certainties will always be paying taxes. If you’re feeling a little low on funds after this last round of taxes, fret not. There are plenty of ways you can reduce your tax for next year. Here are four simple tips to get you