It is the time of year when employers are considering paying bonuses to their employees but many do not realise the implications of either not putting it through the payroll or committing to paying a net pay amount.
Whilst bookkeepers are not required to have a qualification it is obviously extremely useful for your business if your bookkeeper knows what they are doing!
You are not required to pay your employee whilst they are absent on jury service but many employers do. If you choose not to ....
MTD for ITSA means Making Tax Digital for Income Tax Self Assessment and is HMRCs terminology for the new way of preparing and submitting your income and expenses to them.
If you are an employee or a business owner working from home HMRC allows you to claim tax relief for the costs incurred.