Businesses have been given more time to prepare for one of the biggest changes to payroll reporting in recent years. Following feedback from employers, payroll professionals and software developers, the government has confirmed a revised timetable for the introduction of mandatory payrolling of Benefits in Kind (BiKs). Rather than requiring all taxable benefits to be … Read more
The HMRC app is free to download and can be set up in minutes. Below are steps to get started along with information on the app’s most popular features, including: Claiming a tax refund Support for students and seasonal workers starting employment Assistance for families in claiming and managing Child Benefit Preparation for retirement Employers … Read more
If your business operates in the construction industry, it’s important to understand the Construction Industry Scheme (CIS). This scheme was introduced by HMRC to regulate the way payments are made to subcontractors, with the aim of ensuring that all workers are paid fairly and that taxes are collected efficiently. What is the Construction Industry Scheme … Read more