Director minimum salary levels 2017-18
Many director shareholders take a minimum salary and any balance of remuneration as dividends. This tends to reduce National Insurance Contributions, and in some case
Many director shareholders take a minimum salary and any balance of remuneration as dividends. This tends to reduce National Insurance Contributions, and in some case
Making Tax Digital (MTD) is the government’s latest attempt to fully digitise the process of collecting data from taxpayers so they can speed up the
1 August 2017 – Due date for Corporation Tax due for the year ended 31 October 2016. 19 August 2017 – PAYE and NIC deductions
It is possible to claim for the cost of repairing or replacing small tools you need to do your job as an employee (for example,
There is a government department, the Office for Tax Simplification (OTS), that has been charged with investigating ways that the UK’s tax rules can be
The deadline to renew a claim for tax credits is 31 July 2017. This time last year, HMRC announced that over 400,000 claimants had still
Making Tax Digital Until a recent announcement, landlords were going to be drawn into the requirement to upload quarterly details about their property businesses to
The government is unveiling new rules that will mean card-charging in Britain – where people can be charged 20% extra for purchases like a flight
To accommodate the May 2017 election, the government rolled-over items in the Mach 2017 budget for consideration later this year. HMRC have now confirmed that
Making Tax Digital (MTD) is the government’s latest attempt to fully digitise the process of collecting data from taxpayers so they can speed up the
If you are self-employed, or registered for self-assessment, we are approaching “that” time of the year: your second instalment on account for 2016-17, is due
There seems to be a trend supporting the movement of our computer software and data to the “cloud”. Not the fluffy white variety, but servers
Surprisingly, there is quite a lot. As long as you are resident in the UK for tax purposes you will probably qualify for the following
We are often asked to judge whether it’s better for a business to be run as a sole trader, or incorporated as a limited company.
There is evidence that HMRC’s Making Tax Digital (MTD) implementation team are working with advisors and their clients to beta test the computer systems that