Last week HMRC finally announced their revised plans for Making Tax Digital (MTD) after it was put on hold whilst the election process took place. Originally MTD was to be implemented for businesses over the VAT registration threshold f…
If you are earning income from a business activity you must register with HMRC as self-employed (also known as being a sole trader) and submit a self-assessment tax return annually by 31st January each year.
A busin…
If any of your employees have expenses or benefits it is time to prepare your P11D and/or P11D(b) for the 2016-17 tax year. These must be submitted by 6 July 2017 and any Class 1A NICs due on these expenses and benefits must be paid b…
Did you know that if your employee is not reimbursed for travel or things they buy for work they can claim tax relief? The tax relief is claimed online
With the new payroll year just beginning businesses have been thinking about outsourcing their payroll or changing their provider. Now is a good time to make that change.
When you are a small business with just a few employees y…