Tag

HMRC

Articles and news on HMRC regulation and legal matters as regards UK small businesses’ tax, payments, and customs affairs.

Accounting

6 top tips to prepare for IR35 tax changes – Small Business checklist

Nearly three-quarters of businesses are unaware of impending IR35 tax changes. Here are six top tips to help you prepare

News

Michael Gove orders taxman to help small business if there’s no deal

Michael Gove, the cabinet minister in charge of no-deal planning, says HMRC has been told not to pressure SMEs when it comes to paying tax if it comes to no deal

Tax

6 tax breaks every small business should know about

You could add thousands of pounds to your small business bottom line by applying these little-known tax breaks.

Tax

HMRC under fire over IR35 off payroll consultation

HMRC is looking for input to a consultation on the workings of IR35 - the off payroll working rules due to impact the private sector from April 2020.

Tax

Making Tax Digital exemptions deadlines are unrealistic

Guidelines for those wishing to register as exempt for Making Tax Digital have been announced but these leave little time to apply according to one tax body

Accounting

HMRC employment status test tool not working properly

HMRC’s Check Employment Status for Tax (CEST) is still not properly tested two years since its release, according to a Freedom for Information (FOI) request by UK contracting industry organisation

Tax

Businesses should start engaging with HMRC digitally for VAT

Those paying VAT will need, post April 2019, to make their submissions digitally to HMRC. The pilot system for testing their software is now open to all

Accounting

How can I set up payroll without an accountant?

I need to set up tax, PAYE and NI for my limited company in the UK. Can I achieve this without an accountant?

Tax

HMRC tax investigations: Eight reasons HMRC might audit your business

Here are some of the common triggers associated with HMRC tax investigations, along with how you can reduce the chance of them occurring.

Employing & managing staff

Non-resident employees

Can I put non-resident employees on my UK company payroll for limited periods of time? If yes, how are they treated under PAYE?

News

‘Be concerned’, SMEs told, as HMRC targets SMEs over tax avoidance

HMRC collected an additional £474 million in corporate tax as a result of investigations into SMEs during the 2016/17 tax year.

Accounting

Is HMRC promoting tax avoidance for contractors who use its IR35 status tool?

Contracting expert suggests HMRC is promoting tax avoidance as 29 per cent of contractors should fail the IR35 test.

Business Technology

How to keep your small business safe online

Here's how Security Service Edge from Vodafone can help to protect your SME from ever-increasing cyber threats

Business Technology

How to grow a global creative agency in record time

Find out how creative agency, Myth Studio, used technology to grow their business and quadruple their staff count in 18 months

Partner content

Attracting and keeping top talent through Total Reward

Employment benefits specialist, Drewberry, explain why you should base your benefits around a Total Reward Strategy

Partner content

5 things every small business owner needs to know before starting

HSBC - Advertising feature