Tag Archives: hmrc

Trade? Or not Trade?

As part of their modernised, proactive approach, HMRC is actively searching the internet for evidence of traders who are consistently selling goods on eBay and not declaring their income.  It’s not just ebay – if you  have affiliate income or … Continue reading

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Record breakers

According to reports, many businesses visited by HMRC have failed to meet the standard required for ‘accurate and adequate’ business records. These failing businesses normally face further inspections to ensureimprovements have been made. Businesses should ensure that their records are … Continue reading

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Summer jobs

HMRC have kindly reminded employers and students that there are steps which can be taken to ensure tax isn’t deducted where it need not be. If you, or somebody you employ will be earning less than £7,475pa then you won’t … Continue reading

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Goodbye to the NI Card

Alongside your first legal pub visit and the first time you bunny-hopped your mum’s car down the street, the receipt of a shiny piece of plastic with 9 characters embossed across the centre – your NI card – is one … Continue reading

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False self employment

Are you self employed? Are you false self employed? False self-employment is where a worker is treated as being self-employed for income tax and National Insurance but in reality seems to be in permanent employment with the same company or … Continue reading

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Plumber’s Tax Safe Plan (no leaks)

Are you a plumber?  If you are, read on.  If you’re not just bear with me for now. Any plumbers in our midst should know that in March this year, HMRC launched a new amnesty called the Plumbers Tax Safe … Continue reading

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