Is this end of Cost of Travel from home to work for Contractors and Freelancers? As a self employed contractor or small business owner and working from home one of the major expense which you claim [...]
Spring Budget 2014, Savers are the Winners The positive move in the economy should uplift business and investment in the UK. According to the Chancellor, the UK is the fastest growing economy in [...]
New Tax-Free Childcare scheme to be increased to up to £2,000 per child and extended to all children under 12 within the first year. Who can take advantage of Tax-Free Childcare? In the last [...]
Are You Self-Employed and Working as a Sole Trader? The concept of a company was created by someone very smart many be centuries ago. This someone wanted to take advantage of the upside of running [...]
The short answer to the question in the heading is, YES, because the Treasury’s final guidance to public bodies about how they should process "off-payroll" payments to freelance and limited-company [...]
Key Points You Need to Know When Buying a Company Car Clients often ask whether it is tax efficient to buy a car through the company. The answer is, it can be, but the amount of tax relief is [...]
HMRC was awarded nearly £1 billion by government to improve its arsenal to tackle tax fraud and evasion in the UK. Under new powers which came into force of September 2013, HMRC hopes to: 1) to [...]
About Business Entity Tests Business Entity Tests (BETs) were introduced in 2012 and designed for contractors and freelancers to estimate the likelihood of their contract and day-to-day practices [...]
Employers to get an employment allowance of up to £2,000 as a contribution towards employers NI allowance. A big relief for small business and contractors. Personal allowance to increase to [...]
Take a recent story about a couple from Cheshire. They left the UK to live abroad more than a decade ago and claimed that they returned to England as visitors to see friends and family, but never for [...]