-
Subscribe
Subscribed
Already have a WordPress.com account? Log in now.
The changes: The employers’ National Insurance rate is going up from 13.8% to 15%, and the annual salary threshold reduces from £9,100 to £5,000. The implications: Directors pay pre NI deductions reduces. Payroll needs to be set and monthly returns sent to HMRC if annual salary breaches the £5000 threshold. Threshold is currently £6396. (The … 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
Phoenix Debola 