It’s the first week back to work after taking some much-needed time off over Christmas and New Year. It’s tough to get back into the hustle and bustle of ‘normal’ life after what seems like a long time off.
When do you complete your self-assessment? In 2018 over 30,000 taxpayers submitted their self-assessments in the final hour before the deadline on 31st January. Almost 750,000 people missed the deadline altogether. It is advised that you avoid this busy period and complete your self-assessment before Christmas.
On Friday 30th November 2018, Churchill Knight & Associates Ltd hosted a breakfast seminar in Whitechapel, London, exclusively for recruitment professionals. We’ve already received some wonderful feedback and as a result, we’ll be looking to arrange similar mornings in the near future.
Christmastime is a great time to be rewarded for a year of hard work – and contractors can benefit too. Whether you’re a one-person limited company or a company with 50+ employees, you can claim for some Christmas party expenses to be exempt from tax and National Insurance (NI).
Private sector contractors’ right to decide their own IR35 status is being taken away from April 2020 when they are engaged by a medium or large-sized client and working through an intermediary such as a limited company. With these changes coming into effect, it’s good to know how end-clients and agencies may handle IR35 in such instances.