Employ people? 4 changes that will affect you!
January 19, 2020
Statement of main terms
As part of the provisions of the Governments Good Work Plan, SMTs will become a day one right for both employees and workers from 6 April 2020. Previously, employers have had two months in which to provide this to their employees, meaning that they will need to have the docu...
HMRC Tax Accounts, what are they?
July 23, 2019
Personal Tax Account
HMRC introduced Personal Tax Accounts back in 2015 and if you haven’t yet signed up for one, then perhaps now is the time to do so. It is an easy process, you just need your National Insurance number, and either your most recent payslip, P60 or passport details to cr...
Self Employed – How to get it right!
March 18, 2019
If you work for yourself, as a sole trader, you will need to register with HMRC as self-employed unless you earn less than £1,000 in a tax year. Registering will set you up for both self-assessment tax returns and the relevant National Insurance Contributions (NICs).
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Reclaim tax schemes, storing up trouble?
July 18, 2018
A client approached us this week with an interesting proposal, a scheme which they had found which could reclaim thousands of pounds in VAT. The scheme is straightforward, their suppliers (who are not currently VAT registered) recharge all of their last 4 years’ worth of i...
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