Calculating a Director’s National Insurance Contributions (2025/26) When it comes to director’s National Insurance contributions, the rules differ from those for regular employees. While employees’ NICs are calculated based on their pay intervals (weekly or monthly),...
Register for Self-Assessment: What You Need to Know for 2024/25 If you need to register for Self-Assessment and need to submit a tax return for the 2024/25 tax year, it’s vital to act early. You must register before 5 October 2025 to avoid penalties and to ensure HMRC...
New Evidence Requirements for PERSONAL PENSION RELIEF From 1 September 2025, HMRC introduced new rules that affect how individuals claim PERSONAL PENSION RELIEF. Previously, higher or additional rate taxpayers could secure relief through their tax code without...
Spotting the Signs of Fraud in Umbrella Companies Umbrella companies play an important role in the recruitment supply chain, offering a way for temporary workers to receive payment through PAYE. However, not all umbrella companies are compliant, and umbrella company...
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