UK Tax Codes For New Employees

A Guide To UK Tax Codes For New Employees

A Guide To UK Tax Codes For New Employees

When a new employee is hired, they will need a tax code. However, the tax code for the new employee will depend on whether or not a valid P45 has been handed to the new employer.

Read More >
How To Register As Self Employed

How To Register As Self-Employed

How To Register As Self-Employed

If you’re carrying out work or earning money independently (i.e. not as an employee), you need to register as self-employed. You could be a plumber or electrician, someone who sells on eBay or Etsy, or a virtual assistant.

Read More >

Year End Accounting Checklist

Year End Accounting Checklist

The end of the financial year is a big moment for any company and having everything organised ahead of time can save you a lot of stress and worry. Too many businesses go into crunch time, desperately working to get everything they need to be done before that year-end.

Read More >

How Does VAT Work For Your Business

How Does VAT Work For Your Business

Value-added tax (VAT) is charged on most goods in the UK. Some goods are exempt, and others have lower rates added to them, but most are charged at the standard VAT rate of 20%.

Read More >
Sugar Tax Pros And Cons UK

UK Sugar Tax Pros And Cons

The new, so-called sugar tax has been a contentious issue since it was first raised. Some, including many doctors and celebrity chef Jamie Oliver, have been in support with calls for a tax against sugary drinks since 2014. Others have been hoping PM Theresa May would reverse her position before the due date, since it was first announced.

Read More >
Brexit Accounting Implications

Brexit Accounting Implications & Tax Consequences

Brexit Accounting Implications

Following the previous year’s Leave victory, the UK Government officially started the Brexit process on March 29, 2017. With intentions to formally leave the EU within two years, businesses and traders must prepare for the inevitable tax law changes.

Read More >
When Is The Earliest You Can File Taxes 2018

When Is The Earliest You Can File Taxes In 2018?

When Is The Earliest You Can File Taxes 2018?

Are you wondering when is the earliest you can file taxes in 2018? The majority of people in the UK pay income tax through the PAYE system. If you’re employed, a portion of your salary will be taxed, and your tax contributions will usually be deducted from your monthly wage packet.

Read More >