If you employ students to manage your staff needs over the summer break period, you’ll need to add them to your payroll and apply PAYE and NIC rules. Students should be advised that they will pay tax and NIC if: they earn more than £1,042 a month on average, and pay NIC if they earn […]

It’s possible to make small tax-free payments to employees, including directors. This might be an appropriate time to make a small tax-free bonus in advance of the annual holidays. Employers and employees don’t have to pay tax on such a benefit if all of the following apply: it cost you £50 or less to provide, […]

As we’re approaching the annual holiday season it would seem to be a suitable time to set out employees’ rights to receive holiday pay. Almost all workers are legally entitled to 5.6 weeks’ paid holiday per year (known as statutory leave entitlement or annual leave). An employer can include bank holidays as part of statutory annual leave. Most workers […]

There are a number of tax incentives that you can take advantage of if you own and let a Furnished Holiday Lets property (FHL). They include: you can claim Capital Gains Tax reliefs for traders (Business Asset Rollover Relief, Entrepreneurs’ Relief, relief for gifts of business assets and relief for loans to traders), you are […]

Everyone seems to be glued to their phones these days. It’s a marvellous thing, to be able to access the internet on the hoof, whether that’s for work or for entertainment. But you should always think twice before going public with free wi-fi. It’s a given these days that we all have business meetings in […]

In January we told you about our in-house IT Specialist Matt Arnold and the voluntary work he does with Birdman Parrot Rescue. Last week we had a day when the birds came to work! Matt is the one who makes the IT equipment and paperless office run smoothly here at Jones Harris. Information technology is […]

Dates and deadlines for this month and June 2019 – 1 May 2019 – Due date for Corporation Tax due for the year ended 30 July 2018. 19 May 2019 – PAYE and NIC deductions due for month ended 5 May 2019. (If you pay your tax electronically the due date is 22 May 2019) […]

If you’re an employer, you have a statutory duty to provide your employees with a copy of their P60 (pay and tax details for 2018-19) on or before the end of May 2019. If you distribute P60s and then discover that changes need to be made you will need to give employees a replacement P60 […]

You will pay Scottish Income Tax if you live in Scotland, Income Tax if you live in England or Northern Ireland and the Welsh Income Tax if you live in Wales. At present, the only regional variations under the control of the Scottish or Welsh government’s are the rates of Income Tax charged. For 2019-20, […]