Simplifying Class 2 National Insurance
I reported back in September 2013 about HMRC’s plans to consider simplifying the collection of Class 2 National Insurance. In Budget 2014, it has been announced that this is going to take place, with effect from April 2016. At present,
The New ISA (NISA)
In Budget 2014 it was announced that ISAs (Individual Savings Accounts) will be reformed. From 1 July 2014 they will be known as NISAs (New ISAs) and there will be equal amounts permitted for cash or stocks and shares. The
Paying in Cheques by SmartPhone?
It was reported at the end of last year that plans have been announced for a change in the banking system, to allow cheques to be paid in via SmartPhone. This is something that will be particularly relevant to the
Class 2 National Insurance & Tax Codes
Class 2 National Insurance is the fixed weekly amount that is collected throughout the year. From April 2014 there is a change being introduced, which makes it possible for HMRC to collect any unpaid amounts of Class 2 NI through
HMRC Let Property Campaign
HMRC is running another campaign, to enable people to bring their tax affairs up to date in respect of undeclared rental income. Some people don’t realise that even if a rental property may be not making significant profits, it still
60 Seconds?
Many networking events give people the opportunity to tell the group about themselves, usually within a 60 second time limit. This 60 seconds gives you an opportunity to tell people what you do, why people can trust you and what
Time to reduce your 2014 tax liability?
The 2014 tax year will be drawing to a close in a few weeks time, which is a great opportunity to review any planned business expenditure. By investing in your business before the end of the tax year, you will
UK Business Confidence Survey Results
Printing.com (one of our suppliers) surveyed 1,500 businesses to ask them their outlook for 2014:
6 tips to grow your small business
1) Be a person, not a business name So many people’s websites don’t even say their own name and just have the trading name – people want to know who it is they are dealing with, and some details about
2014 Top Tax Twitter Award
I’m pleased to advise that I have received another twitter award from TaxConnections: TaxConnections has ranked the Top 20 Tax Professionals Twitter Rankings for 2014, and I’m placed 9th in the worldwide list. Twitter is also the number one Social
Fake tax return emails claiming to come from HMRC
Further to my blog post in September last year… Have you received a tax refund email from HMRC? … HMRC has advised that there are an increased number of fake emails being reported. In fact, there was a total of
Do you tweet?
I’ve been using Social Media for business since 2009, and over that time have seen various sites come and go. One site that I have continued to use over the last few years is twitter. It’s the site I recommend,