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Stephen Hill Partnership Blog

COVID-19: support for businesses

The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19.   This includes a package of measures to support businesses including:   – a Coronavirus Job Retention Scheme   – deferring...

Looking ahead to the Budget

With 4 weeks to go until the Budget, we wanted to remind you that we’ll have all the information you need right here in our App Budget Pack.   Chancellor Rishi Sunak will hand down the first post-Brexit Budget, and is expected to prioritise the environment, and build on...

HMRC: Making Tax Digital

HMRC are running a webinar for guidance around the changes affecting VAT-registered businesses with a taxable turnover above £85,000. Most VAT-registered businesses with a taxable turnover above £85,000 are required to keep digital VAT records and submit VAT returns under Making Tax Digital rules, using compatible software. You can...

Changes to the off-payroll working rules (IR35):

Understanding off-payroll working (IR35) The off-payroll working rules can apply if a worker provides their services through an intermediary. An intermediary will usually be the worker’s own personal service company. They could also be a partnership, a managed service company, or an individual. The rules make sure that workers,...

EASE THE PRESSURE ON CASH FLOW:

As your accountant, we’re here to give you tips and advice on managing your finances and tax preparation all year round. Our topic today is around self assessment. We wanted to let you know that you can pay your self assessment bill through your PAYE tax code as long...