by Georgi Rollings | Dec 15, 2020 | Being an employer, Corporation tax, Limited company, PAYE, Self assessment, Sole trader, Tips and Tricks, VAT
If you’re worried you can’t pay your tax bill then your best bet could be to set up a Time to Pay Arrangement. As part of the response to Coronavirus, the government has extended its Time to Pay (TTP) Arrangement to help support businesses struggling to manage their...
by Georgi Rollings | Sep 11, 2020 | Being an employer, Limited company, PAYE, Start ups
As business owners, we all want to take on employees. One of the greatest benefits of a growing business is being able to afford support in running it. Employment Allowance is designed to support small employers financially. But going down the employment route can...
by Georgi Rollings | Jul 10, 2020 | Being an employer, Limited company, PAYE, VAT
More support for businesses was announced by the Chancellor earlier in the week in his mini budget. There were two areas which look particularly helpful for businesses that have been significantly impacted over the last 4 months. Read on to find out about the...
by Georgi Rollings | Feb 8, 2013 | Limited company, PAYE, Sole trader, Start ups
Maybe you are one of the 72% of employers that is unaware of the changes that will happen from April? Do you know what RTI is, and is your business RTI ready? RTI, or Real Time Information, is HMRC’s new initiative for payroll which will require you to provide...
by Georgi Rollings | Feb 26, 2012 | Accounting, Being an employer, Limited company, PAYE
The form P11D is used to provide information on expenses payments and benefits to HM Revenue & Customs. This information has to be given to HMRC by law for each employee or director earning more than £8,500 (UPDATE: this threshold has been removed from 6 April...
by Georgi Rollings | Dec 10, 2011 | PAYE
Do you know what your tax code is? For most people, their tax code is a meaningless string of digits. It is, however, very important, as it determines how much tax is deducted from your salary. It isn’t unusual for a tax code to be incorrect – millions...