by yasiradnan94 | Apr 30, 2019 | Accounting, Advice, Business, Contractors, FAQs, News, Small Businesses
New rules for payslips were introduced from the 6th April 2019. There are two specific main changes being implemented. Read on to find out more on how these new rules may impact you. New rules for payslips took effect on 6 April 2019. There are two main changes. As...
by yasiradnan94 | Feb 26, 2019 | Accounting, Advice, FAQs, Financial planning, Landlords, Property, Tax planning
The level of profit generated by a rental portfolio is what determines whether a landlord has to complete a tax return. Read on to find out HMRC’s guidance on the topic. Whether or not a landlord needs to complete a tax return would depend on the level of...
by yasiradnan94 | Jan 15, 2019 | Accounting, Advice, FAQs, Financial planning, News, pensions, Tax planning
The state pension was introduced in 1948. This is important as it is the earliest date you can claim your state pension and it depends on your date of birth. NI Payments Once you attain state pension age you no longer need to pay national insurance on salary. This...
by yasiradnan94 | Oct 22, 2018 | Accounting, Advice, Business, FAQs, Financial planning, News, Tax planning, VAT
The status of your employment goes a long way in dictating your tax obligations and the relevant expenses and losses that are legally deductible. Your employment status is important because it dictates your tax obligations and what losses and expenses you can...
by yasiradnan94 | Sep 10, 2018 | Accounting, Advice, FAQs, Tax planning
Recent Government introduction of Tax Free Childcare has led to parents assessing their current arrangements. There is still a lot of confusion regarding which option may be best suited to individual circumstances. ‘tax free childcare’ From 2017, the...