March 10, 2023 – Taxtotal

What is a P 800 refund or notice? A Concise Guide.

Noel Sebastian / March 10, 2023

As taxpayers, we are all familiar with the anxiety and stress that come with the annual tax season. The process can be overwhelming, especially when we receive confusing notifications from HM Revenue and Customs (HMRC). One such notice is the P 800 tax calculation. Many taxpayers do not understand the implications of receiving this notice, which can lead to further complications down the line. In this article, we will provide a comprehensive guide to understanding the P 800 tax calculation refund, its significance, and what to do if you receive one.

Can a Sole Trader Be VAT Registered? Everything You Need to Know

Businesses in the UK charge Value Added Tax (VAT) on goods and services they provide. It is a complex tax that can be difficult to navigate, especially if you are a sole trader. As a sole trader, you may be wondering whether or not you need to be VAT registered. This article will explore whether or not a sole trader can register for VAT and the benefits and drawbacks of doing so.