Tax Qube

We wish our clients, team members and partners Merry Christmas 🎄 and a happy new year. We are thankful for your support and collaboration throughout the year and extremely grateful for the fantastic results for 2022. Bring on 2023 😊 We are back on the 4th Jan 2023 after a well deserved break with friends and family 🥳🎉 #merrychristmas #accountants #newyear2023 #london (at London, Unιted Kingdom) https://www.instagram.com/p/CmeR2pHth6s/?igshid=NGJjMDIxMWI=

The UK’s economy is set to benefit from the new relaxation in corporate taxes to allow companies to invest and grow. However, we feel that in a highly competitive environment, R&D should be at the forefront of the government policy. Not only it directly incentivises investment in innovation, it gives the U.K. a friendly image to attract and retain talent. ✅ Corporate taxes to remain at 19% and the planned increase is being abolished. ✅ IR-35 will be repealed, this is great news for our current portfolio. ✅ No additional rate personal tax at 45% Have a question? Our contact details can be found on our website - www.taxqube.co.uk #londontaxadvisers #taxaccountants #researchanddevelopment #taxcredits #construction #corporationtax #tax #charteredaccountants #payroll (at London, United Kingdom) https://www.instagram.com/p/Ci4rgM3tRUi/?igshid=NGJjMDIxMWI=

From 6 July 2022, as an employee you will be able to earn more before you start paying National Insurance. This means you may pay less tax, after accounting for the recent Health and Social Care Levy. ✅ If you’re self-employed the amount of profit you can earn before you pay National Insurance contributions is also increasing. ✅ The threshold is set to increase again to £12,570 in July 2022. ✅ The relief is given by HMRC as a reduction in payroll deductions that you will be able to see in your next month’s payslip. Have a question? Our contact details can be found on our website - www.taxqube.co.uk #londontaxadvisers #taxaccountants #researchanddevelopment #taxcredits #construction #corporationtax #tax #charteredaccountants #payroll (at London, United Kingdom) https://www.instagram.com/p/CfoOWRJtvbJ/?igshid=NGJjMDIxMWI=

R&D tax credits are government backed but, whether by complexity, length of time or the requirements to claim, are largely ignored by the construction industry. ✅ TaxQube has developed a calculator that can give an estimate of how much your claim could be worth. ✅ A specialist to work with you on an ongoing basis to help discuss and document hidden R&D activities within your company. A completely unbiased approach to the scheme to claim on only the eligible activities. ✅ The relief is given by HMRC as a reduction in your corporation tax or cash benefit by way of surrendering the R&D losses to HMRC. Have a question? Our contact details can be found on our website - www.taxqube.co.uk #londontaxadvisers #taxaccountants #researchanddevelopment #taxcredits #construction #corporationtax #tax (at London, United Kingdom) https://www.instagram.com/p/CfcKSVsteVq/?igshid=NGJjMDIxMWI=

We have some good news to share. Our client was subject to automated penalties by HMRC which were quite expensive and had been applied due to no fault of their own. ✅ TaxQube successfully assisted them during the appeal process and dealt with correspondence with HMRC. ✅ A detailed appeal was presented to HMRC with clear evidence and facts about what happened and why they should reconsider our client’s position. ✅ The results were pleasant with a successful outcome of our efforts. Today we received a letter at our office confirming that HMRC have reversed their position and accepted the appeal. Have a question? Our contact details can be found on our website - www.taxqube.co.uk . #charteredaccountants #london #taxlaw#software #construction #crypto #creatives #influencer #researchanddevelopment #medical #taxcredits #ukmanufacturer #tech #engineering #xero #taxqube #hmrc #quickbooks #acca #icaew #taxadvisers (at London, United Kingdom) https://www.instagram.com/p/CeQ29jOtPlL/?igshid=NGJjMDIxMWI=

The cost of living crisis is here with many families facing difficulties in keeping up with various expenses. Tax credits can be an effective tool to boost your after taxes income in a legal manner. Professionals such as doctor, solicitor, construction worker, surgeon, IT consultant, army or a security officer, you can be due a tax rebate. ✅ We can help increase your tax rebate claim by utilising our years of expertise gained in the field of tax. ✅ We represent our clients by formal appointment so, in case HMRC have any queries, TaxQube can communicate with HMRC for a resolution. ✅ So many people miss out on tax credits claim every year, it could be due to the lack of specialist knowledge or using a non-specialist firm. If you think you are owed a refund, contact us today for a free of charge review. Have a question? Our contact details can be found on our website - www.taxqube.co.uk . #charteredaccountants #london #taxlaw#software #construction #crypto #creatives #influencer #researchanddevelopment #medical #taxcredits #ukmanufacturer #tech #engineering #xero #taxqube #hmrc #quickbooks #acca #icaew #taxadvisers (at London, United Kingdom) https://www.instagram.com/p/CeLP17DtRQa/?igshid=NGJjMDIxMWI=

