A tribunal judge has rejected HMRC’s CEST results, where the employment of a Met Office contractor was wrongly classified falling under IR35. Here is everything you should know about this [...]
Beginning Apr-18, Land Transaction Tax (LTT) replaced the United Kingdom Stamp Duty Land Tax (SDLT) in Wales. In a similar manner like SDLT, Land Transaction Tax will have to be paid when an [...]
Approval from Shareholder (usually by normal resolution) is obligatory for loans in addition of £10,000 (the maximum is £50,000 in case the loan amount is to meet expenses on company [...]
Beginning 5-Oct-15, big shops/retailers in England began to charge five pence or 5p on every single plastic carrier bag the shopkeepers provided. The United Kingdom government aims to protect [...]
What is Bedroom Tax? The United Kingdom government, in Apr-13, introduced a tax on additional bedrooms for individuals residing in housing association property. The Bedroom tax, introduced [...]
Small Business Bonus Scheme: The Things that you need to know You can get business rates relief through the Small Business Bonus Scheme if: the combined rateable value of all your [...]
Taxes on Accommodation Units If you are an employee and you stay at an accommodation that your employer has provided for you, you have to pay taxes on it. When it comes to taxation, there is [...]
What is U1 Form? The U1 Form certifies your periods of insurance or employment or self-employment in another EU country. This is taken into account while awarding you unemployment [...]
You need to register for VAT if you are in the process of starting a new business, wish to register for an existing business or taking over an existing business. There are two ways in which you can [...]
VAT Deregistration: What you Need to Know? You must cancel your VAT registration if you are no longer eligible to be VAT registered. This can occur when you: Stop trading or making [...]