So, you think you’re paying too much tax through PAYE? Paying our taxes means we contribute to keeping our institutions and infrastructure running. The money we pay in income tax and National Insurance contributions goes towards funding vital services like the NHS, the police, education, the welfare system, and public projects like roads, rail, and [...]
Changes to PAYE in 2019 Making sure you stick to PAYE tax procedures is incredibly important if you own a business. This means staying up to date with any changes in the system. PAYE tax can already be a stress point without you having to worry about missing new rules and finding yourself with hefty [...]
Don’t get left behind by your accountant We always put emphasis on making sure your tax returns are filed on time and accurately. But what happens when you hire someone to do exactly that and they don’t deliver? Sadly, this is the case for many businesses every year who find out that their accountant has [...]
Should you register your business for VAT? Many business owners often misunderstand VAT. While some are obliged to register for VAT, others can choose to do so of their own accord. So, why might registering for VAT be a good idea, and when should you register? What is VAT? Let’s briefly discuss what VAT is, [...]