19 June 2023
For many business owners in the UK, navigating the Construction Industry Scheme (CIS) can be both confusing and overwhelming. With constantly changing rules and regulations, it can be difficult to remain compliant while still managing your day-to-day business operations. However, there is a simple solution to this problem: invest in…
In recent years, the gig economy has experienced incredible growth, with more and more people choosing to work as freelancers and independent contractors in the construction sector. While this type of work comes with a great deal of freedom and flexibility, it also has unique challenges, particularly in terms of…
13 March 2023
As you may know, processing CIS payment and deduction statement can be a tedious and time-consuming affair. It usually involves a variety of tasks, including invoicing clients correctly, processing timesheets and submitting the CIS300, among others. Moreover, the same processes need to be repeated week after week, month after month.…
1 April 2022
The below NMW rates come into effect from 1st April 2022.
28 February 2022
There has been an introduction of a revised policy on the VAT treatment of early termination fees and compensation payments by HMRC by the publication of Revenue and Customs Brief 2 (2022). This will be taken into consideration from April 1, 2022. This would be used instead of the guidance…
