Premier Accounts Blog

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Student jobs paying tax

Student jobs paying tax

Students that work may need to pay Income Tax and National Insurance. Employers are required to calculate the amount of tax they need to pay on the basis that the students would be working for the

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Taxable company benefits

Taxable company benefits

As an employee, you pay tax on certain company benefits, such as cars, accommodation, and loans. Your employer calculates the tax you owe and deducts it through Pay As You Earn (PAYE). The amount of

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Tax Diary January/February 2026

Tax Diary January/February 2026

1 January 2026 – Due date for Corporation Tax due for the year ended 31 March 202519 January 2026 – PAYE and NIC deductions due for month ended 5 January 2026. (If you pay your tax electronically the

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Cash flow pressures

Cash flow pressures

Cash flow remains one of the most pressing concerns for small businesses, even where trading appears stable. Many businesses are finding that rising costs, cautious lenders and slower customer

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VCT and EIS changes

VCT and EIS changes

The new rules will allow companies to raise more capital under the following schemes although investors will need to factor in reduced VCT Income Tax relief when assessing opportunities.

The Venture

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Winter Fuel Payment tax charge

Winter Fuel Payment tax charge

The June 2025 reforms introduce a £35,000 income limit for keeping the Winter Fuel Payment, with HMRC recovering the payment from those above the threshold.

The WFP is a tax-free payment provided by

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