Starting in business or running one? Is your new or existing business a trade, a business or an investment activity? The differences between a trade, business and investment is very important for
Starting in business or running one? Is your new or existing business a trade, a business or an investment activity? The differences between a trade, business and investment is very important for
Sole Trader vs Limited Company: Tax Differences & Savings (2023/24) Sole Trader vs Limited Company: Which is right for you? It is common question for startups. What are the key differences in running
Tax scams: HMRC offers tips on avoiding Self Assessment scams HMRC is giving information to taxpayers to help them avoid scams ahead of the Self Assessment deadline. HMRC is warning millions of
Distribution of assets: Insolvency hierarchy changes From 6 April 2020, insolvency legislation will be amended to move HMRC up the creditor hierarchy for the distribution of assets in the event of insolvency by
New measures to ensure SMEs get paid on time The government has announced a package of measures to ensure SMEs get paid on time. Under the proposals large businesses could be fined
Latest update for employers HMRC has issued Employer Bulletin (February 2019) which includes a number of interesting articles on: End of year reporting Reporting expenses and benefits Student Loan notices and a
Minimum Wage increases The National Minimum Wage (NMW) and National Living Wage (NLW) are the legal minimum wage rates that must be paid to employees. Employers are liable to be penalised for
HMRC countdown: file your tax return With less than 100 days until the self assessment tax return deadline of 31 January 2019, HMRC is urging taxpayers to complete their tax returns early,
For those individuals who have previously submitted ‘paper’ self assessment tax returns the deadline for the 2017/18 return is 31 October 2018. Self assessment tax returns submitted after that date must be
Tax diary: All the main tax events for March / April 2018 Welcome to this month’s Tax Diary, providing you with all the main tax events for the next couple of months