National Insurance: where are we now?
Spring Budget 2024 announced further cuts to National Insurance contributions (NICs) taking effect from the start of the tax year, 6 April 2024. It’s the second cut announced, and impacts employees — including company directors and the self-employed. We outline the...Construction industry tax compliance
New change raises the bar for gross payment status (GPS).
Do you need to file a Self Assessment tax return?
You have until 31 January 2024 to file your Self Assessment tax return online. This might seem like an age away, but the deadline always comes around much quicker than you would expect.
What should you consider when going self-employed?
It’s vital to remember that there is no sick pay, life insurance or pension scheme benefits if you are self-employed.
Why basis period reform actually does matter
It sounds entirely shoulder-shruggable: but basis period reform is like the bits under the bonnet. It makes the car go. In this case, it helps determine the tax bill.
