The New Year is a great time to set new goals and reaffirm existing ones. It may also be the right time to make changes in your life and career where appropriate – including re-evaluating your take home pay.
The New Year is around the corner. Contracts are up for renewal, terms are ending, and clients will be finalising their hiring budgets. There’s no better time to look for a new contract role, and we have 3 tips to help you find a new contract in 2018.
HMRC is planning to implement a points-based system for those that are late filing their self-assessments (Personal Tax Returns) and other taxes such as VAT Returns. Currently the penalty for late Personal Tax Returns is £100 instantly for filing late up to three months past the 31st January deadline.
From 13th January 2018, HM Revenue & Customs will no longer be accepting personal credit cards for tax payments. If you are a sole trader or a limited company director, this affects you.
Chancellor Philip Hammond presented his Autumn Budget 2017 to the House of Commons on Wednesday, 22nd November 2017. It outlines the government’s plans for spending, borrowing, taxes and other fiscal measures. Read our Budget summary to see the key announcements and what could affect contractors and freelancers in the UK.