A PAYE and NICs avoidance scheme using Employee Benefit Trusts (EBTs) as a means of remunerating directors and staff has been defeated by HMRC in a recent Supreme Court case. Such schemes
Date What’s Due 1/06 Corporation tax for year to 31/8/16 (unless pay quarterly) 19/06 PAYE & NIC deductions, and CIS return and tax, for month to 5/6/17 (due 22/06 if you pay
The decision to call a snap General election on 8th June caught many of us by surprise. The various political parties have been rushing out their manifestos making all sorts of promises
In his first Budget on 8th March, the new Chancellor Phillip Hammond announced that he would level the playing field between employees and the self-employed by increasing Class 4 National Insurance Contributions
Tax diary: All the main tax events for August / September 2016 Welcome to this month’s Tax Diary, providing you with all the main tax events for the next couple of months
It was announced in the March Budget that Finance Bill 2017 will include measures to change the rules for those workers supplying their services to public sector bodies via their own company.
Tax diary: All the main tax events for May / June 2016 Welcome to this month’s Tax Diary, providing you with all the main tax events for the next couple of months
For the last two years there has been a £2,000 allowance available to employers to set against their employers National Insurance liability for the year. This increased to £3,000 from 6 April
Single director companies excluded from £3,000 NIC employment allowance From 6 April 2016 the Employment Allowance increases from £2,000 to £3,000, but if you’re the only employee in a company, and also
Portfolio
