Chancellor, George Osborne’s budget speech yesterday was centred on his four economic visions or ambitions that Britain:  1.       should have the most competitive tax system in the G20, 2.       should be the best plac... [More]

As the “rat race” gradually becomes less popular, an increasing number of skilled people are choosing to become independent contractors. This decision not only allows for a more free and independent lifestyle, it also increases earning capacity, with income directly linked to work ... [More]

The Budget Speech delivered a ‘business as usual’ message for contractors in the UK. Contractors can breathe easy with no major changes from 1 April. Budget points for contractors: Personal Allowance unchanged at £6,475 National Insurance rates unchanged at 11% and... [More]

As the tax year comes to an end on 5 April and a new one begins, the employer annual returns can now be processed. The employer annual returns are a combination of 2 sections:    The salary, PAYE and NI paid for each employee (P14 form), and the total PAYE and NI paid to HMRC on beha... [More]