HMRC tightening up on employers’ year end reporting￼
MRC requires numerous sets of employee data after the end of the tax year, which is no small task for employers. Although real time reporting of PAYE has removed some of the year end reporting burden, making sure you have accurate data ready in time to meet all the reporting deadlines is always a challenge. This article will outline what is required to keep your business ahead of the game.
Are you prepared for the April 2022 tax changes?
April 2022 will see the rates of most classes of National Insurance Contributions temporarily increase by 1.25 percentage points starting 6 April, to raise funds for the NHS and social care. This will be replaced by the Health and Social Care Levy from 6 April 2023, which will also be set at 1.25% of income. This article will discuss what the changes are and why now is a good time to plan your finances.
HMRC and your Cryptoasset capital gains tax position
There is no specific Bitcoin tax or cryptocurrency tax in the UK. Instead, your cryptoassets will either be subject to capital gains tax or income tax. If you have engaged in any of the activities above you may be liable for capital gains tax. If you are earning cryptoassets through activities such as mining you may be liable to declare this as income tax.
Why Iberian Lighting Choose Swindells
Founded in Croydon in 1963 Iberian Lighting produce wide range of lighting products for the retail, hospitality and domestic marketplace. Following the retirement of the founder in 2003; Les Allitt has carried the company forward. In their 15,000 square foot factory and offices based in Hastings; Iberian Lighting have a strong team of creative designers & engineers.
Why award winning architectural lighting designer Susan Lake chooses Swindells
“I’ve worked with Swindells and Robert for over 6 years, from when I first started my company (Susan Lake Lighting Design) in Jan 2016, when I moved down to Sussex from London. They’ve filed my corporate tax accounts and managed my payroll ever since.”
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