The government relies on taxes to fund development projects, offer medical services, and improve security, among other things. If you earn any income or capital gains, you are required to pay income tax. Ordinarily, taxes are automatically deducted from salaries, savings, and pensions. If you are self-employed or earn additional income that is not automatically […]
Read moreIf you are working in the UK’s construction industry, then you may have heard of the new VAT reverse charge system coming 1st March 2021. To understand how the changes may affect you – we’ve put together a summary. The full name of the new system is the “VAT domestic reverse charge for building and […]
Read more[UPDATE: With the Prime Ministers announcement for a 2nd lockdown, starting Thursday 4th November, the Coronavirus Job Retention Scheme (Furlough scheme) has been extended. The statement from the HM Treasury and the Chancellor also confirmed that the Job Support Scheme (JSS) which had been due to launch on 1 November, will not start until the […]
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