What is hybrid cloud technology?

  Many businesses are starting to realise that having all their data in the cloud may not be the best option. Due to cybersecurity concerns, many firms are migrating applications and data away from the public cloud in favour of a mix of on-premises and private...

New VAT rules for the construction sector

Under new rules due to come in on 1 October 2019 builders, subcontractors and other trades associated with the construction industry will have to start using a new method of accounting for VAT. Under the new rules, supplies of standard or reduced-rated building...

Managing employees who have a side hustle

A recent study suggests that 25% of employees in the UK are running at least one business project alongside their day job. A side hustle is defined as a secondary business or job that brings in or has the potential to bring in extra income. It is particularly popular...

Doctors lobbying for pension tax changes

Hospital doctors and GPs are lobbying the government to amend the pension tax rules as the current system of restricting tax relief on pension contributions means many doctors paying almost all of the extra salary back in tax if they take on additional...

Personal service company changes from April 2020

In the Autumn Budget, the Chancellor announced that the “off payroll” workers rules that currently apply in the public sector would be rolled out to the private sector in 2020. The government has now issued a consultation paper that sets out proposed tax...

Tax diary of main events (July)

2019 Dates What’s Due 1 July Corporation tax for year to 30/9/18 (unless pay quarterly) 5 July Last date for agreeing PAYE settlement agreements for 2018/19 employee benefits 5 July Deadline for agents and tenants to submit returns of rent paid to non-resident...