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- ...To find out if you’re working as an employee or a contractor you can use the employment status indicator tool on the HMRC’s website. If you have specific questions regarding...
- ...any deductions. When you pay the subcontractor, you will need to do the following: – calculate the deduction from their payment – Make the deduction – Record the details of...
- ...a range of prizes – including a 12 month subscription to Receiptbank. It was also the first outing for our new stand which spells out ‘ in four massive headlines...
- ...account. It’s now possible, in the right circumstances, to pay yourself interest on the loan – and get it tax free. For example, if your company owes you £30,000 it...
- ...they mentioned a product called ‘Relevant Life Cover’ that I hadn’t come across before. It works like ‘Death-in-Service’ benefit but is applicable to companies that are too small to have...
- ...31 July 2016 and you’ve still not filed then another £300 will be added to the total. If you’re in this position, feel concerned and want some help – get...
- ...announcement of the latest campaign, this time focussing on those within PAYE who receive a second untaxed source of income. Some common examples of second incomes cited by HMRC include:...
- ...your business did for itself 4.Include any zero-rated items – only exclude VAT-exempt sales, and goods or services you supply outside of the UK. 5.Remember that any services you supply...
- ...no repayments will need to be made in the first 12 months. After 12 months the interest rate will be 2.5% a year. It is 100% government guaranteed. You can...
- ...with HMRC on a daily basis and here’s our view of how things are developing:- 1. Greater levels of compliance are being demanded. For example, the new RTI system imposes...
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