The rules for individuals providing services via an intermediary such as a personal service company (PSC) are complex. The rules apply if the worker who provides services to a client through their own
What are the off-payroll working rules? Read More »
The rent-a-room scheme is a set of special rules designed to help homeowners who rent-a-room in their home to create a valuable tax free income stream. If you are using this scheme, you should ensure
Rent a Room Scheme – another income stream Read More »
Tax planning can be complicated. Getting an experienced personal tax planning accountant to manage your financial affairs gives you peace of mind that everything is taken care of optimally and correctly. But how do you choose which personal tax planning accountants in London are right for you? What to look for in a good personal
Choosing the best personal tax planning accountants in London [2024 guide] Read More »
Clients often refer to the VAT added to supplier invoices as if it were a cost to their business regardless of their VAT position.
This is true if you are not registered for VAT, you do not have to
We are unpaid tax collectors VAT Read More »
Most business owners are driven by sales targets and to meet these targets they may be tempted to offer extended payment terms.
For example, if your business grants a customer time to pay – say 60
Time to rethink the credit you offer your customers Read More »
HMRC is reminding parents that they may be eligible for Tax-Free Childcare (TFC) to help pay for Easter school holidays childcare costs.
The TFC scheme can help parents of children aged up to 11
Tax-free child care Read More »
There is an online service available on HMRC to check your National Insurance Contributions (NIC) record online. The service is available at https://www.gov.uk/check-national-insurance-record
In
Check your National Insurance record Read More »
Being an actor isn’t all premieres and award ceremonies. The day-to-day grind can be overwhelming and when you’ve got to manage your bookkeeping and accounting as well, it can cause stress. But there’s a simple answer – give Green & Peter, accountants for actors, a call today and let us handle your bookkeeping and tax
Why Green & Peter are the best accountants for actors in London Read More »
HMRC had published an update, on 12 February 2024, on the tax status of Double Cab Pick Ups (DCPUs), following a 2020 Court of Appeal judgment. The update announced that effective from 1 July 2024,
Update on the tax status of Double Cab Pick Ups Read More »
Companies House has announced that some of their fees will be changing from 1 May 2024. The last change in fees was April 2016.
The fees have been calculated on a ‘cost recovery’ basis meaning that
Companies House filing fees increase Read More »