Submit and pay your HMRC VAT bill.Connect to HMRC and stay in compliance with Making Tax Digital (when you use the VAT tool with the Cash Accounting Scheme or Flat Rate Scheme using a cash method). How does the VAT tool work? Start by making sure we have the correct information about ...
If your company is experiencing VAT and PAYE arrears or unpaid tax, our range of services can assist you with: Time to Pay schemes HMRC Payment Demands Threat of bailiffs Winding up Petitions Unfair Penalties Moorfields’ Business Support Team specializes in providing confidential assistance and supp...
Priestly, Chris
Payroo Internet UK Payroll is a HMRC RTI PAYE recognised web based UK payroll software. This UK Payroll Calculator provides comprehensive UK payroll solutions for small companies
Though it is not illegal to pay your builder in cash, their failure to register and declare the entirety of their income to the HMRC is considered tax evasion and is most certainly a criminal offense. Basically, you can pay your friendly neighborhood contractor any way you wish; it ultimately...
While the HMRC VAT bad debt relief scheme is useful, it is not a substitute for robust credit control. Your aim should always be to have invoices paid on time and in full. This is why it can be very useful to move your customers onto direct debits. Direct debits are a pull-based sys...
Please enter the reference number supplied and the total amount payable. Reference number: Total to Pay: If you think you shouldn't be paying VAT then please contact us before proceeding. NB: If you require an HMRC compliant VAT receipt please tick the box when you checkout.Connect...
As a small business owner, there are some effective tax rates you are required to pay to HMRC each year. The percentage of tax that you end up paying depends on your earnings, so it’s also impacted by the type of business that you operate. But do you know what the marginal tax rate...
The profits are calculated by taking your income (net of VAT ifVAT-registered) and deducting anyexpensesthat are ‘wholly and exclusively’ for the business. HMRC and its ‘wholly and exclusively’ test The ‘wholly and exclusively’ requirement is to prevent expenses that are really nothing to...
If you pay yourself a salary from a limited company, you’ll need to deduct Class 1 National Insurance employee contributions from this and pay these to HMRC. Your company will also have to pay Class 1 employer National Insurance contributions at 13.8% unless this is covered by the employment...