26 June 2018
In the government’s second finance bill that was confirmed last month, dividend allowance was cut by £3,000 from its current level at £5,000. As Chancellor continues to target the contracting industry this could leave contractors with a dividend tax bill of £1,143. Phillip Hammond first spoke about the dividend cut…
24 June 2018
With the deadline for self-assessment having passed on 31st January, HMRC would assume that all tax returns are submitted and tax bills settled. Failure to do so would lead to additional charges and penalties. However, if you are stuck with trying to pay your liabilities there are a few options.…
8 May 2017
HMRC is changing the way it deals with tax agents who phone in to request information on behalf of a client. The new system will be in place from 1 May 2017. Although a client may have given you, their tax agent, permission to act on their behalf, from 1…
28 March 2017
Under the Pensions Act 2008 every employer in the UK must automatically enrol their qualifying workers into a workplace pension scheme. But are there circumstances when you can choose whether or not to enrol someone? Here are some cases where an employer can choose not to enrol an eligible worker…
30 January 2017
Under the Pensions Act 2008 every employer in the UK must automatically enrol their qualifying workers into a workplace pension scheme. That’s fine, but what is the definition of a qualifying ‘worker’? Logically, if a company does not employ any workers then it would be exempt from having to create…
