[ˈtæksˌpeɪə]
A Taxpayer is individual or business that is legally required to pay tax to the government. Tax can be either deducted at source or paid through a tax return.
A Taxpayer is an individual or business that is required by law to pay Tax in the United Kingdom. This tax is collected by HMRC, and the government uses money from Taxpayers to fund public goods and services like education, healthcare, etc.
Tax can be deducted at source and forwarded to HMRC. An example of this is the PAYE system. Tax can also be paid through a Self Assessment filed by an individual.
A UK Taxpayer is usually a UK tax resident but this is not always the case. For example, an individual that is a resident of a country that does not have a Double Taxation Agreement with the UK can be not a UK tax resident but may be required to pay UK tax on foreign earnings brought into the UK.
January 31st is the deadline for submitting 2022/23 tax returns. It's a good idea to complete your tax return ahead of this deadline to avoid mistakes and potential penalties. This article shows why its a good idea to submit your tax return early and how Earnr can help you if you are stuck.
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We recently introduced our newest addition to the Earnr team; our AI chat bot, Earnr AI. In this article we put Earnr AI to the test and asked it why you should use Earnr as your tax companion, bookkeeping tool and tax return assistant. Read it's excellent response!
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The festive period is often thought of as the busiest time of the year with the run up to Christmas and New Year. Whilst this period can feel hectic at times, it can also be seen as the perfect time to complete your tax return. In this article we explain why this Christmas time is the best time to submit your 22/23 tax return.
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