I get asked this a lot, hence the reason for this brief post. Capital allowances claims have a time limit, believe it or not. The absolute deadline is the second 31 January following the end of the tax year in question. For example, if a tax year ends 5 April 2011, the deadline for a … Continue reading
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