Money Management Tips » Taxes

Missing the January 31 Tax Deadline Carries Penalties! Act Fast!!

Niyi Adeoshun — Mon, 31 Jan 2011 13:19:22 +0000

Today is the 31st of January and midnight tonight is the deadline for filing your taxes for the 2009/10 tax year. This deadline applies to people who have to file a self-assessment tax online each year, the self-employed and those with more than one source of income. Failure to comply with the January 31st tax [...]

Missing the January 31 Tax Deadline Carries Penalties! Act Fast!! is a post from: Money Management Tips by Niyi Adeoshun

UK’s New Christmas Day Pastime

Niyi Adeoshun — Fri, 14 Jan 2011 20:56:16 +0000

It has been widely publicised that this past Christmas has been a mixed bag of fortunes for different industries all over western world. While some holiday companies and retailers are lamenting the reduction in ‘footfall’ and hence profit due to the unprecedented snowfall others are patting themselves on the back because of sale increases form [...]

UK’s New Christmas Day Pastime is a post from: Money Management Tips by Niyi Adeoshun

What Will The UK ‘Hung Parliament’ Mean To You?

Niyi Adeoshun — Fri, 07 May 2010 14:25:23 +0000

The British electorate went to the polls yesterday hoping to elect a new set of MPs to govern the United Kingdon. As of this morning, we seem to be heading for a Hung Parliament. A hung parliament is one in which no party has an overall majority, which means no party has more than half [...]

What Will The UK ‘Hung Parliament’ Mean To You? is a post from: Money Management Tips by Niyi Adeoshun

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‘Sin’ Tax Avoidance Made Easy

Niyi Adeoshun — Mon, 19 Apr 2010 12:09:00 +0000

At Church yesterday, my Pastor, Rev Richard Jama, during his message for the day, made a statement which prompted me quickly put on my ‘money management cap’. He said “Sin is expensive; it is more expensive to live a sinful life than to live a righteous one”. Not only in the eventual consequences of your [...]

‘Sin’ Tax Avoidance Made Easy is a post from: Money Management Tips by Niyi Adeoshun

Stupid Tax #4 – Get A ‘Refund-Anticipation’ Loan!

Niyi Adeoshun — Fri, 09 Apr 2010 13:26:04 +0000

To many people getting a tax refund is as if they’ve won the lottery (not that i advocate playing that). They behave as if it is new money. Wake up! this is your money that the government has been using free of any charge from you. The worst part of this kind of thinking is [...]

Stupid Tax #4 – Get A ‘Refund-Anticipation’ Loan! is a post from: Money Management Tips by Niyi Adeoshun

Stupid Tax #3 – Paying Your Tax With High-Interest Credit Card.

Niyi Adeoshun — Thu, 08 Apr 2010 11:44:07 +0000

Truth be told, what you owe the Taxman – the Taxman will get! But to use a high-interst credit card to pay the taxes may not make too much sense. Although paying this way is a still better than not paying your taxes at all, but you should not just plunge into further debt to [...]

Stupid Tax #3 – Paying Your Tax With High-Interest Credit Card. is a post from: Money Management Tips by Niyi Adeoshun

Tax Refund Notification Scam

Niyi Adeoshun — Wed, 07 Apr 2010 15:15:03 +0000

Anytime there is a tax deadline somewhere in the world, out come all sorts of phishing emails sent to defraud people of their hard-earned money. Just today i got one the screen image is shown below: The URL for the “refund request” led to: http://www.marykellykilims.co.nz/includes/hmrc/refundportal.htm – which is obviously not the Taxman’s website. The Inland [...]

Tax Refund Notification Scam is a post from: Money Management Tips by Niyi Adeoshun

Income Tax or “Stupid Tax”

Niyi Adeoshun — Tue, 06 Apr 2010 10:31:35 +0000

Look around anywhere and you can certainly get the feeling that the tax season is here again as it always does every year. If you wake me up from sleep and demand to know about taxes from me, i will ask you “which one – Income or Stupid?”. Understanding taxation requires more than a genius [...]

Income Tax or “Stupid Tax” is a post from: Money Management Tips by Niyi Adeoshun