Tax & VAT

BIZORB'S PICK Introduction To Expenses And Benefits For Employers

Introduction To Expenses And Benefits For Employers

Introduction To Expenses And Benefits For Employers 5.00/5 (100.00%) 1 vote
Tuesday 10th September 2019

Overview If you’re an employer and provide expenses or benefits to employees or directors, you might need to tell HMRC and pay tax and National Insurance on them. Examples of expenses and benefits include: Company cars Health insurance Travel and ... Read More »

Agricultural Sick Pay

Agricultural Sick Pay 3.00/5 (60.00%) 1 vote
Tuesday 10th September 2019
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Overview Agricultural Sick Pay (ASP) means you’re paid at least the Agricultural Minimum Wage when you’re off work sick. It includes any Statutory Sick Pay you might be entitled to. There are different rules for Agricultural Sick Pay in Scotland. What you’ll get Number of months continuous employment when you went off sick Maximum weeks ... Read More »

Holiday Entitlement

Holiday Entitlement 5.00/5 (100.00%) 1 vote
Tuesday 10th September 2019
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Entitlement Almost all workers are legally entitled to 5.6 weeks paid holiday per year (known as statutory leave entitlement or annual leave). Self-employed workers aren’t entitled to annual leave. Working 5 days a week Most workers who work a 5-day week, must receive 28 days paid annual leave per year. This is calculated by multiplying ... Read More »

Volunteers’ Rights, Expenses And Placements

Volunteers’ Rights, Expenses And Placements 3.00/5 (60.00%) 1 vote
Tuesday 10th September 2019
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Volunteers’ rights Most volunteers don’t have a contract of employment, so don’t have the rights of an employee or worker. They are usually given a volunteer agreement that explains: The level of supervision and support they’ll get What training they’ll get Whether they’re covered under the organisation’s employer or public liability insurance Health and safety issues ... Read More »

Getting Someone To Help With Your Tax Credits Claim

Getting Someone To Help With Your Tax Credits Claim 3.00/5 (60.00%) 1 vote
Tuesday 10th September 2019
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Authorisation You must be authorised to talk to the Tax Credit Office about someone else’s tax credits. If you’re not, every time you call that person must confirm your identity during the call. Get authorised Send form TC689 to the Tax Credit Office. This must also be signed by the person you’re representing. The authorisation ... Read More »

Childcare And Tax Credits

Childcare And Tax Credits 5.00/5 (100.00%) 1 vote
Tuesday 10th September 2019
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What you’ll get You could get extra tax credits to help pay for some of your childcare costs while you’re working. You could get: Up to £122.50 a week – for 1 child Up to £210 a week – for 2 children or more You can’t get 100% of the costs and how much you get ... Read More »

How To Claim Tax Credits

How To Claim Tax Credits 3.00/5 (60.00%) 1 vote
Tuesday 10th September 2019
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How to claim If you’re already claiming tax credits you don’t need a claim form – just call the helpline to update your claim. If you’re new to tax credits, contact the Tax Credit Helpline for a claim form. You can’t apply online or download the form and it takes up to 2 weeks to ... Read More »

VAT Registration

VAT Registration 4.00/5 (80.00%) 1 vote
Tuesday 10th September 2019
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Overview You must register for VAT with HM Revenue & Customs (HMRC) if your business turnover is more than £77,000. You can register voluntarily if it’s below this. When you register, you’ll be sent a VAT registration certificate. This confirms: Your VAT number Your ‘effective date of registration’ – the official date you’re registered for VAT ... Read More »