For the period in question he was self-employed and filing self-assessment tax returns, paying tax and class 4 NIC as required. He was a sub-contractor under CIS, so some years he would owe HMRC, most ...

Curious how others might be accounting for the employment allowance? The actual employers NI charge is clearly attributable to individual employees.

The salary was paid to the director each year and was below the threshold to need to make payment for tax and NI. Is it possible to set up a payroll scheme now and backdate the salary so that the ...

New client has had to complete a self assessment tax return for 2023-24 (late) as HMRC flagged that they were liable to the High Income Child Benefit ...

CIS contractor apparently has under-declared CIS deductions regarding one subcontractor in 2024/25 on payments made to him (related to the fist month ...

Some readers may have spotted an unusual tax-related story in the media last week. A group of former players have exchanged the football field for a trip ...

Is there such a thing as a perfect accounting workflow? It’s hard to say.* With new technology, the rise of AI, and ever- changing client demands, ...

The recent cyberattacks on UK retailers are more than a headline — they’re a wake-up call for every finance team using cloud-based systems. As ...

For years, the *Making Tax Digital (MTD)* initiative has lingered on the horizon, sparking confusion, debate, and no shortage of frustration.

For many business owners, finding the right business bank is like finding their first perfect pair of shoes. They never realised they could be ...

AML compliance can feel like a heavy workload — especially when processes are fragmented, inconsistent, or unclear. Managing your AML responsibilities ...

Walkers Snack Food Limited appealed a HMRC decision to the first tier tribunal (FTT), on the grounds that one of its products, Sensations ...