If you’re an employer providing expenses and benefits to employees, including directors, we have a range of live webinars to help you get your tax obligations right. You can ask questions during the webinars using the on-screen text box. Company directors – payroll and you: Find out about your payroll responsibilities to HMRC for directors and
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Now is a good time to look at the key changes affecting payroll for the 2019-20 tax year. Employers – what’s new for 2019-20? Join this live webinar for an overview of ‘what’s new’ – including the new rates for National Insurance, National Living Wage/National Minimum Wage and Statutory Payments, changes to expenses and benefits
Reporting expenses and benefits Don’t forget that you’ll also need to tell us about and pay any Class 1A National Insurance contributions due on any expenses and benefits your employees received during 2018-19 (including the payrolled ones). If you registered online on or before 5 April 2018, and you are using the Payrolling Benefits in
Preparing businesses for EU Exit This week we have published our latest letter to UK businesses that trade only with the EU with details of important actions they need to take and changes to be aware of in the event of the UK leaving the EU without a deal. It is our third letter to
Whether you are a new or experienced employer, there’s plenty of free, up-to-date help available from HMRC. Here are some live webinars you can join. You can ask questions using the on-screen text box: Statutory Sick Pay: We’ll show you what to do when an employee is unable to work due to illness, how to calculate
Based on recent years HMRC will potentially issue at least 1 million late filing penalties. It is important to be ahead of the game in terms of advising clients who have failed to meet the filing obligation and to be able to address disputes with HMRC. Finance Act 2009, Schedule 55 and Schedule 56 reformed
HMRC letter provides the latest guidance to businesses about the UK leaving the EU We have published our latest letter to UK businesses that trade only with the EU, with details of important actions they need to take and changes to be aware of in the event of the UK leaving the EU without a
If you’re an employer who provides expenses and benefits to your staff, we have live webinars and online support specifically for you. You can ask questions during the webinars using the on-screen text box. Expenses and benefits – trivial benefits: Do you know what counts as a trivial benefit? This webinar uses examples to explain what
Now is a good time to look at the key changes affecting payroll for the 2019-20 tax year. Employers – what’s new for 2019-20? Join this live webinar for an overview of ‘what’s new’ – including the new rates for National Insurance, National Living Wage/National Minimum Wage and statutory payments, changes to expenses and benefits
Are you paying enough National Insurance ???? Check your record today; https://www.gov.uk/check-national-insurance-record
For many, January is a tough month financially especially if you were paid early before Christmas. Don’t make matters worse by missing the self-assessment deadline on the 31st January. Avoid the £100 penalty and make sure you submit your tax return on time
The UK will be leaving the EU on 29 March 2019. Leaving the EU with a deal remains the Government’s top priority, however the government and businesses should continue to plan for every possible outcome including no deal. In December, HMRC wrote to VAT-registered businesses that trade only with the EU advising them to take
For years we have been irritated by HMRC insisting that all directors must register for self-assessment, even if they have no tax to pay. Now HMRC has changed its stance and its guidance. Not the law The requirement to submit a tax return just because a person is a director is not imposed by law,
We’ve added two new short webinars to our series on National Minimum Wage for employers. They cover unpaid working time and how to deal with accommodation costs. Each webinar is under 10 minutes long and covers common errors we see employers make when calculating the National Minimum Wage. Your clients can view the new webinars here or
Today we published an updated version of the Partnership Pack on GOV.UK to help businesses prepare for the possibility of the UK leaving the EU without a deal on 29 March 2019. This builds on the previous version of the pack, published in November and includes new guidance on the steps UK businesses trading with the EU
We have added two new webinars to our popular National Minimum Wage webinar (online presentations) series. They cover unpaid working time and how accommodation costs should be dealt with. Each webinar is under 10 minutes long and covers common errors we see employers make when calculating the National Minimum Wage. You can view the new
Our live webinars (online presentations) and online guides can help your business get payroll matters right. The webinars are free, interactive and you can ask questions using the on-screen text box. Expenses and Benefits – entertaining staff If you provide social functions, parties or subsidised meals for your employees, find out if the costs are taxable
Paying HMRC Switch to Electronic We are encouraging all customers to pay electronically as it is safer, quicker and more cost effective. You can use the following methods: • Direct Debit • Online or telephone banking (including Faster Payments, Bacs, and CHAPS) • Debit/Corporate Credit card online. If you already pay electronically please review the reference
Do you know if your employees are entitled to Statutory Sick Pay? Whether you’re a new or experienced employer, there’s plenty of free online help available from HMRC. You can join our live webinar (online presentation), where you can ask questions using the on-screen text box: Statutory Sick Pay: We’ll show you what to do when
Analysis of the CGT situation for LPR changes for landlords. In the October Budget, the chancellor announced changes which will impact on landlords’ capital gains tax position (where they are eligible for letting relief) from April 2020. These were: the final period exemption will be reduced from 18 months to nine months. However the final period exemption
Today we have published our latest letter on GOV.UK to help businesses that trade with the EU get ready to deal with customs in the unlikely event that the UK leaves the EU without a deal on 29 March 2019. This includes a version for businesses based in England, Scotland and Wales, and a separate version for
An overview and worked examples of Annual Investment Allowance (AIA). AIA is effectively a 100% first year allowance for business expenditure on qualifying plant or machinery. The general rule is that qualifying expenditure is: expenditure on the provision of plant or machinery wholly or partly for the purposes of a qualifying activity
There are different rules for what you have to report and pay depending on the type of expense or benefit you provide. We have online guidance for you – including: Expenses and benefits – trivial benefits: This webinar provides an overview of trivial benefits, including what they are, the conditions that have to be met to
Updated guidance from HMRC on active, non-active and dormant statuses. HMRC has recently updated its guidance on being ‘active’, trading and non-trading, and being dormant for new or existing companies and organisations. Active, trading and non-trading – what’s the difference? It is important you fully understand the different categories before advising clients,