Oct 28, 2020 | Construction Industry Scheme (CIS), Self Employment in UK, Uncategorised
Deadline for self-assessment tax return (SATR) is 31 January. Anyone who is self-employed, who has turnover in excess of £1000, regardless of making profit or a loss, has to submit SATR to HMRC. Penalties if you don’t submit your return on time: From 01 February (even...
Oct 22, 2020 | Limited Companies, Self Employment in UK
Xmas party time is almost upon us. Obviously depending on the current situation due to the Coronavirus, you may want to invite your employees to the Xmas party; if allowed. It is an exceptionally good way to show your employees appreciation and to build a team spirit....
Oct 20, 2020 | Construction Industry Scheme (CIS), Limited Companies, Payroll, Self Employment in UK, VAT Returns
In England most of self-employed people or directors of Ltd companies using advice and services of the accountant. Do you know that one does not have to have relevant qualifications to call themselves accountant or that you, as a client, are responsible for the...
Oct 20, 2020 | COVID-19, Self Employment in UK
The grant extension is for self-employed individuals who are currently eligible for the Self-Employment Income Support Scheme and are actively continuing to trade, but are facing reduced demand due to coronavirus (COVID-19). 1. Who can claim To be eligible for the...