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Showing posts from July, 2025

How to Claim Tax Relief for Your Job Expenses

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If you find yourself working from home for all or part of the week, you may be eligible to claim tax relief for additional household costs. This can include expenses related to your work, such as business phone calls or gas and electricity used in your work area. However, it's important to note that you cannot claim tax relief if you choose to work from home or if your employment contract allows you to work from home. The amount you can claim varies depending on your circumstances, and you may need to provide evidence such as receipts or bills. In this comprehensive article, we will discuss how you can claim tax relief for your job expenses . Take advantage of this opportunity to potentially reduce your tax burden and make the most of your job expenses. Working from home If you have to work from home for all or part of the week, you may be eligible to claim tax relief for additional household costs. This can apply if your job requires you to live far away from your office or if yo...

Capital Gains Tax Service

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At Alexander Ene, we specialize in providing expert capital gains tax service, ensuring our clients maximize their savings and comply with all relevant regulations. With over 25 years of experience, our team of chartered certified accountants uses cutting-edge technology to offer precise and reliable guidance. Whether you’re selling property, shares, or other valuable assets, we’re committed to helping you understand your tax obligations and explore every avenue to minimize your liability. Our transparent pricing and fixed fee quotes mean you can trust us to handle your financial needs without any unexpected costs. OUR MAIN FEATURES 25 Years Expertise Fixed Fee, No Surprises Advanced Accounting Technology Serves London Area Trusted Certified Accountants Guiding Your Numbers, Securing Your Success HOW CAN WE HELP? At Alexander Ene, we recognize how steering through capital gains tax can be complex and overwhelming. Serving London, we’re here to offer our expertise to guarante...

Tax Codes Made Easy: Unlock Financial Clarity Today

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Ever found yourself looking at your payslip, puzzled by those seemingly arbitrary numbers and letters that form your tax code? Understanding your UK tax code is crucial as it directly impacts how much Income Tax you pay, yet many people find it confusing. Let’s take a friendly walk through the world of UK tax codes to help you grasp what they mean, how they work, and what actions you might need to take if there's a change. What Your Tax Code Means Decoding the Basics Your tax code isn't just a random string of characters—it’s actually a straightforward way for the tax authorities to inform your employer or pension provider how much tax to deduct from your income. Essentially, it determines how much of your income is tax-free and how much is taxable, which can affect your overall take-home pay. Breaking Down Tax Codes: Numbers and Letters When you see the numbers and letters in your tax code, they each have specific meanings. For example, the current standard tax code for most ...

Guide to getting Your certificate of tax residency

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Have you ever wondered how you can prove your tax residence status in the United Kingdom? Understanding how to apply for a Certificate of Tax Residency in the UK can be a valuable process for anyone with ties to more than one country, whether through personal or business ventures. It's a straightforward process, but there are key steps and considerations you need to be aware of to ensure a smooth application.   Introduction to the Certificate of Tax Residency Before diving into the application process, it's crucial to understand what a Certificate of Tax Residency (CTR) is and why you might need one. This certificate is essentially a document issued by HM Revenue and Customs (HMRC) to confirm your status as a tax resident in the UK. It helps in situations where you have income or gains from another country, ensuring that you benefit from any tax treaties the UK has with those countries. This could potentially reduce your tax liabilities abroad. Why You Might Need a CTR A certif...

Best Mileage Tracking Apps For HMRC Mileage Allowance Claims

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Ever wondered how you can streamline your mileage tracking for HMRC claims effortlessly? Keeping tabs on every mile you drive for work can be tedious, but it's crucial for ensuring you get your full mileage allowance. Luckily, there are several apps designed specifically for this purpose, helping you save time and possibly money. Let's discuss the best mileage tracking apps available in the UK to make your HMRC Mileage Allowance claims as straightforward as possible. Understanding Mileage Allowance and HMRC Guidelines The mileage allowance from HMRC is a reimbursement provision which allows you to claim for business miles driven in your personal vehicle. The current rate, as of 2025, for cars is 45p per mile for the first 10,000 miles and 25p per mile thereafter. This allowance is intended to cover the cost of fuel, maintenance, wear and tear, and other related car expenses, which would otherwise make a significant dent in your personal finances. HMRC requires you to maintain ...

HMRC Mileage Allowance

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Eever wondered how to make the most out of your work-related travel expenses? Understanding the HMRC Mileage Allowance might be just the thing you need to simplify your claims and ensure you’re getting the best out of these allowances. If you're unfamiliar with the nuances of mileage allowances, this guide will help provide clarity and direction on how to handle these expenses efficiently and accurately. What is the HMRC Mileage Allowance? The HMRC Mileage Allowance, administered by Her Majesty’s Revenue and Customs in the UK, is a scheme that allows employees to claim expenses for using their personal vehicles for business purposes. It’s a way to compensate employees for the fuel, wear and tear, and other costs associated with using their car for work. Understanding the specifics of this allowance can help you manage and record these expenses correctly, aiding you in staying compliant and potentially saving money. How Does the Mileage Allowance Work? Mileage Allowance Payments (MA...