HMRC is writing to taxpayers it believes should repay some of the self-employment income support scheme grant they received. Might this affect you and what should you do if you receive a letter? HMRC has identified individuals whose entitlement to the SEISS grants has reduced by more than £100. It’s now in the process of […]
Taxman chases overpaid SEISS grants Read More »
Annual company events such as Christmas Parties are considered an allowable expense for a business, as long as the event meets the following criteria; The cost must NOT exceed £150 per head, including VAT. Even if the total is 1p over the £150 tax and national insurance will be payable will be payable on the
For Halloween we thought we would talk to you about the thing most people are scared of – the dreaded IR35! IR35 is the term used for HMRC rules around ‘disguised employment’ and what determines how you pay yourself through a limited company. HMRC have recently released their factsheet on the IR35 in the transport
IR35 – What You Need To Know Read More »
