by Premier Accounts | Sep 1, 2021 | Uncategorized
The Government could be set to raise National Insurance contributions (NICs) by 1% for both employers and employees, a report has claimed. The Times claimed senior ministers have agreed to increase rates to raise an extra £10 billion a year for the National...
by Premier Accounts | Sep 1, 2021 | Uncategorized
The self-employed have until the end of the month to apply for the final grant available via the self-employed income support scheme (SEISS). Everyone who is eligible for the last SEISS grant should have received a personal start date from HMRC in recent...
by Premier Accounts | Sep 1, 2021 | Uncategorized
What might this mean for your business? Unincorporated businesses could be about to see significant changes to the ways in which they are taxed, following the launch of a Government consultation. The Government plans to reform the basis period rules in a bid to...
by Premier Accounts | Sep 1, 2021 | Uncategorized
How the third sector is assessed for tax. Anyone who’s involved in operating a charity knows how it differs from running a business, both in terms of motives and objectives. HMRC treats non-profit organisations and charities very differently to businesses, offering...
by Premier Accounts | Aug 9, 2021 | Uncategorized
The number of savers who breached the annual allowance and the lifetime allowance increased in 2018/19, according to government statistics. Figures from HMRC show 34,220 people reported saving more in their pension pots than the £40,000 annual allowance in 2018/19,...