People who are self employed and need evidence of their earnings for mortgage and loan applications will find it easier to get the information after changes to the paperwork, HMRC has said.
a client is consulting as self employed for one company and is employed by another.
they would receive employment income of £39,575 year which is roughly £2500 net after tax a month
How about this for HMRC bureaucracy? AKA how to ensure the balance of payments surplus is maximised.
As self assessment draws to a close for another few months, AccountingWEB has been reflecting on various areas that may have caused pain-points for practitioners.
Client formed a limited company but did not set up PAYE. She is the only person that works in the business. She has processed 'wages' through the Ltd Co accounts as apyments to herself as a self-
Agents and taxpayers can no longer pay cash or cheques of more than £10,000 via the Post Office, after Santander brought in a new temporary measure.
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