National Insurance round-up
Repeated change to National Insurance contributions (NICs) in 2022, plus the cancellation of the Health and Social Care Levy as a separate tax from April 2023, meant a challenging year for payroll. Where do things stand now?
HMRC has provided individuals and organisations with the Government Gateway which is a central place to register to use online Government services.
The construction sector has its own compliance regime: the
Construction Industry Scheme (CIS) and the VAT domestic reverse
charge (DRC).
Why? First, because of a backdrop of increasing HMRC scrutiny.
HMRC’s dedicated compliance team has more than doubled in size
in recent years.
Your views are always important to us and we welcome your feedback.
We are sure you will find the newsletter an interesting read. Please contact us if you have any questions regarding any of the articles we have included in our newsletter or if you would like further information on a topic we haven’t covered.
Your views are always important to us and we welcome your feedback.
We are sure you will find the newsletter an interesting read. Please contact us if you have any questions regarding any of the articles we have included in our newsletter or if you would like further information on a topic we haven’t covered.
In the current economic climate, cash is critical. Yet statistics suggest many businesses don’t reclaim all the VAT they’re entitled to.
It’s likely to be your most important capital asset. But do the tax
rules impact what you can do with your home?
Our Spring Budget 2023 is now available for download
Your views are always important to us and we welcome your feedback.
We are sure you will find the newsletter an interesting read. Please contact us if you have any questions regarding any of the articles we have included in our newsletter or if you would like further information on a topic we haven’t covered.