Articles, tagged with "hm revenue and customs", page 1

Tax Help for the Self Employed

The best thing about being self employed is being your own boss. However, while filing taxes, it can become difficult for a self employed person to know exactly what to file, when to file, and how to do it. Any UK resident who is self employed needs t... Read >
Author: Sarah Shore

How can an IVA be used to avoid bankruptcy?

We consider whether individual voluntary arrangements can be used to avoid going bankrupt and what you need to consider before using an IVA service. If you have debts that you simply cannot repay you may be considering declaring yourself bankrupt. ... Read >
Author: Beatmydebt

Probate: Inheritance Tax

If the estate of the deceased has inheritance tax owed on it, which at current levels is set at 40% for estates worth £325,000 or more, then this is payable either in part or full before a 'Grant of Probate' will be issued. The inheritance tax owed o... Read >
Author: Ben

House Prices and the Housing Market Continue To Circle The Drain

House prices are now 2.3 per cent lower than they were a year ago. That's the latest finding from the Land Registry who also report that property prices in England and Wales fell by 1.1 per cent in March 2011 alone. Many lenders have confirmed that hou... Read >
Author: Timothy Frodsham

A helpful VAT Guide for Small Business Owners, Contractors and more

VAT Guide - Standard VAT Accounting Being VAT registered means you can reclaim VAT on purchases that you have been charged VAT on. Using the standard VAT accounting method means that every quarter you would be required to fill in a standard VAT return ... Read >
Author: TheDavecable

Completing Your Company VAT Return in the UK

Most businesses in the UK will know well the task of filling out a VAT return; it’s something that needs to be done each quarter for all VAT registered businesses. For any new entrepreneur or business start-up just completing the company registration proc... Read >
Author: Anthony

IR35 The Rules and Regulations

IR35 was introduced by the government in 1999, amid concerns that some freelance and contract workers were setting up limited companies, through which they would still effectively do the work of an employee but avoid tax by paying themselves in dividends,... Read >
Author: Ingress

Cash Buyers in Driving Seat

BOURNEMOUTH based property agents Bournecoast say that access to cash, rather than a lender, has become the key to buying a home The market has seen a huge rise in the proportion of home buyers paying for their new homes in cash, compared to mortgaged.... Read >
Author: Bournecoast

USA Residents Now Eligible for QROPS

April 29, 2011 To the delight of many residents of the United States, USA residents are now eligible for QROPS. QROPS are overseas pensions that have the ability to provide retirement planning and more. QROPS are available to UK taxpayers who intend... Read >
Author: QROPS

HM Revenue and Customs is Increasingly Rejecting CVA Proposals

Copyright (c) 2011 Alison Withers While it is not being much talked about in the marketplace it is becoming increasingly frequent that HM Revenue and Customs (HMRC) to reject Company Voluntary Arrangements that would previously have been accepted. A... Read >
Author: Ali Withers

Payroll tasks efficiency

The trouble with much payroll work is that it makes no difference what the size of your company, there are the same number of repetitive tasks to do. Each year end, the Employer Annual Return must be done, a P60 must be completed for each employee, all ex... Read >
Author: James

Payroll in proportion

Small and medium sized businesses have to cover all the same areas of HR and payroll as larger companies, but the unit cost is proportionately more for the smaller firms. The statutory requirements of the payroll schedule, and the specific deadlines that ... Read >
Author: Lee Malcolm

HM Revenue and Customs Asks Detailed Questions to Assess Requests for Time to Pay Arrears

Copyright (c) 2011 Alison Withers The detail of what questions will be asked before a request for a Time to Pay arrangement (TTP) can be considered is exposed in recently uploaded guidelines for HM Revenue and Customs case officers when dealing with bu... Read >
Author: Ali Withers

Time To Pay Arrangements Can Help Businesses Manage Tax Payments

Copyright (c) 2010 Alison Withers In the current economic climate hundreds of thousands of businesses are struggling to meet their financial obligations to the HM Revenue and Customs (HMRC). Businesses, especially smaller enterprises, have been repo... Read >
Author: Ali Withers

Questions Abound about QROPS – Is It Right for You?

QROPS is the abbreviation for Qualifying Recognised Overseas Pension Scheme. There are an increasing number of people who are hearing about the benefits of QROPS, but are unsure if a QROPS is a good decision for them or not. A lot of the indecision comes ... Read >
Author: articlelink01@gmail.com

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