Class 2 NIC collection

From the 2015-16 tax year onwards the collection of Class 2 NICs will be through self-assessment (SA), allowing the self-employed to pay their income tax and Class 2 and Class 4 NICs together through one process. From 6 April 2015 the self-employed will report their...

Class 2 NIC collection

From the 2015-16 tax year onwards the collection of Class 2 NICs will be through self-assessment (SA), allowing the self-employed to pay their income tax and Class 2 and Class 4 NICs together through one process. From 6 April 2015 the self-employed will report their...

Isle of Wight Business and Politics

Two interesting articles in recent days. First the IW County Press carrying an article Data shows Isle of Wight businesses struggling this is based on statistics from Inform Direct, a business information provider. As always the accuracy of data like this needs to be...

VAT issues update

Updates on VAT MOSS and businesses which are alcohol wholesalers. VAT Mini One Stop Shop (VAT MOSS) The place of supply of digital services – otherwise known as broadcasting, telecommunications and electronic services (BTE) – has moved to where the customer is based...