There is a lot of misleading information about non-domicile status in the media. News agencies take advantage of complex tax areas that common people don’t understand and use it play with people’s emotions. ✅ Claiming non-domicile status is NOT a scheme. It is not some kind of tax evasion method. ✅ The claim is literally designed and approved by the British government to attract rich and wealthy people from around the world to choose to live in the UK. It massively benefits the British people when money flows to the UK and investments are made. ✅ Without these rules fewer people will come to the UK, they will go somewhere else with friendly rules, and it will have an adverse impact on the economy. Portugal, Italy, Spain, Dubai, and many other countries have similar rules. Non-dom and remittance basis claim is an important part of our UK Tax Law and should be promoted to encourage investments. Have a question? Our contact details can be found on our website - www.taxqube.co.uk . #charteredaccountants #london #taxlaw#software #construction #crypto #creatives #influencer #researchanddevelopment #medical #taxcredits #ukmanufacturer #tech #engineering #xero #taxqube #hmrc #quickbooks #acca #icaew #taxadvisers (at Mayfair London) https://www.instagram.com/p/CcFl8_3taKI/?igshid=NGJjMDIxMWI=

From April 2022, the following tax changes will be applicable to employees, self-employed, employers and shareholders receiving dividends. ✅ All dividend income tax rates will increase by 1.25% i.e. the new bands will be 8.75%, 33.75% and 39.35% but the £2k tax free allowance will remain. ✅ A Health and Social Levy will be introduced resulting in a rise of 1.25% on National Insurance Contributions (NIC) across the board for employees, employers and the self-employed. ✅ Employees rates (Class 1) will rise to 13.25% and 3.25%. Employers rates (Class 1) will rise to 15.05% but the Employment Allowance can interact with this rise. Self-employed (Class 4 but not Class 2 or Class 3) will rise to 10.25% and 3.25%. Have a question? Our contact details can be found on our website - www.taxqube.co.uk . #charteredaccountants #london #software #construction #crypto #creatives #influencer #researchanddevelopment #medical #taxcredits #ukmanufacturer #tech #engineering #xero #taxqube #hmrc #quickbooks #acca #icaew #taxadvisers (at London, United Kingdom) https://www.instagram.com/p/CcAn3tXNmKY/?utm_medium=tumblr

UK continues to attract professional players from around the world because of the attractive tax rules when it comes to gambling. Whether you are a professional poker player or gamble a few pounds, it is important to understand how taxes work in the UK. You might find UK the best place in the world for your talents. ✅ No taxes on winnings and there is no requirement to declare them on your self assessment tax return. However, please keep receipts of your winnings for record keeping. ✅ If you invest your winnings and earn money from your investments, they are NOT tax-free, we offer a no obligation free of charge consultation to help you ensure compliance. ✅ Taxes are applied to real money gambling operators so, if you decide to become an operator, there are additional taxation requirements to consider. Have a question? Our contact details can be found on our website - www.taxqube.co.uk . #software #construction #crypto #creatives #influencer #researchanddevelopment #medical #taxcredits #ukmanufacturer #tech #engineering #xero #taxqube #hmrc #quickbooks #acca #icaew #taxadvisers (at London, United Kingdom) https://www.instagram.com/p/CbrqfuwtCN6/?utm_medium=tumblr

We are at IFE today - Feel free to message us if you want to catch up. See you there! #ife #londonexcel #excel #hospitality #accountants (at ExCeL London) https://www.instagram.com/p/CbXUoqvtYou/?utm_medium=tumblr

Every year UK taxpayers get a tax-free allowance that can used in addition to the personal tax allowances. This is an extra £12,300 in tax relief that is applied on relevant income. Here are some tips to benefit from this allowance that will get wasted if not used. ✅ Every year, you should review the assets that you have sold to establish different types of earnings. Stock & shares is a great way to boost earnings without major tax implications. ✅ Each family member would get this allowance. Therefore, if the asset was owned with your wife. This would be 2x of extra allowances before you pay tax. ✅ Careful planning is needed to deal with assets such as property because additional reporting is required in relation to ownership but it is possible to legally benefit from the tax relief. Have a question? Our contact details can be found on our website - www.taxqube.co.uk . #software #construction #crypto #creatives #influencer #researchanddevelopment #medical #taxcredits #ukmanufacturer #tech #engineering #xero #taxqube #hmrc #quickbooks #acca #icaew #taxadvisers (at London, United Kingdom) https://www.instagram.com/p/CbIU_hZNaO1/?utm_medium=tumblr

