ICONOS FINALES-TRAZADOS

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Income tax calculator

The introduction of special tax allowances, rates and rate bands which interact differently depending on your level and type of income has made the calculation of income tax liability far from straightforward. Our calculator can be used to work out your income tax liability, and can be used where you receive any combination of earnings, savings income, dividends and most other types of income. It will also calculate any adjustment required to finance costs relating to letting income.
VAT number checker

You are only entitled to reclaim VAT on purchases where the supplier is registered. When buying from a business for the first time it’s a sensible precaution to check that they have a genuine VAT registration.
VAT flat rate scheme tool

HMRC offers a simplified scheme for small businesses to work out and account for VAT. This can offer a financial and administrative advantage.
Property rental tax planner

The planner is a tool for projecting and comparing the tax liabilities and estimated return on a let residential property owned personally or through a company. It takes account of adjustments needed in respect of tax relief for interest paid on loans used to purchase or improve a let property.
New employee tax code checker

Before you pay a new employee it’s necessary to decide the correct tax code to use. This involves a number of factors starting with whether or not they have a P45. In the worst case scenario using the wrong code could result in HMRC looking to you, the employer, to pay any shortfall in tax.
Maximum National Insurance contributions calculator

If you earn income from more than employment or self-employment (including a share of partnership profit) in the same tax year, you are usually required to pay NI on each. This may result in you overpaying contributions, although it’s still possible to underpay, which could jeopardise your state pension rights.