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...
by Oasis Accountants | Jan 5, 2024 | Newsletter
HM Revenue & Customs (HMRC) has modernized Child Benefit claims by introducing a fully digital process, as detailed in their official announcement dated January 3, 2024:Key Highlights: Digital Transformation: For the first time since its introduction in 1977,...
by Oasis Accountants | Dec 29, 2023 | Newsletter
Being a separate legal entity, the money within a company’s bank account belongs to that company, not the owners or directors. Tempting though it is for a business owner to help themselves to the company’s profits, they cannot do so unless it is declared as a dividend...
by Oasis Accountants | Dec 25, 2023 | News
It is every individual’s responsibility to pay taxes to the government from the income they earn so that the government can use that tax for the welfare of the people. Like we pay income tax from our income, self assessment tax is paid by individuals who are...