Self-employed business owners in the UK face a unique set of challenges. Among these is the dual burden of paying both National Insurance contributions and income tax. This system seems downright absurd to many – is there any merit to it? The Financial TightropeRunning a business is no easy feat. Self-employed individuals wear many hats … Continue reading
HMRC has asked that accountants and agents help contractors spot the signs of bad tax advice and understand their pay arrangements. That way, they can steer clear of tax avoidance schemes. “We’re encouraging tax agents and advisers, like you, to share this information with your clients. This includes personal stories and a short video for … Continue reading