The provision of clothing to yourself or your employees is not a tax deductible expense. If you provide clothing it must be declared as a benefit on a P11D and Class 1A National Insurance Contributions will be paid. Your employee's tax code wil…
HMRC guidelines have changed for registering your business with them. Previously you had three months to register before being subject to a penalty for not registering within this time but now HMRC ask you to register as soon as possible or by 5 Oct…
From April 2015 your liability to pay Class 2 National Insurance Contributions (NICs) as a sole trader or self-employer person will be assessed annually when you submit your self assessment tax return. Payment will be made at the same tim…
There is a vast array of accounts software available for keeping your accounts which can be overwhelming if you don't know what you need to do or the best way of doing it. When you set up a business you need to record your tr…
This month saw the launch of our HR advice line for our clients. Sometimes we are asked questions that need to be answered by an HR specialist
