3rd May 2019 14:37 pm
Choosing a new software programme for your business can be an intimidating task. However, once you start paying attention to the key factors, deciding which accountancy payroll software to use becomes much more straight forward. Read on to find out what to look out for. Cloud-based or Desktop? …
20th February 2018 14:39 pm
The deadline for self-assessment passed on 31st January and therefore HMRC will assume that all tax returns have been submitted and tax bills settled. Businesses and individuals that have failed to do so could be liable for additional charges and penalties. However, if you are having difficulty paying your taxes…
16th January 2018 15:02 pm
It was confirmed last month in the government’s second finance bill that the dividend allowance will be cut from £5,000 to £2,000. This could result in contractors having to pay a dividend tax bill of up to £1,143. Phillip Hammond first spoke about the dividend cut in the Spring Budget…
23rd November 2017 14:56 pm
Top points for contractors to focus on from this year’s Autumn Statement; 1. IR35 and the Private Sector It’s a lot to digest but the first point refers to the IR35 reforms that were rolled out to the public sector at the start of the tax year 2017/18. There was…
13th July 2017 12:36 pm
The Association of Taxation Technicians (ATT) has asked HMRC to soften its proposed penalties for late quarterly submissions and payments made through the Making Tax Digital (MTD) system. MTD will be rolled out beginning on the 6th of April 2018 HMRC held a consultation on proposals for sanctions under MTD.…
