From April 2020 companies will need to assess whether individuals are 'deemed employees'. If they are they will be subject to PAYE and NIC withholding, as employees are. The good news is, this does not apply to small businesses. The bad news; if you are a contractor for a large company, you will be assessed … Continue reading in brief; what you need to know about changes to IR 35 if you are a contractor
Making Tax Digital (MTD) is the new imitative from HMRC and begins on 1st April 2019. From that date VAT registered businesses in the UK with a turnover greater than £85,000 will have to store their accounts digitally and make quarterly reports using compatible software, such as QuickBooks, Xero or Sage. The times where you … Continue reading Making Tax Digital (MTD)
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