tax
Tax dodger gets suspended sentence
A Bedfordshire joiner whose two companies failed to pay more than £300,000 in tax has been sentenced after ignoring a director disqualification – he also owed more than £50,000 to other tradespeople Robert Kurzawa was banned as a director for three years in 2017 after his RK UK Construction Ltd company went into liquidation owing […]
Read More58% of self-employed workers don’t know how much their next tax bill will be
GoSimpleTax‘s Mike Parkes sets out his tax advice with just over a month to go until the January Self Assessment Deadline: There’s just over a month until self employed workers will need to submit their self-assessment tax return, and pay the tax they owe.A recent survey of self-employed workers by GoSimpleTax discovered that 58% don’t […]
Read MoreCheck your Self Assessment registration situation – heating and plumbing professionals urged
The year is flying by and time is gradually running out for you to check if you need to submit a Self Assessment tax return for the 2022 to 2023 tax year. If you need to register for the first time, you only have until 5 October 2023 to tell HM Revenue & Customs (HMRC). […]
Read MoreHow self-employed engineers can use technology for easy business bookkeeping
Updating the books is a vital part of running your own plumbing business. But, correctly managing your business finances can seem like a chore – especially if you’re not a ‘numbers person.’ However you feel about them, keeping on top of your business books is essential to track your earnings, review your business performance and […]
Read MoreSEISS Grants Extension for Self-Employed Installers
The Furlough scheme allowed many self-employed installers financially affected by the Coronavirus pandemic to apply for grants through the Self Employed Income Support Scheme (SEISS), and allowed limited companies to apply for coronavirus loans. Following the Spring Budget announcement, these Covid grants have been extended, which means 21/22 tax returns could also include Covid Grant […]
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