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Should you leave the Flat Rate Scheme?
- May 16, 2018
- Posted by: admin
- Category: Contractors, Start-ups, Tax
No CommentsShould you leave the Flat Rate Scheme? This is a question we get asked quite often these days. For those just starting out in business, let’s have a quick recap of VAT registration requirements. In most cases (and we won’t go into the exceptions here), if your sales to UK customers exceed £85,000 per annum
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How did the Autumn Budget 2017 affect you?
- November 24, 2017
- Posted by: admin
- Category: Contractors, Expenses
The Autumn Budget 2017 sent a mixed message to contractors. Here are the key announcements affecting contractors from the Autumn Budget. Consultation announced into IR35 in the private sector The biggest news to come out of the Autumn Budget for contractors was the highly anticipated consultation into IR35 in the private sector. Despite the chaos
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How gift aid donations can impact your taxes
- November 9, 2017
- Posted by: admin
- Category: Contractors, Tax, Uncategorized
Donations made to UK registered charities and some amateur sports clubs attract tax relief if they are made under gift aid. As you are a higher rate taxpayer this tax relief will take two forms. Firstly, assuming you donated £2,000, the charities will be able to claim gift aid relief which will increase the donations
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Trivial Benefits for Limited Companies
- October 10, 2017
- Posted by: admin
- Category: Contractors, Expenses, Tax, Uncategorized
Trivial Benefits for Limited Companies
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