Accounts & Tax
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IR35: How the controversial tax changes have left self-employment on the ropes
Have last year’s IR35 changes been any good for the UK’s self-employed? Absolutely not, says Andy Chamberlain, director of policy at IPSE
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Freelancers could avoid tax because of IR35 loophole
Employers who wrongly classify self-employed as being outside IR35 will have to cover their PAYE and National Insurance, says HMRC, meaning tens of thousands of freelancers could avoid paying any tax at all
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Five steps for small businesses Making Tax Digital
Making Tax Digital will extend to businesses with turnovers of less than £85,000 by April 2022. Here are 5 steps you can take to comply with Making Tax Digital
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The importance of credit control
Cashflow is critical to business survival. But all too often the day-to-day challenge of running that business, particularly a smaller business, can mean losing sight of some of the fundamental skills for successful cashflow management. And in the current economic climate, it is not surprising that businesses are determined to hang on to their cash […]
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Just nine people trialing digital tax for self-employed
This is despite Making Tax Digital for income tax being rolled out to 2.4m people in 2024, many of whom are unaware of what’s happening
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MTD for VAT explained – why there’s no need to panic
Despite much heralding as to its arrival Making Tax Digital is still confusing many small and growing businesses. Stephanie Spicer explains what it all means and what business owners need to do
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Help to Grow: Digital – how can it help my business?
Government offers discounts of up to £5,000 for digital accounting and customer relationship management (CRM) software from approved providers
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How to challenge your business rates
It’s up to you to challenge if you think you’re being asked too much in business rates. And with 85% of his challenges being accepted, Steve Hughes of RVA Surveyors says it’s worth doing
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Penalties waived for businesses missing tax deadline
Late filing and late payment penalties to be waived for one month for self-assessment taxpayers