Free Information from "TaxEasE uk"

If you are Self Employed/Employed/Retired

If you are living, working and retired in UK then you are subject to UK income tax and national insurance contributions laws. We can register you for both, or if you wish you can do this yourself by contacting your local income tax office or by contacting;

Inland Revenue
National Insurance Contributions Office
Longbenton
Newcastle-Upon-Tyne
NE98 1ZZ

All earnings and all income above your annual personal allowances are subject to income tax at the current rates.

Profits on self-employed earnings are also taxed above personal allowance in addition to income tax.

Inheritance tax is levied on estates above the exemption level currently £285000.00

All retirement earnings and income is subject to UK tax above your personal allowances.

If you buy, sell and gift, certain kinds of goods and investments there could be capital gains tax to pay over and above the capital gain exemption currently £8,800.00

If you are a UK national working abroad you will need to complete a P85 before you go. We can do this for you. Being an expatriate can be complex when dealing with your tax affairs. {Tip} keep accurate records of the dates you arrive and leave the UK for any later challenge by the Inland Revenue.

Income tax offices often make mistakes in calculating any tax owed and should be checked always. We can check your tax codings/returns for you for free if an existing client, or for a small fee if not.

Keep all your paperwork for both expenses and income. Namely receipts, statements, vouchers, invoices, top up cards, bank statements, income statements etc.

Remember that the authorities check upon 500,000 taxpayers each year for accuracy of returns. They do this to see if mistakes are made or to see if you are cheating!

The penalties are severe. There are two types of enquiries! An “Aspect” enquiry, which is the gentler type, and a “Full” enquiry that is a very thorough, more searching, time consuming and expensive enquiry. If you feel we can help you and you are interested in receiving any further information then you must register firstly as client of “TaxEasE uk” and send to us the client registration fee or postal fee only before we can help you further.

Once registered with us we can discuss the issues involved with you and quote you accordingly for any work we carry out for you.

Alternatively you can use this link www.inlandrevneue.org.uk to contact the Inland Revenue direct.