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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
The Chancellor of the Exchequer, Philip Hammond presented his Spring Statement to Parliament on Tuesday 13 March 2018. It is all good news as announced: The economy is on the road to recovery and is growing faster than it was
UK Tax Dates and Deadlines. The tax year runs from the 6th April – 5th April. Accounts of Self-Employed individuals need to be calculated according to these dates. Tax Returns can be submitted from first day of new tax year.
When going self employed, the dilemma that prospective entrepreneurs face, and the question that is most commonly asked, is whether to start a limited company or to become a sole trader. Thanks to economic freedom we can make choices, which
Philip Hammond has delivered his first Budget as chancellor. These are the key points of what he has said. Personal taxation No changes to National Insurance paid by the self-employed, employed and employers or to income tax or VAT Personal
In his first and last Autumn Statement on Wednesday November 23, Philip Hammond ditched his predecessor George Osborne’s pledge to restore government’s finances to a surplus by 2020. Chancellor had quite a difficult role to play in the after post Brexit
Digital revolution with its benefits is apparent and widely experienced in every walk of life. From online shopping and booking an appointment or night out, to internet banking and paying for transactions – virtually everyone draws the benefits from the
Economically and politically eventful summer is over. Those who managed to get away, paid more for holidays this year and may have already started longing to the times more rewarding for British pound. It has been estimated that average holiday maker lost 500 pounds on currency exchange
With recent changes to government and HMRC legislations, Inland Revenue came up with new policies to challenge the self-employed status of tradesman in construction industry. Stakes are high and both the Treasury and HMRC are counting on increase in tax take.
Brexit did not quite go the way that the pundits were suggesting it would. Britain has by a narrow margin voted to leave the EU. A spirit of uncertainty has loomed over United Kingdom, Europe and indeed the world. Whatever
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