The married couples allowance for 2019/20 is £250. This is tax free cash which an estimated 700,000 couples don’t claim. Better still, you can claim back for the previous 4 tax years. As a result the total tax rebate can […]
HMRC have announced today, 6th September 2019 that there will be a delay in VAT Reverse Charge implementation. This will come as a welcome relief for most Construction Industry businesses, as many were unaware of the major changes. The delay […]
This simple to use solution will inform you when to apply the VAT reverse charge. It applies to all businesses within the construction industry. We have also included detailed analysis and examples of the questions you will need to answer. […]
Our CIS Tax Deduction Calculator can assist contractors in calculating the correct deductions to make. It will work for all types of subcontractors – Gross 0% CIS Deduction, Net 20% CIS Deduction and Unregistered 30% CIS Deduction. It has also […]
Do you have to pay Taxes on Bitcoin UK? Capital Gains Tax is payable to HMRC on Bitcoin profits in the UK. Taxes on Bitcoin are calculated similar to shares. What is Bitcoin? Before we get into the detail on […]
In April 2020 there will be IR35 changes for the private sector. As a result a large number of contractors will be affected. Why are the IR35 Changes for the private sector happening? Despite HMRC’s best efforts and many changes […]
From 1 October 2019 there will be significant VAT changes for Construction Industry businesses. As a result most subcontractors will not receive VAT. UPDATE: Delay in VAT Reverse Charge for the Construction Industry until 1st October 2020 Why are the […]
How to Register for Making Tax Digital (MTD)? Need help registering for MTD? All your questions resolved with our MTD registration blogs. How to register for Making Tax Digital? Many businesses are struggling with the implementation of Making Tax Digital […]
Is a vehicle green card required to drive around Europe? Will a no deal Brexit change the driving requirements within the EU? What is a Vehicle Green Card? A vehicle green card is an insurance certificate. Your insurer will provide […]
The National Minimum Wage 2019 will increase to £8.21 per hour for adults aged 25 and over. Different rates apply to those aged under 25. National Minimum Wage 2019 rates The rate increases are as follows: workers aged 25 and […]