Thursday, November 21, 2024

News

Here is a collection of every article on the Self-Assessment Hub website. 

General Information

A comprehensive guide to registering for self-assessment in the UK

Self-assessment is a system used by Her Majesty’s Revenue and Customs (HMRC) to collect Income Tax from individuals with non-standard income sources, such as...
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Chat GPT

How much tax does Apple pay?

Recently, we have had a bit of fun using the new AI tool that has taken the internet by storm – Chat GPT. With...
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Chat GPT

What are the most common methods multinational corporations use to reduce their tax liability?

It’s no secret – many of the biggest multinational corporations in the world are very sneaky and find creative ways to reduce their tax...
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Chat GPT

What is the biggest tax penalty a company has faced?

It always grabs our attention when major corporations make the news because they're in trouble. Therefore, what is the biggest tax penalty that a...
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Chat GPT

What are some of the biggest examples of tax fraud ever?

We had a spare 15 minutes and wanted to find out some of the biggest examples of tax fraud ever. Rather than conduct a...
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Chat GPT

A summary of how the US tax system works

The UK tax system for employees without additional income is pretty straightforward (Pay As You Earn). However, over 10 million UK residents must submit...
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Chat GPT

Which country has the most complicated tax system and why?

Every now and then, it’s fun to test the latest tools in the industry. As such, we have decided to ask the state-of-the-art AI...
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Chat GPT

20 unusual excuses for submitting a late self-assessment tax return

Chat GPT is on everyone’s lips. The new AI tool provides remarkably accurate responses to almost every question under the sun. We had a...
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Compliance

Keeping up with the times: A comprehensive guide to Making Tax Digital (MTD)

Making Tax Digital is a UK government initiative to encourage businesses and individuals to keep their tax accounts up to date and in a...
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Compliance

When do you need to complete a self-assessment tax return?

The UK tax system can be complex, and understanding your tax obligations can be confusing. If you own a business or are self-employed, you...
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