So if you are paid (say as a Director) 6,000 in March of the tax year and that is your only pay from that employment in the tax year will that give you a full qualifying year; or does the fact you weren’t paid in the previous 11 months mean you don’t get a full years credit?
The Office of Tax Simplification should be disbanded they clearly don't understand their mission.
Why is it that the small businesses who have transformed the UK economy since the credit crisis always seem bear the brunt of government lunacy?
RTI (what was wrong with annual reporting), Auto-ennrolment (why not just add a bit to NI) , MTD and quarterly reporting, loopy employment status rules, new data protection rules it just goes on and on.
Pointless, pointless, pointless!!
None of this has contributed one iota to helping small business. It just sucks the life out of you.
Estonia apparently has the best and most competitive tax system in the world without the proliferation of rates and reliefs. So why not just have a close look at what they do. Its not rocket science