What is the employment status of your worker?
Why is it important to have the correct employment status for your worker? …
VAT - Did you know .....
When you become VAT registered there are several things you should be aware of. …
Understanding your Tax Code
Every employee will have a tax code and this determines how much tax is deducted from your pay. Your tax code is unique to you ..... …
Flat Rate VAT Scheme
When you registered to become VAT registered you will have the option to choose the Flat Rate Scheme. It is worth considering whether this is a suitable scheme for your business because their are benefits to using it in your first year of VAT registration. …
Change to Tax Year Basis from April 2023
Sole traders and partnerships who do not currently have a 31st March year end will see a change in their reporting period to meet HMRC new rules for reporting profits based on the tax year and not their accounting year. …
