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About Diana Hurta

Founder / CEO at DH Accounts & Legal Ltd.

Working Tax Credit – Extra money for people in work on a low income in UK

Working Tax Credit – Extra money for people in work on a low income in UK

Working Tax Credit (WTC) is a state benefit in the United Kingdom paid by HMRC to support people who are working and on a low income. It does not matter whether you are an employee or self-employed. In addition, people may also be entitled to Child Tax Credit (CTC) if they are responsible for any children. The basic amount of WTC is up to £1,960 a year – could get more (or less) depending on circumstances and income. Do not miss opportunity to top up your income. Who can get You can get WTC if you or your partner are working enough hours a week and your income is low […]

Virgin Media Business Voom 2016

Virgin Media Business Voom 2016

VOOM 2016   We are Pitching in #VOOM 2016 and we would like to ask you if you could support us.     What is #VOOM   This is a chance to pitch to Richard Branson and win a share of £1 million (€1.2 million) in prizes – as well as a trip to Necker Island and mentoring at 10 Downing Street. Plus, a whole raft of money-can’t-buy opportunities. Over 14 weeks, the competition will include a huge public vote, a 29-hour Pitchathon (a Guinness World Records attempt, in fact), and a series of competitive face-to-face workshops. Plus, of course, a big finale featuring Richard.   Why are we pitching […]

Tax Return: Who needs to complete

Tax Return: Who needs to complete

The tax year in UK is from 6 April to 5 April the following year. Self Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax. Tax is usually deducted automatically from wages, pensions and savings. People and businesses with other income must report it in a tax return. Who must send a tax return You’ll need to send a tax return if, in the last tax year:   you were self-employed even though the tax due may in fact be ‘nil’ you were a company director you got dividends from shares you had income from abroad that you needed to pay tax on you lived […]

10 Changes from April 2016 which may affect you

10 Changes from April 2016 which may affect you

1. The National Minimum Wage will be increased to £7.20 per hour for those 25 or over. 2. The Personal Tax Allowance, the amount you can earn before paying income tax, will be increased from £10,600 to £11,000. 3. The Higher Rate Threshold will increase from £42,385 to £43,000. 4. The Employment Allowance will increase from £2,000 to £3,000. 5. To make it cheaper to employ young people, from April 2016 employers will not have to pay National Insurance contributions (NICs) for all but the highest earning apprentices aged under 25. 6. The new State Pension will be increased £119.30 from to £155.65 per week. 7. The income rise disregard […]