News, Tax Updates, Taxation
Budget 2021
Budget 2021 Summary Coronavirus Job Retention Scheme (CJRS) The government is extending the CJRS for a further five months from May until the end of September 2021. Employees will continue ...
Taxation
Contractors, News, Taxation
IR35 News: Changes in April 2020 and How They Will Affect You.
If you are contracting through your own limited company then you will most likely be affected by the upcoming changes in the IR35 legislation. In this IR35 News update, we ...
News, Taxation
Cryptocurrency Tax Implications in the UK
We recently presented a webinar to discuss the tax implications on the individual and limited company in relation to trading or investing in cryptocurrencies and foreign currency exchange (Forex). You ...
Taxation
A quick explanation of the VAT Flat Rate Scheme (FRS)
The flat rate scheme works as follows for Computer and IT consultancy or data processing which has a FRS percentage of 14.5%. Other Common FRS percentages are: Business Services Not ...
Tax Updates, Taxation
Taxation of Dividends 2018
Significant changes have been made to the way dividends are taxed under the guise of simplification. Dividend Regime from 6th April 2018 The company pays tax at 19% on its ...
Taxation
Which taxes do I have to pay and when?
Personal tax returns for sole traders and directors cover the tax year up to 5th April each year and are due to be filed by 31st January following the end ...