Blog Feed: Contractors Tax

April 2012 Tax Questions & Answers

Published on 2012-04-19 14:21:00

Q. I am about to move abroad, for what I hope will be a permanent relocation. Can I continue to contribute to my tax-free ISAs in the UK?A. To open an ISA you must be resident and ordinarily resident in the UK for tax purposes. This broadly means that you normally live in the UK. There are exceptions for members of the military and government employees who are sent to work abroad. Once you have emigrated, you will not be permitted to open a new ISA, or contribute to ISAs already he [..] > read more

Autumn Statement Tax Summary

Published on 2011-12-11 11:38:00

George Osborne did not have great tidings to impart when he presented his Autumn Statement to the House of Commons on 29 November 2011. The best he could offer the ordinary taxpayer was a freeze in road fuel duty until 1 August 2012, when it will increase by 3.02p per litre. Train and tube fares were due to rise by a whopping 8.2% next year, but this rise will be limited to (wait for it...) 6.2%.Businesses who occupy small commercial premises receive some generosity with an extension to t [..] > read more

Tax Refund Scam Email

Published on 2011-09-20 12:03:00

Today I received an email telling me that I was entitled to a tax refund of £268.50! Of course this would be very nice, but as I make my living giving professional tax advice, I instantly knew that sadly this was just a scam. I have seen many of these before, but this is the first that I have been sent directly as the target of a tax refund scam! A copy of the email is below:Many people have been caught by similar scams. HMRC never contact you this way, I quote from the HMRC website:"HM R [..] > read more

Preferred Advisers for the Commonwealth Judo Championships 2012

Published on 2011-09-07 05:51:00

I am very pleased to announce that Harries Watkins Jones are the preferred adviser to CJC2012 LTD a company formed to arrange and deliver the Commonwealth Judo Championships 2012. The event will take place in Cardiff, commencing on the 22nd January 2012. An exciting high profile event for Cardiff and Wales. To find out more about the event, visit the official website. The Commonwealth Judo Association website stated, "The Commonwealth Judo Association are delighted to announce that the 2012 [..] > read more

Harries Watkins Jones Hits Number 1!

Published on 2011-09-05 07:11:00

The Contractor Supermarket website has a chart of what it rates as the top 100 contractor accountants. Customers assess accountants in relation to quality, service and satisfaction. We are pleased to announce that today we have reached the position of number 1 in the chart! You can see the chart here. We would like to thank everybody that voted for us. We however are not complacent and are still working harder than ever to increase the quality of service that we provide to our clients.If you [..] > read more

September 2011 Tax Tips & News

Published on 2011-09-04 10:38:00

Welcome...To September's Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.If you need further assistance just let us know or you can send us a question for our Question and Answer Section.We are committed to ensuring all our clients don't pay a penny more in tax than is necessary.Please contact us for advice in your own specific circumstances. We're here to help!Swiss Bank Account Tax DealStashing money in a Swiss bank account is no [..] > read more

August 2011 Tax Tips & News

Published on 2011-08-06 11:44:00

Welcome...To August's Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.If you need further assistance just let us know or you can send us a question for our Question and Answer section.We are committed to ensuring all our clients don't pay a penny more in tax than is necessary.Please contact us for advice in your own specific circumstances. We're here to help! New Workplace Pensions CostAnother set of regulations is set to fall on [..] > read more

July 2011 Tax Tips & News

Published on 2011-07-28 12:24:00

Welcome...To July's Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.If you need further assistance just let us know or you can send us a question for our Question and Answer Section.We are committed to ensuring all our clients don't pay a penny more in tax than is necessary.Please contact us for advice in your own specific circumstances. We're here to help! Web Bots Are Out to Get You!The Taxman has announced he is going to start [..] > read more

June's Tax Questions and Answers

Published on 2011-06-28 11:32:00

Welcome...To June's Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.If you need further assistance just let us know or you can send us a question for our Question and Answer Section > read more

April 2011 Tax Tips & News

Published on 2011-04-07 06:16:00

Welcome...To April's Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.If you need further assistance just let us know or you can send us a question for our Question and Answer Sectio > read more

Budget 2011, Tax Summary

Published on 2011-03-24 05:58:00

This article aims to summarise the main tax measures of yesterdays Budget however it is not intended to be comprehensive. IndividualsPersonal AllowancesThese allowances represent the amount of an individual's income in the tax year that is not subje > read more

Taxation Editor

Published on 2011-03-03 06:44:00

I am pleased to announce that I have accepted the role as Tax Editor on totalinvestor.co.uk. I am honoured to have been chosen for this position.Total Investor is a multi disciplinary information website for both consumers and professionals.& > read more

March's Tax Tips & News

Published on 2011-03-02 08:51:00

Welcome...To March's Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.If you need further assistance just let us know or you can send us a question for our Questions and Answers sect > read more

February's Tax Tips & News

Published on 2011-02-01 07:57:00

Welcome...To February's Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.If you need further assistance just let us know or you can send us a question for our Question and Answer S > read more

January's Tax Tips & News

Published on 2011-01-02 12:11:00

Happy New Year & Welcome...To January's Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.A reminder that the most immediate issue to deal with for most businesses is of cours > read more

October's Tax Tips & News

Published on 2010-10-05 10:31:00

Welcome October's Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman. Should you wish to be emailed a copy each month then you can subscribe here.If you need further assist > read more

September's Tax Tips & News

Published on 2010-09-04 17:04:00

Cycle to Work Scheme UpdateThe cycle to work scheme allows employers to lend cycles to their employees tax-free, and in some cases the employees can purchase the cycle at the end of the loan period. However, the Taxman is looking carefully at abuses > read more

Harries Watkins Jones a first in Wales

Published on 2010-08-20 05:28:00

The Professional Contractors Group (PCG) is the voice of freelancing: the association that represents, supports and promotes freelancers, contractors and consultants in the UK.I am very pleased to announce that Harries Watkins Jones are the first > read more

August's Tax Tips & News

Published on 2010-08-02 12:24:00

Withdrawal of CIS Gross Payment Status Every month the Taxman's computer reviews the tax records for a number of contractors in the Construction Industry Scheme (CIS) who qualify for gross payment status. This means that tax does not have to be ded > read more

New Bridgend Offices Opening Soon

Published on 2010-07-12 12:57:00

We are moving from our Pencoed offices on Monday 26th July 2010 to 1a Charnwood Park, Bridgend, CF31 3PL, in order to make using our offices more convenient for our clients. The offices are located approximately 5 minutes from Junction 35 of the M4 > read more

The origins of IR35

Published on 2010-07-10 04:09:00

In this post we consider what IR35 is.In the words of the Inland Revenue (now HMRC) they defined IR35 as follows:“These rules were first proposed in the 1999 Budget news release numbered IR35. They have since become commonly referred to as “IR35 > read more

IR35 They think it is all over!

Published on 2010-07-08 06:21:00

I found this interesting article on the PCG website PCG IR35 article.If you need IR35 advice then contact us. > read more

Is this the end of IR35?

Published on 2010-07-01 06:38:00

The new coalition government has promised a comprehensive review of IR35, read here the Professional Contractors Group (PCG) view on the matter. > read more