The government has now extended support through Furlough to millions to March 2021. Businesses and self employed welcomed the move but how will this affect them? As a result, 80% of all employed, will be paid by the taxpayer. All
Self-employment? -What options are there?
Self-employment and its rapid growth in recent years, call us to consider the consequences of so-called “freedom” that came to now almost 5 million in the UK, as per Office of National Statistics. This is a particularly important subject for
HMRC support is always available
Employers! remember to verify with HMRC if your employees’ tax codes need changing before the first Payroll run after 5th of April 2019. You can access help and support as well as additional information on Making Tax Digital for Business,
Budget 2018 UK
Budget 2018 has been announced and it is today under intense scrutiny after government has offered tax cuts and extra cash for public services. Philip Hammond opened his speech by announcing the Budget that paves a way for bright future
Changes to dividend tax from 5th of April 2018 – What it Means for a Small Business Owner
In part 2 of the article on the subject of dividend taxation, i will highlight what is changing from 5th of April 2018. Many small business owners, trading through limited company rely on dividend rather than salary income. In fact
Reviews and Resolutions
With 2018 already here Your Tax Assistant would like to wish you a prosperous year. Focusing on the year ahead we inevitably think about change and the future. In this article I would like to Embrace achievements Stress on one
An interesting case…
An interesting case of … There have been recently a few calls for enquiry into so called “tax haven” or off shore investments used by the wealthy. With celebrities and influential people in the centre of it, it is argued
Budget – What it means for you
Budget and what it means for you A Budget has been delivered by Chancellor Philip Hammond which he says will “help families to cope with the cost of living”. The chancellor has announced plans on tax, housing and travel, alongside
When going Self-Employed
Self-employed entrepreneurs, at the start, often face, the dilemma of whether to run a limited company or to work as a sole trader. Thanks to economic freedom we can make choices, which we should exercise with courage and careful consideration
Learn from Business Leaders
How Business Leaders learn and make the most of their time is no longer a secret. There are many publications available to confirm that an entrepreneur surely knows how to value the time he has. And those who truly want