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Self employed and affected by Covid-19,how much grant should I receive?

Self employment income support scheme

Self employed income support scheme was one of the last grants that were announced by the HMRC. The Chancellor confirmed that it was difficult to assess how the number of grants that could be given to self employed individuals in the UK due to the flexibility of their income. Who qualifies for the Self employed […]

7 THINGS YOU NEED TO KNOW NOW THAT YOU ARE UNDER 1R35 LEGISLATION

IR35 legislation,changes in the private sector from April 2020

NOW THAT YOU ARE CAUGHT UNDER IR35 LEGISLATION, WHAT NEXT? It is not news again that the IR35 legislation is changing from April 2020. If you would like to read about these changes you can click or watch a video kindly click In this blog post, I have explained 7 things that contractors that are […]

Payment on account explained

payment on account

Payment on account is a system that is used by the revenue to ensure that taxpayers under Self-assessment pay towards tax and national insurance for the next tax year. The amount of payment on account applied for the taxpayers is based on previous tax years due to the HMRC. Illustration of payment on Account. Jane […]