And now for some news that is “hot off the press”, at least at the time of writing. Subway has lost its appeal against VAT being charged on its hot toasted subways and meatball marinara! Some of you will recall the debacle a few months ago after the government announced a “pasty tax” in the … Continue reading The Subway Toasted Sandwich Ruling →

An employment tribunal has recently awarded £4,000 to a part-time worker after she had been denied holiday pay. It is, therefore, perhaps time to review the rules relating to holidays. These rules apply to all workers, and may even apply to “self-employed” workers if they undertake to perform the work personally. Employers cannot exclude part-time … Continue reading Employee Rights To Holiday Pay Rights →

Like all accountants we are beginning to build up to the January deadline for submitting tax returns. The deadline is January if the tax return is submitted electronically. However, there is a nearer deadline looming. October 31st is an important deadline in two circumstances: 1. It is the deadline for submitting your tax return on … Continue reading Registering for Self Assessment Deadline →

Many people, especially spouses, agree to be a director of a company without asking any questions of their roles or responsibilities. There are many reasons why an individual running a small business decides to operate through a corporate structure. There are as many reasons why that individual asks another person to act as director. In … Continue reading Director’s Duties What You Need To Consider →

The tax office have recently stated that they are seeking to increase their enquiries into IR35. This is a piece of legislation well known to self employed contractors operating through one-man limited companies, and attempts to identify disguised employment and tax a business accordingly. As part of this new initiative, they have published a twelve … Continue reading IR35 Enquiries →