15th March 2021 12:11 pm
Why is having a NI number important? Your NI number is your unique identifier within the UK’s social security system. If you’re liable to pay National Insurance contributions, want to pay them voluntarily, or if you wish to claim tax credits, welfare benefits or apply for a student loan –…
28th February 2021 19:01 pm
The deadline for your VAT return is generally 1 month and 7 days after the end of a VAT reporting period. Completing a VAT return approx. every 3 months will determine how much VAT is due. This lets HMRC know the figures of your total sales and purchases in the…
20th February 2021 13:25 pm
Due to the COVID-19 pandemic, all VAT registered businesses had the option available for their VAT payments to be deferred automatically for amounts due in the periods from 20th March to 30th June 2020. No interest or penalties have been charged on that outstanding VAT debt, and businesses have been…
18th February 2021 12:21 pm
What happens now? After Brexit, transactions between VAT-registered businesses between the UK and EU countries will be treated as foreign transactions and reverse charge will not apply. Previously, the reverse charge was applied to all products and certain services between UK and EU businesses. Transactions between Northern Ireland and the…
30th May 2019 11:58 am
You’ve got self-employed, apprentices, interns, freelancers, contractors, temps, employees… While there are many crossovers and similarities between these, there are key differences when it comes to the employment rights and benefits each type of worker is entitled to. With IR35 on the horizon it’s become a hot topic! You may…
