The recruitment sector has grown steadily over recent years, with there being an increasing demand for temporary and agency staff, many of which operate through umbrella or personal service companies (PSC).
Simon Hopwood outlines how careful planning can save tax and national insurance on termination payments
The advisory fuel rates for journeys undertaken on or after 1 June 2017 are:
The deadline for filing P11D forms with HMRC for the tax year 2016/17 is 6 July 2017. If you are required to complete forms for this year then you need to be preparing them now. Our summary of the requirements and aide-memoire will keep you right.
GORDON WILKINSON explains how the reporting of employment benefits has changed since April 2016.
New rules apply from 6th April 2017 impacting anyone working through a personal service company (PSC) in the public sector. The public sector, in this context, broadly means any government body – for example the NHS, a local council or the BBC.
Making Tax Digital (MTD) is a government initiative which sets out a vision for a fully digital tax system.
Although the legislation which provides the legal framework for MTD has been delayed until after the election, all individuals and businesses will eventually be required to manage their tax affairs online.
Detlev Anderson discusses why it is not necessary to change your auditor to maintain independence.