Coronavirus – Self Employed Income Support Scheme
If you are self employed and have been submitting tax returns for the last 3 years, you may be eligible to claim a self-employed income... Read More
VAT (Moss) Changes
Check UK VAT numbers After Brexit, you will be able to check if a UK VAT number is valid by using the UK’s VAT checking... Read More
OTS calls for review of PAYE system
In a new report, the Office of Tax Simplification (OTS) has called for the Pay as You Earn (PAYE) system to be reviewed, to ensure... Read More
Class 2 NI Scrapped
If you have recently become self employed you will normally have to pay Class 2 NI contributions depending on how much profit you make. HMRC... Read More
Payroll Services – What To Look For
Most small businesses will outsource their payroll work to a payroll services provider who will take care of everything from producing payslips to processing HMRC... Read More
Annual Investment Allowances
Well before the end of the next tax year in April 2019, thought could be given to maximizing capital allowance and therefore reduce profitability in... Read More
Capital Allowances – A real advantage.
If you run your own business HMRC will allow you to deduct capital allowances to recognize the value of new assets you purchase to run... Read More