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03.01.2019
DON’T BE LATE – SELF ASSESSMENT DEADLINE IS 31ST JANUARY
With just a few weeks to go before the deadline, is it important that you file your self-assessment tax return online (for tax year 2017/18) by the 31st January...
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13.12.2018
MAKING TAX DIGITAL – ARE YOU READY?
Here at Business Works we are ready for Making Tax Digital (MTD) for our clients with all our accountants now qualified as QuickBooks Making Tax Digital ProAdvisor’s. MTD is...
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23.11.2018
ADVISORY FUEL & ELECTRIC RATES – 1ST DECEMBER 2018
The Advisory Fuel Rates (AFR) from 1 December will be, Engine size Petrol – amount per mile LPG – amount per mile 1400cc or less ...
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19.10.2018
CLASS 2 NIC IS TO REMAIN
Class 2 NIC will not be abolished from 6 April 2019 as previously announced by the Treasury. National insurance contributions (NIC) are complicated for the self-employed, having 2 classes...
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18.10.2018
ARE YOU AWARE OF THE CHILD BENEFIT CHANGES FROM 2013?
Are you aware of the Child Benefit arrangements that began in 2013? If not, then you are not alone, 100,000 families have been hit by the High Income Child...
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18.09.2018
WHAT IS A TRIVIAL BENEFIT?
Trivial benefits were introduced in April 2016 and are tax-free to the employee with the employer not needing to notify HMRC on a P11D. A trivial benefit is, The...
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