We are at Future Build today. Don’t forget, it is free to park at London Excel for Future build attendees due to the planned strike action. See you there 😊💪🛠 #construction #innovation #futurebuild #researchanddevelopment #taxcredits (at ExCeL London) https://www.instagram.com/p/CamAov-tT_h/?utm_medium=tumblr

The rise in crypto currency investment and trading has brought incredible gains to many people. It is important to ensure that accurate taxation is done to avoid any problems with HMRC. At TaxQube, we are helping the crypto community to stay on top of relevant taxes. ✅ Technical expertise to deal with various types of income and gains that includes staking, farming, spot trading and long terms investments. ✅ Accurate record keeping and making sure that you are covered from any investigations from HMRC, they can go back several years so, it is always good to have your records ready when they ask. ✅ Ongoing technical and advisory support to the crypto community that includes advising on suitable structures based around your goals. Have a question? Our contact details can be found on our website - www.taxqube.co.uk . #software #construction #crypto #creatives #influencer #researchanddevelopment #medical #taxcredits #ukmanufacturer #tech #engineering #xero #taxqube #hmrc #quickbooks #acca #icaew #taxadvisers (at London, United Kingdom) https://www.instagram.com/p/Cal9ZOOthng/?utm_medium=tumblr

Starting and managing a business could be a daunting task. However, accounting is the global language of business, at the end of the day, numbers must make sense. Over the years, we have helped our clients to understand their numbers. ✅ Technical expertise to support systems and processes in your business. We enable machine to machine communication where possible to streamline tasks and save your money. ✅ Making sure that you are covered from any investigations from HMRC, they can go back several years so, it is always good to have your records ready when they ask. ✅ Ongoing technical and advisory support to provide clarity when you have a question. Have a question? Our contact details can be found on our website - www.taxqube.co.uk . #software #construction #creatives #influencer #researchanddevelopment #medical #taxcredits #ukmanufacturer #tech #engineering #xero #taxqube #hmrc #quickbooks #acca #icaew #taxadvisers (at London, United Kingdom) https://www.instagram.com/p/CZO6L3uNnOl/?utm_medium=tumblr

For Doctors, IR-35 has changed the tax liabilities significantly. Whether you are in a private practice or working through an agency, we often see that finances and taxes are not managed properly. We could help in the following areas; ✅ Claiming expenses applicable to your specific circumstances. Taking care of your affairs and official representation. ✅ Provide Tax advisory solutions to help plan for the future and grow your wealth. ✅ Ongoing technical and advisory support to provide clarity when you have a question. Healthcare professionals find our services helpful in organising and managing finance. Contact us today if you require professional representation. Have a question? Our contact details can be found on our website - www.taxqube.co.uk . #software #construction #creatives #influencer #researchanddevelopment #medical #taxcredits #ukmanufacturer #tech #engineering #xero #taxqube #hmrc #quickbooks #acca #icaew #taxadvisers (at London, United Kingdom) https://www.instagram.com/p/CZMFU9BtrAD/?utm_medium=tumblr

Our clients can benefit from using our business address in London. From just £12.5+vat a month (paid yearly), you can establish your presence in London with daily post management. ✅ Great business address in London that protects your privacy. ✅ Daily post management with automatic processing of official company related post. ✅ Ability to divert all correspondence to our office including company director’s address. Businesses that use residential address are not seen professional and it undermines privacy. Our simple pricing and packages make it easy for you to find a new house for your limited company. Have a question? Our contact details can be found on our website - www.taxqube.co.uk . #software #construction #creatives #influencer #researchanddevelopment #medical #taxcredits #ukmanufacturer #tech #engineering #xero #taxqube #hmrc #quickbooks #acca #icaew #taxadvisers (at Great Portland Street) https://www.instagram.com/p/CZGtvyctqQu/?utm_medium=tumblr

Employers can apply for a payment of £3,000 for new apprentices with an employment start date from 1 October 2021 to 31 January 2022. The payment is made in 2 equal instalments for each apprentice. To be eligible, the apprentice must complete: ✅ 90 days of their apprenticeship for your first payment ✅ 365 days of their apprenticeship for your second payment The apprentice scheme will complete checks, including cross-referencing the apprentice details with the PAYE information. If the application is eligible, The apprentice scheme will process the payments. Have a question? Our contact details can be found on our website - www.taxqube.co.uk . #software #construction #creatives #influencer #researchanddevelopment #medical #taxcredits #ukmanufacturer #tech #engineering #xero #taxqube #hmrc #quickbooks #acca #icaew #taxadvisers (at London, United Kingdom) https://www.instagram.com/p/CY3UCmyNlan/?utm_medium=tumblr