It pays to look after your staff, including ensuring they get necessary treatment for injuries incurred whilst working – these are the tax rules that impact this help
Do you use the HMRC approved starter checklist when taking on new employees? This form is not optional; all new employees should complete it even if they present a completed form P45.
As the VAT registration threshold is to be frozen at £85,000 until at least April 2022, more businesses will be drawn into the VAT net simply by increasing their prices by inflation every year.
The UK tax system is based on the independent taxation of each individual so it is difficult to reward couples for being married, but the marriage allowance attempts to do that.
The IR35 rules are designed to discourage avoidance of payroll taxes by organisations who engage workers through personal service companies (PSC)s or other intermediaries rather than taking them on to the payroll.
Employees travelling on business need to eat. Keeping track of expense claims for meals taken whilst working away from the office can involve a lot extra effort.
If you believe the adverts, accounting software is really easy to operate – but that depends on it being set-up correctly
This is our Summer 2019 Tax Briefing
There have been no changes to the percentage of National Insurance with rates set to stay the same but note the primary threshold and higher earnings limit has increased.
Important changes will come into force in April 2020 which relate to tax relief that is due on the sale of property which was previously a taxpayer’s Principle Private Residence “PPR” during any point in the period of its ownership.
With the 2019/20 tax year commencing on April 6th, there are some changes coming into play affecting individuals and businesses.
If you were persuaded to take a loan in place of
part of your pay in the past and you have not repaid it, you may now be liable to pay a new tax called the loan charge.