Planning the Christmas celebrations
If you are involved in planning the staff Christmas party for your firm don’t forget to consider the Income Tax and VAT consequences. Here’s a
If you are involved in planning the staff Christmas party for your firm don’t forget to consider the Income Tax and VAT consequences. Here’s a
The Government has announced changes that should standardise, and in most cases reduce, the charges made to administer funds on behalf of contributors. Draft regulations
If you let a room or rooms in your main home you will not pay any tax on rents received as long as the gross
HM Revenue and Customs has sent notices to tax avoidance scheme users to pay over £250 million of disputed tax under the Accelerated Payments
There can be savings, particularly for employers, if a worker can be paid as a self-employed person. This is particularly so in the construction industry
Paid annual leave is a legal right that an employer must provide. Almost all workers are legally entitled to 5.6 weeks’ paid holiday per year
Apart from the retail trade and internet traders most of us send an invoice when we provide our goods or services to customers and then
If you have been trading for some time before you register your business for VAT don’t forget to consider your option to reclaim VAT on
The government has announced a clamp-down on the decade-long use of ‘hybrid mismatches’, a technique commonly used by multinational companies to significantly reduce their tax
If any of your Construction Industry (CIS) returns are filed one day late, HMRC will charge an initial fixed penalty of £100. Additionally, if they
This month sees the launch of a new service that provides a personalised written estimate of what you can expect to receive under the new
Farm animals are usually dealt with for tax purposes as trading stock: the costs of animals are deducted from monies received when the animals are
A move by the US Treasury to close loopholes that encourage US companies to merge with foreign firms and relocate their tax residences offshore could
From 6 October 2014, HMRC was due to include smaller employers in the penalty regime for late filing of Real Time Information (RTI) payroll returns
There are a number of reliefs available to owners or tenants of smaller business premises. This article lists a number that can be claimed. Small