Personal Tax planning can be a complicated landscape to navigate. But with the Brexit process rumbling on and Making Tax Digital finally coming into force, there is no better time than now to put your financial plans in place for 2019/20.
PayStream recently had the pleasure of speaking with Tabatha Rose a Programme Manager working within the Global Marketing Division of HSBC, who has taken the exciting step of setting up a limited company and, as a result, is now a director of her own business.
What are the benefits of working as a contractor? We asked our contractors on social media to complete a short survey highlighting their views and opinions of the current contracting market. The results were shaped by contractors who work in a variety of different sectors including Education, Sales, Retail, Contruction & IT Consulting which provided us with some compelling results.
This year’s Spring Statement from the Chancellor of the Exchequer was rather overshadowed by Brexit but hidden amongst the various promised consultations appeared an HMRC report titled ‘Tackling tax avoidance, evasion and other forms of non-compliance’. We thought we’d share with you our view as to where we are now and where HMRC are planning to go next.
As the end of the tax year approaches there are various rules, rates and allowances in place which if used effectively can ensure you are working in the most tax efficient way. This is why we have created a Year End Tax Guide which covers the following topics from personal allowances and reliefs through to penalties and upcoming charges.
From providing networking opportunities to assist you in making new contacts, to potentially securing more work for you in the future, there are many ways in which social media can be a valuable tool for contractors.
It is estimated that over 269 billion emails are sent worldwide everyday – that’s quite a statistic and it may feel on occasion like most of them are ending up in your inbox! As more and more of us are set to work remotely this is only likely to increase.
This week marked Blue Monday, what some folks like to call the most depressing day of the year. To help shake the January Blues, we asked our contractors on Facebook and Twitter what their most motivational songs are and they answered in their hundreds! We've added some of their most popular choices to our Spotify Playlist.