Now that Spring is upon us, for many a new tax year is beginning. A number of changes have been announced by government and these will take effect on 6th April 2017. These will have an impact on small businesses, therefore it is important they are aware of the changes and their impact. Personal allowance
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A report just out suggesting that the different tax rates of National Insurance Contributions (NICs) between self-employed workers and employees are unfair is fundamentally flawed, argues the Freelancer & Contractor Services Association (FCSA). The Institute of Fiscal Studies (IFS) believes that the differential NICs rates should be aligned because, in their opinion, there is minimal
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Individuals who missed their self-assessment tax return payment on January 31st and do not have a reasonable excuse for failing to do so should act now and avoid facing further penalties, say Blick Rothenberg. Paul Haywood-Schiefer, assistant manager at Blick Rothenberg, says, ‘Anyone who hasn’t submitted their self-assessment tax return by now should be looking to
The post What is a reasonable excuse for missing your tax return payment? appeared first on Small Business.

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