HMRC’s treatment of the self-employed is exposed for all to see
CEO of ContractorCalculator, Dave Chaplin says the self-employed are getting a bad deal from the Government.
Does the tax system favour big businesses over the interests of SMEs?
Any decent business owner understands and respects their obligation to pay their fair share of tax. However, do bigger businesses get an easier time of it than their SME counterparts? A new survey from the British Chamber of Commerce suggests that SMEs do feel this way. So what can be done about it?
Tax is going digital, here’s how to prepare for it
Attention all SMEs: Tax, like all other things in life, is going digital. Make sure you and your business remains compliant whilst these changes are being made. Here’s my advice for you.
Off-payroll tax threatens the low paid and Good Work Plan
Dave Chaplin suggests the prime minister’s Good Work Plan will be put in jeopardy because the off-payroll tax HMRC wants to impose will exploit the self-employed.
Considering the fuel for a company car based on tax
If you’re thinking of introducing company cars as a perk for your employees then on first look, the tax obligations can seem daunting. We look at the taxes that apply and help you consider the best fuel types for company cars.
Cosmetics companies need to ensure treatments comply with HMRC guidelines
Businesses in the beauty sector need to spruce up VAT skills or face some harsh treatment from the HMRC.
Record fines for employers named and shamed by HMRC for underpaying workers
The latest list of employers underpaying workers has been announced, and has generated record fines of £1.97 million.
Myth busting: VAT reclaim doesn’t have to be as mysterious as you think
Reclaiming VAT is worth doing – if your business is entitled to money, why wouldn’t you claim it? Initially it might seem like a headache, but with the right know-how and the right tools, it could help your bottom line.
HMRC changes that could disrupt your firm’s cash flow
Subtle changes in the approach being taken at HMRC could cause more UK SMEs to get into cash flow difficulties, explains Simon Underwood, a business recovery partner at accountancy firm Menzies LLP.
HMRC tackles online VAT fraud to level playing field for retailers
New laws that ensure businesses selling online pay the right amount in tax, and which make online marketplaces more accountable for VAT fraud, have come into force in the UK.
Getting ready for payroll year end – the vital considerations
Payroll year end is nearly upon us, and some business owners will be eyeing its approach with dread – but this need not be the case with some simple steps.
How a growing business can avoid the perils of an “invisible” expense policy
All employees need a clear expense policy to refer to, or else businesses risk creating a “lawless” environment.