Unlike people in traditional employment, self-employed people in the United Kingdom are responsible for management and paying of their own taxation. This typically means that they have to make a […] more»
When you’re working as a contractor, you may regularly find yourself being asked how you intend to provide you service to your clients. This means whether you intend to contract […] more»
In the past, when a person made the decision to sell a property in its entirety or partially, such as subdividing your large garden, you would have had Capital Gain […] more»
Commonly people may be taxed when they have not earned their tax-free allowance yet, and then believe that they have been taxed incorrectly. On occasions it may be due to […] more»
National Insurance is a compulsory contribution that employers and employees make to the UK government. It helps to pay for the NHS, social care, pensions and various other parts of […] more»
Paying cash in hand to employees in cash is a legal and legitimate way of paying salaries. There are many benefits of dealing in cash payments for both employers and […] more»
As small businesses begin to grow, there becomes a point where they must register for VAT. This means charging an additional percentage on top of the sale price of their […] more»
If you have any outstanding tax bills with HMRC, but know that you will have difficulties paying any or all of the amount that is owed, you must contact HMRC […] more»
When you’re acting as a sole trader, it’s vital that you have an in depth understanding of the legislation that applies to your business. This includes tax, VAT and other […] more»
It’s now five months since the introduction of the IR35 tax and already it’s clear that there are lots of new challenges for businesses to be aware of when it […] more»
