How Will the Budget 2018 Affect North West Businesses?
How Will the Budget 2018 Affect North West Businesses? In a speech lasting 72 minutes, Chancellor Philip Hammons delivered his third budget as chancellor. The analysis is now in and we can reveal how the budget affects businesses across the…
Making Tax Digital – What it Could Mean for Your Business
Making Tax Digital – What it Could Mean for Your Business You may have heard of ‘Making Tax Digital’, a plan by the UK Government to make tax easier for sole traders, individuals and businesses to get their taxes right.…
HMRC Scam and Phishing Emails
HMRC Scam and Phishing Emails HMRC have issued a number of warnings about false texts and emails claiming the recipient is due a tax rebate or they need to speak to you urgently simply to obtain personal details. The…
How can you spot that your customer is struggling to pay?
How can you spot that your customer is struggling to pay? There are multiple red flags you can look for is your customer might be in financial difficulties, below are a few tips on what to look for: - 1.Excuses and…
A Tax Guide for The Holidays
A Tax Guide for The Holidays Chances are as an employer you'll be providing a few benefits for your employees this year. This could include from office parties, to generous bonuses, or a nice holiday turkey. So this all begs…
Criticism Follows Perceived Power Grab by HMRC
RPC has criticized HMRC saying they've failed to use the powers it already has and is now pursuing further powers, citing Conduct notices as an example. Their a powerful weapon those conduct notices. They use them bring tax evading “high…
SDC – The HMRC Challenge
Three ways the Revenue raises the SDC hurdle There are actually additional hurdles to overcome on this SDC test that make things even trickier, rendering the above definition as only half of what you need to know. Three of those…
Making Tax Digital – The Big Plan!
The tax system is undergoing something of a revolution with the new system HMRC is implementing. HMRC is striving to simplify the system and provide quicker access to taxpayers and business people who need it most. Already they are…
IR35 Explained
Basically IR35 has an affect on contractors who don't meet HMRC criteria in order to be deemed “self-employed” by their definition. This rule can mean an increase in tax rates as well as N.I liability and further will stop…