The Requirement to Correct (RTC) legislation requires those people with undisclosed overseas earnings to declare their tax liabilities to HMRC by the end date of 30th September 2018. This includes [...]
If you are trying to retain employees or earn their goodwill by giving them incentives than you are not alone as giving gifts to employees is being increasingly employed by all corporates. But then [...]
What is a Patent Box? Patent Box is a valuable and largely appreciated initiative by the UK Government to provide extra incentives for the companies in the UK to preserve and commercialise the [...]
Apprenticeship Levy What is Apprenticeship Levy? In the UK the employers are charged with the Apprenticeship Levy to fund new apprenticeships. The levy that is charged is only at the rate of [...]
Introduction Employee Ownership Trust (EOT), special form of benefit provided to the employee of any corporation initiated by the Government in September 2014. It is an effort to inspire more [...]
With Holding Tax (WHT) also refers as a Retention Tax, is a kind on income tax paid to the government by the employer and the credited withheld amount against the income tax is paid by the employee [...]
You can easily find information of those people who have signed agreement to handle their debts in Wales and England or those people who have become bankrupt. By checking the Individual Insolvency [...]
To pay the PAYE of employers’ - From the account of your bank, you can transfer the amount by Bacs, CHAPS, and faster payments. [...]
Jensal Software Ltd’s win over HMRC in the IR35 case comes as a huge relief for the contractors in the public sector who are pressurized by HMRC to pay back taxes. This win for the contractor [...]
Even after a lot of controversies surrounding its previous rule on Off-Payroll working in public sector, HMRC has decided to release consultation document for off-payroll in private sector. It was [...]