The regional elements of enterprise support service Business Link will be closing down by 25 November 2011 with its paid advisers replaced by thousands of volunteer mentors. Mark Prisk Business & Enterprise Minister said, “We’re going to wind down the Regional Development Agencies, and as part of those, we’ll be winding down the regional Business Link contracts.” Private…
If you work as a sub-contractor under CIS, you could be due a tax rebate. The paperwork however can be complicated for someone not used to dealing with such things and this means that he or she may only claim a fraction of what they are entitled to. We can do all the paperwork for you…
The Inland Revenue’s Tax Catch Up Plan has started a new campaign aimed at flushing out undeclared income from self-employed tutors and coaches. If you have been working in education (schools, colleges or universities etc) on a self employed basis, you now have the opportunity to come clean with the Revenue and avoid penalties that…
With the prospect of long-term debt from university fees hanging over the heads of millions of children, new Junior ISAs are coming onto the market at just the right time for families to plan ahead. By John Housden The regulations establishing junior ISAs (JISAs in HM Revenue & Customs (HMRC) jargon) were passed at the end of \july…
If you are a company director, you may want to consider a more cost effective way of paying for your life assurance arrangements. Did you know that arranging life cover for yourself can be treated as a legitimate business arrangement and, with your company paying the premiums, there is also the potential of reducing your…
HMRC is concerned that many small businesses do not keep adequate records to support the entries on their tax returns, so they have launched a campaign to encourage better record keeping. However, more serious interventions are expected over the next year. We know from a consultation paper released in December 2010 that HMRC is planning…