CIS contractors CIS subcontractors Construction Industry Scheme (CIS) COVID-19 Dividend income Employment income Income tax Non resident landlords PAYE Property income and buy to let (BTL) landlords Self Assessment tax return Taxation Services UK Taxation

Taxing times for UK taxpayers

Taxing times for UK taxpayers are upon us because of Coronavirus. Canalitix Accountants have created a set of income tax calculators and schedules to aid tax payers with their income tax planning. The income tax calculators will focus on the construction industry and buy to let (BTL) property investors. Prior to COVID-19, BTL property investors […]

COVID-19 Dividend income Employment income Help with VAT PAYE CIS and Corporation Tax Help HMRC and Companies House filing deadlines Income tax IR35 implementation in the private sector IT Contractors PAYE Taxation Services The Coronavirus Job Retention Scheme UK Taxation

COVID-19: Ineligible furloughed directors

COVID-19: Ineligible furloughed directors are mostly those receiving a monthly tax-free salary of £719 per month for 2019/20. This issue relates to claims for Coronavirus Job Retention Scheme (CJRS) grants being rejected as ineligible. The companies affected are those where the directors have operated a payroll for themselves only and opted to receive a monthly […]