Is your self employed worker really self-employed? How do you know? Should he/she be on your payroll? The onus might be on you to educate yourself on your worker’s employment status regardless of what he/she claims. Ignorance of tax law is not an excuse when the inspector pays you a visit. Ensure you are on … Continue reading
Self Assessment – What is it? Self assessment means assessing yourself on behalf of the inland revenue by completing an annual tax return. The return – a collection of your total income, allowances and expenditure for the year – helps the inland revenue work out how much tax is due or (perhaps overpaid) through your … Continue reading