Key tax dates and deadlines for contractors in 2024
As you get back into the swing of things in the new year, you may wonder what key tax dates and deadlines you must be aware of in 2024. We've compiled a helpful timeline of the most important accounting dates to help you stay on top of your tax obligations in 2024.
Beat the January rush and file your 2022/23 self-assessment tax return today
The self-assessment tax return filing deadline for the 2022 to 2023 tax year is the 31st of January 2024, but there are many benefits to filing now and beating the January rush.
Rolled up Holiday Pay to be introduced for part-year and irregular-hour workers
In its response to the retained EU employment law consultation, the government announced it would introduce rolled-up holiday pay for all irregular-hours workers, including part-year and agency workers.
Be aware of fake letters from scammers posing as HMRC, Companies House and other government departments
Limited company directors (including contractors and freelancers with a personal service company) are being targeted by scammers posing as HMRC, Companies House and other government departments. Therefore, it’s extremely important that you read all correspondences carefully and do not make any payments or take action unless you are entirely satisfied the letters you have received are legitimate. Keep reading for more information, including an example of a fraudulent letter and links to helpful, official government guidance.
Churchill Knight launch new CIS payroll service for self-employed construction workers
To cater to the rising demand for CIS payroll specialists, Churchill Knight is delighted to announce that we have officially launched Churchill Knight CIS – a compliant and efficient payroll service to cater exclusively to self-employed professionals working in the construction sector.
Churchill Knight passes annual FCSA audit and maintains prestigious accreditation
Churchill Knight & Associates Ltd and Churchill Knight Umbrella have both successfully passed the annual FCSA compliance audit, maintaining our FCSA membership for another year. Please keep reading to learn more about our renewed membership and how maintaining our FCSA accreditation showcases our commitment to compliance within our sector.
Spring Budget 2023: The Chancellor’s Key Announcements
Chancellor Jeremy Hunt unveiled his first Spring Budget in the House of Commons today (15th March 2023). Continue reading to discover the key announcements in the Spring Budget 2023.
Spring Budget 2023: What announcements can you expect
The Chancellor of the Exchequer will present his Spring Budget 2023 to Parliament on Wednesday 15th March 2023. The Office for Budget Responsibility (OBR) will publish revised forecasts for the economy and public finances on the same day.
The 2021/22 self-assessment tax return deadline is less than a week away (31st of January, 2023)
If you are required to submit a self-assessment tax return for the 2021/22 tax year, the 31st of January 2023 deadline is approaching quickly. Failure to submit your tax return by the deadline will automatically result in a £100 penalty. Keep reading to learn more about self-assessment tax returns and advice to help you meet the deadline and avoid a fine from HMRC.
Autumn Statement 2022: Jeremy Hunt’s Key Announcements
The Chancellor of the Exchequer delivered his Autumn Statement to The House of Commons on 17th November 2022. Continue reading to discover Jeremy Hunt's key announcements.