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3 weeks ago

Biking Bookkeeper

Still recovering from my ankle injury, but already getting ready for next week at @generalstores_ with some new dishes on the menu. Bringing you the taste of Europe to Manchester. #ancoats #manchesteruk #chimneycakes #trdelnik #kurtoskalacs #weddingcake #streetfood ...

3 weeks ago

Biking Bookkeeper

Thank you for the software. 😉It's the last day for #SelfAssessment returns - we've got some #toptips on the way to help you #stress less! #TaxReturns #HMRC #mentalwellness #morethanjustsoftware ...

Thank you for the software. ;)

3 weeks ago

Biking Bookkeeper

IR35

see: www.gov.uk/topic/business-tax/ir35

I've been bombarded by mainly my sole directors, whose company provides services to 1 client, which got invoiced by their LTD. However with the new legislation relating to IR35 it all changes.

HMRC prepared a checklist (see link below) and plenty of other companies (see in the pictures), to prepare you and your clients for the changes.

Check employment status for tax

Use this service to find out if you, or a worker on a specific engagement, should be classed as employed or self-employed for tax purposes.

Use the check employment status for tax tool to:

see if HMRC will treat you as employed or self-employed for tax purposes if you have or expect to have a work contract
find out the employment status of a worker or an individual you engage or represent
There must be a contract in place to see whether the engagement is classed as employment or self-employment. The tool assumes there will be one in place.

Check HMRC supporting guidance for help using the tool.

This service is anonymous and will not store any information you enter, or the result given. You will be able to save and print your result for your own records.

When to use the tool
Use the tool to check employment status when:

you are hiring a worker directly
you or the intermediary you work through accepts a new engagement with a client
you are a public authority hiring a worker and paying for the services of a worker who works through an intermediary
you are an agency or other third party supplying a worker who works for a public authority through an intermediary
there has been a change to an existing contract or service agreement
your worker disagrees with a determination you have provided them
Choose answers that best match the usual working practices of the engagement.

Before you start
You will need to know:

details of the contract
the worker’s responsibilities
who decides what work needs doing
who decides when, where and how the work is done
how the worker will be paid
if the engagement includes any corporate benefits or reimbursement for expenses
If you do not know who the worker is, the tool will not ask questions about the worker’s circumstances. You will still get a determination that HMRC will stand by.

www.tax.service.gov.uk/check-employment-status-for-tax/disclaimer

there is a couple of other resources from university of Sheffield and CAPITA.
...

IR35

see: https://www.gov.uk/topic/business-tax/ir35 

Ive been bombarded by mainly my sole directors, whose company provides services to 1 client, which got invoiced by their LTD. However with the new legislation relating to IR35 it all changes.

HMRC prepared a checklist (see link below) and plenty of other companies (see in the pictures), to prepare you and your clients for the changes. 

Check employment status for tax 

Use this service to find out if you, or a worker on a specific engagement, should be classed as employed or self-employed for tax purposes.

Use the check employment status for tax tool to:

see if HMRC will treat you as employed or self-employed for tax purposes if you have or expect to have a work contract
find out the employment status of a worker or an individual you engage or represent
There must be a contract in place to see whether the engagement is classed as employment or self-employment. The tool assumes there will be one in place.

Check HMRC supporting guidance for help using the tool.

This service is anonymous and will not store any information you enter, or the result given. You will be able to save and print your result for your own records.

When to use the tool
Use the tool to check employment status when:

you are hiring a worker directly
you or the intermediary you work through accepts a new engagement with a client
you are a public authority hiring a worker and paying for the services of a worker who works through an intermediary
you are an agency or other third party supplying a worker who works for a public authority through an intermediary
there has been a change to an existing contract or service agreement
your worker disagrees with a determination you have provided them
Choose answers that best match the usual working practices of the engagement.

Before you start
You will need to know:

details of the contract
the worker’s responsibilities
who decides what work needs doing
who decides when, where and how the work is done
how the worker will be paid
if the engagement includes any corporate benefits or reimbursement for expenses
If you do not know who the worker is, the tool will not ask questions about the worker’s circumstances. You will still get a determination that HMRC will stand by.

https://www.tax.service.gov.uk/check-employment-status-for-tax/disclaimer

there is a couple of other resources from university of Sheffield and CAPITA.Image attachmentImage attachment

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1 month ago

Biking Bookkeeper

One can't do too much sponsoring, especially of a new under 8/9 Girl football team DRAGONS in Newton le Willows. Let's hope they'll have fun whilst playing. ...

One cant do too much sponsoring, especially of a new under 8/9 Girl football team DRAGONS in Newton le Willows. Lets hope theyll have fun whilst playing.Image attachment

2 months ago

Biking Bookkeeper

Merry Christmas from team Biking Bookkeeper - Alice, Marketa, Mark, Magda, Martin and Katarina. Thank you, guys for being a wonderful team and very strong pillar to the business. ...

Merry Christmas from team Biking Bookkeeper - Alice, Marketa, Mark, Magda, Martin and Katarina. Thank you, guys for being a wonderful team and very strong pillar to the business.

2 months ago

Biking Bookkeeper

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