Client Fact Sheets & Guides

Here we provide a few helpful fact sheets and guides - just click the links to download.

Specific guidance and advice is always based on personal circumstances and legislation can frequently change,

so please remember to seek a professional opinion before undertaking any tax or business planning.

You can find a summary of tax rates and allowances for 2015/16 here.

Starting a Business

 

Choice of business structure - guidance on the different business structures available and the differences between them.

 

Registering a new business - guidance on all of the different registration processes that need to be considered when you first start a business.

 

Keeping business records - complete and accurate business records are invaluable to any business, get off to a good start by following our advice.

General Business Guides

 

Business grants - an introduction to business grants

 

HMRC business checks - an overview of business records and compliance checks

 

Cash basis - an overview of the cash accounting basis for smaller businesses

 

Simplified expenses - an overview of the simplified expenses option for smaller businesses

Construction Industry Scheme

 

Introduction to the CIS - this guide gives an overview of the Construction Industry Scheme and how the regulations might affect you.

 

Contractors' CIS Guide - specific guidance for contractors operating within the construction industry.

 

Subcontractors' CIS Guide - specific guidance for subcontractors working in the construction industry.

Limited Companies

 

 

coming soon!

 

 

 

 

 

 

Payroll

 

Employing staff - a useful guide for anyone about to employ staff for the first time

 

Tax exempt benefits - a guide to some of the common benefits in kind that are tax free

 

Dispensations - what they are, how they can help and how to apply

 

PAYE Settlement Agreements - find out about what they are, how they can help and how to apply

 

P11Ds and P9Ds - what they are and what you need to do

VAT

 

Registration and Administration - an overview of registration requirements and filing deadlines

 

Record Keeping - record keeping requirments for VAT registered businesses

 

Cash Accounting Scheme - find out if you are eligible for cash accounting and if it could help your business

 

Flat Rate Scheme - an overview of the scheme, how to find out if it will benefit your business and how to apply.

Individuals

 

more coming soon!

 

Tax Credits - an overview of the tax credit system.

 

National Insurance - an overview of each class and how much you need to pay.

 

Trusts & Estates

 

 

coming soon!

 

 

Income from Property

 

Residential letting - whether letting a room in you main home or a separate property, this guide gives an overview on how this will be treated for tax purposes.

 

Holiday lets - there are special rules for dealing with income from holiday lets, see this guide for an overview.

 

Let Property Campaign - details about the HMRC Let Property Campaign and how to make a disclosure.

© 2015 Waveney Tax Solutions

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