Sole Traders will pay Class 2 NI for another year
Hot off the presses we hear that Class 2 National Insurance will NOT be abolished in April 2018 as planned, but will continue for READ MORE >
Posted on 03 November 2017
10 top tips for nervous networkers
If you’re a nervous networker you’re not alone. Most people I meet on training courses feel a bit daunted about going to a networking event or meeting lots of strangers. The good news is READ MORE >
Posted on 26 October 2017
Will the new tax system catch you out?
Watching people react to change can be endlessly fascinating, particularly when the changes are announced by the tax office.
First reactions might be muted, as only the nerds have noticed. Then word gets around,READ MORE >
Posted on 30 September 2017
Delays for Making Tax Digital
So HMRC have given in to the inevitable, and delayed implementing their whizzo new, cloud accounting, digital tax project.
Sole traders were READ MORE >
Posted on 14 July 2017
Making Tax Digital – Will it be delayed?
I’ve just noticed that Jane Ellison MP, formerly Financial Secretary to the Treasury, was taking the lead on introducing Making Tax Digital, the big HMRC project to introduce digital quarterly reporting.
Yes – that Jane Ellison. The one who lost her Battersea seat last Thursday night.
I wonder if Making Tax Digital will undergo any changes when her replacement moves in.
Posted on 12 June 2017
Election Special: Tax plans – bathtub style!
Anyone who’s been on our basic finance or sole trader training will know that we have a bit of fun with how income tax works.
Sole Trader tax (basically income tax) is reduced to a bathtub scenario, READ MORE >
Posted on 06 June 2017
NICs for sole traders – political cock-up
So the government announces today that they won’t after all increase class 4 NI contributions (which only affect sole traders) until at least READ MORE >
Posted on 15 March 2017
Working through a company (IR35)
HMRC have released their promised tool (yes, another one) to help people work out if they’re able to provide a service through their own limited company, or whether they should be taxed at source like an employee. READ MORE >
Posted on 10 March 2017
Self-employed take a hit in the Budget
How nice to see self-employed people get a higher profile in the 2017 Budget.
And how disappointing that it’s all about raising their taxes.
As I type this, I’m listening to lots of angry READ MORE >
Posted on 08 March 2017
VAT Tool for Flat Rate Scheme users
And lo. HMRC have released the online tool to help you work out whether the Flat Rate Scheme (FRS) is worth it once the changes come in on 1 April 2017. For most freelancers and consultants I suspect the answer will be READ MORE >
Posted on 06 March 2017
