25
Sep

Self Billing Contracts

An Agency operating a self billing system means they do not require an invoice to be submitted by the Contractor‘s Company and they will pay for services provided on submission

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25
Sep

Year End Accounts & Personal Tax Returns – Have you returned your checklists & supporting information?

We are currently working on preparing your (5th April) Year End Accounts and 13/14 Personal Tax Returns and in some cases, we haven’t received all the necessary information required to

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08
Sep

Accounting Jargon 101

Getting your head around your accounts is vital in ensuring your business thrives. You can be the best in your field but with bad cash flow, your business might not

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01
Sep

The Ins and Outs of EBTs

EBTs (Employee Benefit Trusts) are schemes which have been marketed as genuine tax saving plans whereby the client receives a non-repayable loan or a loan on favourable terms, gifts or

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11
Aug

The Business Entity Test

The BETs have been around for a couple of years now and have largely seen the response from contractors and professionals alike, that they are not too helpful. In a

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04
Aug

Real Time Information (RTI): A Year On

Last year, contractors were affected by the biggest change to payroll procedures in decades; Real Time Information (RTI). The new legislation meant that contractors would have to start filing payroll

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21
Jul

Name Change & Service Fees

We’ve made a change to how your monthly service fees and tax reserve deductions are detailed on your business bank account; they now show as Powered by Integra Limited. This

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21
Jul

Some Points to Note Regarding Expenses

HM Revenue and Customs (HMRC) general rule for claiming expenses is that they must be wholly, exclusively and necessarily incurred in performing your duties. If an expense has duality of

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23
Jun

Personal Tax – Payment on Account Reminder

If your personal tax for Self Assessment in January was more than £1,000, HMRC require that you make your second payment on account by 31st July 2014 as they require

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23
Jun

Flat Rate VAT Scheme Diligence

HMRC have recently updated the Flat Rate Notice – see link below; HMRC Notice 733 (April 2014) FWA, as authorised VAT agents, have recently been contacted by HMRC senior officers

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