Bloomsbury Professional Tax Insight - Withholding Tax

by Andrew Parkes

UK withholding tax is a method of collecting tax at source from the person who makes a payment instead of raising an assessment on the recipient. It is is an effective way for tax authorities (HMRC) to collect tax. It passes the administrative burden onto the person making the payment (the payer) to:

- withhold the appropriate amount of income tax from the payment

- account for such tax to HMRC

- submit returns to HMRC containing...

• Format: Paperback
• Language: English
• ISBN: 152651575X
• ISBN13: 9781526515759
• Release Date: March 2021
• Publisher: Tottel Publishing
• Length: 64 Pages