Submit your tax return before 30 December when using PAYE
"Important Reminder: Submit Your Tax Return Before 30 December with PAYE" Introduction: As the end of the tax year approaches, it's crucial for individuals using the Pay As You Earn…
Section 455 tax
"Demystifying Section 455 Tax: A Comprehensive Overview" Introduction: Section 455 tax is a concept within the realm of UK corporate taxation that carries implications for directors and shareholders of close…
Reporting payment to HMRC if you pay your employees early in December
"Understanding Early December Payroll: Reporting Payment to HMRC" Introduction: As an employer, it's crucial to navigate payroll processes diligently, especially when considering early payments to employees in December. This practice…
What is CIS Tax and How Does it Work?
If you work in the construction industry or plan to, you've probably come across the term Construction Industry Scheme (CIS) tax. This is a unique tax system that applies specifically…
Tax administration and maintenance day 2023
Tax Administration and Maintenance Day - A Comprehensive Overview Introduction On April 27, 2023, the UK government made a significant announcement, unveiling more than 20 proposals that encompass various aspects…
Trading vs Investing -What is the Difference?
Trading and investing are the two terms used in the finance world interchangeably. Both words mean the same, but also different if you look closely. Trading and investing are both…
