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    CIS – Are you due a refund from the Tax Man!

    By admin
    In October 13, 2014
    1362 Views
      Are you a contractor in the construction industry? From April the 5th you are able to submit your CIS Tax return to the HMRC. But what does that mean? As a CIS contractor; 20% of the money that you earn is automatically deducted from your wages and sent...
  • Employers NIC – “The Jobs Tax”

    By admin
    In October 13, 2014
    1145 Views
    For every employee you have on the payroll who earns over £7956; you and your business will have to pay 13.8% NationaI Insurance Contribution (just another name for tax) on any earnings over this amount. That’s why it’s nicknamed the jobs tax! However a recent initiative will help reduce...
  • Not paid your Tax? HMRC can take it straight out of your account!

    By admin
    In October 13, 2014
    1606 Views
    HMRC will soon have the power to take money straight out of your bank account. If the HMRC think you owe any back taxes or have been overpaid tax credits of more than £1000. The new system was announced in the budget by George Osborne. These are now going...
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    Our first blog post

    By admin
    In October 13, 2014
    1074 Views
      When we started our business we wanted it to be a reflection of our own personalities. 8 months into I think we are getting there. We are open and honest people who want to provide a good service, run a successful business and maintain a work life balance...
  • HMRC Tax Returns dates

    By admin
    In October 13, 2014
    1252 Views
    Important dates for the diary for your 2013-14 tax return! I thought it would be worth reminding people of a few key dates with regard to your self-assessment Tax Return.    31 October 2014  This is the deadline for filing a paper tax return, whether you choose to work...
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