Budget 2017 Key points at a glance
Autumn Budget: What you need to Know Philip Hammond has delivered his second budget as chancellor. Here are the key points of his speech. Despite much speculation to the contrary, there will be no change to IR35 in the private sector. VAT Threshold Despite rumours of a reduction in the VAT registration threshold, the Chancellor announced […]
Why HGV Drivers require Oxon Accountancy Services
Why you need an accountant for your HGV DRIVERS Ltd Companies. Oxon Accountancy Drivers Accounting Champion. If you’re running a vehicle company, understanding the ins and outs of your business tax affairs is probably the last thing in your mind. When you’re doing a business, every single penny counts from the money coming in, […]
Big Companies Taking U Turn on IR35
IR35 is that area which gives headache to all Contractors, Agencies and End users. No one knows they are IN or OUT of it. But as Brexit has happened, which has changed the labour market now and then. We know that in UK there is a shortage of skilful workers and due to Brexit foreign […]
Budget – 2017 another blow to Self-employed
In this picture Philip Hammond is laughing and looking like he is throwing cash but in my prospective view actually he has collected or grabbed hard earned money of Self-employed people today when he has announced in spring Budget-2017 that the main rate of National Insurance contributions for the self-employed to increase from 9% to […]
Making Tax Digital ! Self-employed and Landlords.
Making Tax Digital for Personal tax Govt has a plan for making tax digital or in other words its quick reporting to HMRC by using various available softwares. The Association of Taxation Technicians (ATT) has said that the MTD project represents “the biggest change to the way taxpayers will engage with HMRC since the introduction […]
VAT Flat Rate Changes coming into force from April-2017
VAT Flat Rate Scheme Changes Coming soon. Government has announced Flat rate VAT changes for Service industry which will come into effect from April-2017. If company does not spend on goods minimum £1000 if company’s Sales/turnover is up to £50,000 or 2% of the sales above £50,000, then company should use 16.5% flat rate for […]
