GoForma Articles

Guide to Setting Up a Limited Company in the UK

Setting up a limited company in the UK is a popular choice for entrepreneurs looking to protect their personal assets and gain tax benefits. Unlike sole traders, a limited company...

Capital Gains Tax in the UK - A Complete Guide

Capital Gains Tax (CGT) is a tax on the profit you make when you sell or dispose of an asset that has increased in value. Everything about Capital Gains Tax...

How to Register as Self-Employed with HMRC

Are you considering embarking on a self-employed journey in the UK? Learn how to register as self employed in the UK with our 2024 guide. Step-by-step instructions, requirements, deadlines, and...

Salary and Tax Deduction Calculator - Accurate Tax & Deductions...

Managing your finances begins with understanding how much of your salary you actually take home after taxes and deductions. Easily calculate your salary and tax deductions with our UK salary...

Capital Gains Tax Calculator - Quickly Workout Your CGT

Capital Gains Tax (CGT) is a tax you pay on the profit you make when you sell or dispose of an asset that has increased in value. Use our Capital...

Free VAT Calculator UK - Add or Remove VAT

When running a business in the UK, understanding how VAT (Value Added Tax) affects your finances is crucial for business owners, freelancers, and even individual consumers. Use our easy VAT...

Working from Home Tax Relief for Contractors

As remote work becomes increasingly common, especially for contractors, understanding how to claim tax relief for working from home is essential. Learn how contractors can claim Working from Home Tax...

Tax Efficient Director’s Salary and Dividends for 2024/25

Finding the most tax-efficient way to pay yourself as a director is crucial for maximizing your income while minimizing tax liabilities. In the 2024/25 tax year, understanding how to balance...

How to Create Personal Tax Account to Manage Income Tax

Income tax is a fundamental aspect of the UK’s taxation system, affecting nearly every resident. Understanding income tax and knowing how to manage it efficiently is crucial for financial health....

10 Tips for Filing Self Assessment Tax Return in the...

Filing your Self Assessment tax return in the UK might seem daunting at first, but with the right approach and some handy tips, it can become a manageable task. Maximize...