If it matters to you, then it matters to us.

If you let a room or rooms in your main home you will not pay any tax on rents received as long as the gross receipts do not exceed £4,250 in a tax year.

This relief extends to owner occupiers…

 1 November 2014 - Due date for Corporation Tax due for the year ended 31 January 2014.

 19 November 2014 - PAYE and NIC deductions due for month ended 5 November 2014. (If you pay your tax…

HM Revenue and Customs has sent notices to tax avoidance scheme users to pay over £250 million of disputed tax under the Accelerated Payments regime introduced in this year’s Finance Act.

The…

Following approval by the Legal Services Board, on the 31 October 2014 the SRA Accounts Rules 2011 will be amended as follows: (a) Any firm with an accounting period that ends before 31 October 2014 will…

Two new SORPs for Charities were issued in July 2014 by the joint SORP making committee (the Charity Commission for England and Wales together with the Office of the Scottish Charity Regulator). At present,…

There can be savings, particularly for employers, if a worker can be paid as a self-employed person. This is particularly so in the construction industry where most workers are engaged by contractors…

Paid annual leave is a legal right that an employer must provide. Almost all workers are legally entitled to 5.6 weeks’ paid holiday per year (known as statutory leave entitlement or annual leave).…

Apart from the retail trade and internet traders most of us send an invoice when we provide our goods or services to customers and then wait for the period of credit to expire before we get paid.

During…

If you have been trading for some time before you register your business for VAT don’t forget to consider your option to reclaim VAT on goods and services purchased prior to your registration date.

For…