Contribution-based Employment and support allowance (ESA) • Can apply if directly affected by coronavirus or self-isolating • Have to have paid enough NI contributions in last two to three years…
A few notes from us with answers to recently asked questions Please check the website again with further updates. Statutory Sick Pay £94.25 Per Week Paid by employer for up…
A notice informing you that your tax return has been selected for an enquiry isn't the most pleasant of letters. If you do receive such a letter, it will inform…
If your business is involved in construction and it engages self-employed workers, the business will likely need to register with the Revenue as a contractor. The main effect of being…
If you've paid the wrong amount of tax in any of the last few tax years, HM Revenue and Customs may send you a "P800 calculation". Why might this happen?…
In a previous blog post, we looked at the basics of capital allowances: what they are and how they are typically calculated. But what happens to capital allowances on cars?…
What are capital allowances? Capital allowances are how businesses claim tax relief on capital expenditure. This raises another question: what is capital expenditure? Business expenditure can be split into two…
What is partial exemption? Some businesses provide both VATable supplies (at standard, reduced or zero rated VAT) and exempt supplies. This means that VAT on the expenses relating to VATable…
Forewarned is forearmed. By preparing in advance, you can vastly reduce the stress and impact if/when you are picked for a tax investigation. Here are some tips:- - File accurate…
As the 6th April rolls around, filing your tax return might not jump to the top of your to do list. But it could well be worth giving it more…