Quick Guide to 2017 Autumn Budget

Quick Guide to 2017 Autumn Budget

The 2017 Autumn Budget had several announcements that affect small businesses, freelancers and contractors. Some of these announcements highlight changes to be made. They are summarized in our Quick Guide that follows. Income Tax and Personal Allowance As from April...
National Insurance Guide for Contractors

National Insurance Guide for Contractors

National Insurance(NI) is payable only on earnings for employed and self-employed above 16 years of age for both men and women. You can build up a State pension and a Jobseekers Allowance by contributing to a National Insurance. National Insurance Contribution (NIC)...
Paper Self-Assessment Tax Return Deadline

Paper Self-Assessment Tax Return Deadline

HM Revenue and Customs (HMRC) deadline for 2016/2017 Paper Self-Assessment Tax Return is 31 October 2017. If you fail to meet this deadline then your Self-Assessment Tax Return will have to be submitted electronically as the deadline for Online Tax Returns is the 31...
Prepare for Year-End Accounts

Prepare for Year-End Accounts

Best strategies to prepare for year-end accounts The best strategies that could be used to ensure that you take advantage of allowances and exemptions that could minimise your tax bill at year-end are detailed below. Planning is vital to ensure that you do not miss...