Taxation

Everything you need to understand about HMRC Income tax

Even if your professional accountants in Glasgow did not tell you that HMRC Income Tax is trickier and complex to understand, you would know it for certain. In a nutshell, the tax is understood as the tax you need to pay on your income. However, it must be understood that tax is not paid on… Continue reading Everything you need to understand about HMRC Income tax

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Taxation

VEHICLE TAX in UK – Register the vehicle as SORN

Pre-requisite for a vehicle tax are: V5C vehicle logbook V85/1 for a Heavy Good Vehicle (HGV) V5C/2 for a new vehicle that has just been bought If a vehicle owner does not have any of these, then they need to apply for a brand new V5C. To get a new vehicle logbook, the owner will… Continue reading VEHICLE TAX in UK – Register the vehicle as SORN