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]

We have summarised the important bits from Alistair Darling’s pre budget report yesterday for contractors in the UK. Read the details of the Pre Budget Summary (2010/2011) here (63.08 kb PDF).

1st Contact recognises the importance of small business to our economy. All too often, however, the news headlines fail to focus the spotlight on the issues and stories which affect the owners of smaller companies. We are running a series of news stories which will look at current events from the ... [More]

The results of the 2008 Total Tax Survey (which was published by PricewaterhouseCoopers – PwC) have been released and show some very interesting figures.   The report covered all tax receipts from UK organisations up to 31st March 2008 and it turns out that one quarter of all... [More]

This article will provide testimony to the fact that all countries’ economies are struggling to weather this current depression. 1st Contact Tax aims to portray these types of news stories as they unfold over the coming months. We also intend to provide accurate newsworthy information that w... [More]