Category: General

Times have changed – and for many employees this means that where they work from has also changed. Wherever your employees are based, find out more about paying expenses including mobile phones, internet and workplaces. HMRC are providing a series of Webinars aimed at Employers. You can ask questions throughout the webinar using the on-screen… Continue reading Employee Expenses & Benefits: HMRC Webinars for Employers

If you are new to self-employment, or established and want to check your knowledge is up to date, HMRC are running a series of Webinars to help you Car expenses and the self-employed: If you’re using your own car for business, this Webinar will tell you about flat rate motoring expenses, calculating the actual costs,… Continue reading Allowable Business Expenses For The Self-Employed

Business Secretary Kwasi Kwarteng will host a live panel event on Twitter with top business leaders and entrepreneurs to discuss how business can help support growth across the UK. Marta Krupinska (Head of Google for Startups UK) and Laura Tenison MBE (Founder and Managing Director of JoJo Maman Bébé) are among the panellists who will share… Continue reading Live Panel Discussion With Business Secretary, Kwasi Kwarteng

If you still receive your VAT repayments from HMRC by cheque, you can receive repayments directly into your bank account Why receive electronic repayments? •           Simple and convenient – paid straight into your bank account giving you quicker access to your money •           Safer and secure – electronic repayments can’t be lost, stolen or delayed… Continue reading VAT Repayments Direct To Your Bank

The P11D form must be filed with HMRC every year on the 6th July. Any tax due must be paid to HMRC by the 22nd July each year If you are an employer completing your own P11D HMRC are providing a live webinar covering which employees need a P11D, taxable expenses and benefits, exemptions and National Insurance,… Continue reading Completing Your P11D

Employees may be able to claim tax relief for additional household costs if they have to work at home on a regular basis, either for all or part of the week. This includes having been told to work from home because of coronavirus. Additional costs include things like heating, metered water bills or business calls, that… Continue reading Tax Relief for Employees Working From Home

HMRC have some guidance available, via live webinars to help you understand some basic principles of what business expenses you can claim Business expenses for the self-employed: Find out what business expenses are, what is and isn’t allowable and how using simplified expenses can make life easier. Available Friday 14th May 1:45pm or Tuesday 18th… Continue reading Self-employed Business Expenses You Can Claim

About compliance checks HMRC carry out compliance checks to: make sure you’re paying the right amount of tax at the right time make sure you’re getting the right allowances and tax reliefs discourage tax evasion make sure the tax system is operating fairly Something may trigger a check. However, HMRC has the right to check… Continue reading HMRC Compliance Checks

The hourly rate for the minimum wage depends on your age and whether you’re an apprentice. You must be at least: school leaving age to get the National Minimum Wage aged 25 to get the National Living Wage – the minimum wage will still apply for workers aged 24 and under From 1 April 2021 the… Continue reading National Minimum Wage and National Living Wage Rates