List of Tax-free and taxable state benefits in UK

State benefits that are taxable The most common benefits that you pay Income Tax on are: the State Pension Jobseeker’s Allowance Carer’s Allowance Employment and Support Allowance (contribution based) Incapacity Benefit (from the 29th week you get it) Bereavement Allowance pensions paid by the Industrial Death Benefit scheme Widowed Parent’s Allowance Widow’s pension Tax-free state Read more about List of Tax-free and taxable state benefits in UK[…]

The Barber, The Stylist & The Salon

In this particular trade the stylist as they are skilled people, the owner of the salon knows that it would be best for all the parties to stay as self employed to overcome the burdon of PAYE and VAT registration hurdles. HMRC even acknowledge the fact and have teamed up with the National Federation of Read more about The Barber, The Stylist & The Salon[…]

Workplace pensions – employers’ obligations

All employers will have to provide workers with a workplace pension scheme by law over the next few years. This is called ‘automatic enrolment’. When your business must start doing this (known as a ‘staging date’) depends on how many people you have on your payroll. Check your staging date with The Pensions Regulator. You Read more about Workplace pensions – employers’ obligations[…]

Charity’s annual return

Your charity must submit an annual return if its income is over £10,000. If your charity’s income is under £10,000, you must still keep your registered details up to date, eg income, expenditure, trustees, contact details. You need to send your annual return to a different regulator if your charity is registered in Scotland or Read more about Charity’s annual return[…]