IR35 is a legislation designed to stop workers incorrectly claiming to be contractors, rather than employees, for tax benefits. Contractors and freelancers need to make sure that they are IR35 compliant. Find out more.
Autumn Budget 2024 - Initial Reaction
Effective strategies for controlling business costs
What Business Expenses Can I Claim as a Limited Company?
Understanding VAT Thresholds and Responsibilities of Being VAT Registered
Strategies for Reducing Your Corporation Tax Bill
Do you earn over £100k? Avoid the 60% tax trap and preserve your tax-free childcare!
Spring Budget 2024 Summary
Employment Allowance for National Insurance Contributions
Gifts out of Income - Inheritance Tax Planning
The 31 January Deadline is Approaching!
Record Keeping for Tax Residence
The UK has a detailed Statutory Residence Test to determine someone’s tax residency position. Under this, detailed and accurate record keeping is essential to work out someone’s residency position. A small error can have significant tax consequences. In this blog, we take a look at the sorts of records that should be kept.