by Oasis Accountants | Feb 2, 2024 | Newsletter
How to treat Input Tax: Pre-registration, Pre-incorporation and Post-deregistration claims to Input Tax under Regulation 111? Background Only a person who is already registered for VAT can exercise the right to deduct input tax. However, there are certain...
by Oasis Accountants | Jan 26, 2024 | Newsletter
Earnings from employment that you earn in a year for which you are resident in the UK are taxable in the UK when you receive those earnings. During the tax year, the earnings which relate to duties you perform overseas in that year are foreign earnings if: 1. you’re...
by Oasis Accountants | Jan 22, 2024 | News
Published On January 22, 2024Meeting self-assessment tax deadlines is crucial, but life’s unpredictability can sometimes lead to unintentional delays. In this article, we’ll delve into the consequences of missing those deadlines and explore practical...
by Oasis Accountants | Jan 19, 2024 | Newsletter
Taxpayers may need to complete a tax return if they: Are newly self-employed and have earned more than £1,000. Have multiple sources of income. Have received any untaxed income, for example earning money for creating online content. Earn more than £100,000 a year....
by Oasis Accountants | Jan 17, 2024 | News
Published On January 17, 2024For freelancers and sole traders, the world of self-assessment taxes can sometimes feel like a daunting maze. However, with the right guidance, managing your taxes efficiently can become a breeze. In this blog post, we’ll explore...
