Furlough bonus and reduced VAT rates
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...Help! Is my business RTI ready?
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...P11D dispensations
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...Is Your Tax Code Correct?
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...Do I have to register as self employed?
One of the first things which is discussed in my free initial consultations is whether or not somebody has registered as self employed with the tax authorities. There are a number of reasons why people think they don’t have to: But I’m not taking any...Follow Starfish Accounting
