Introduction Self Assessment is a system HM Revenue & Customs (HMRC) uses to collect Income Tax. Income Tax is usually deducted automatically from wages, pensions and savings. However, people and businesses with other income must report it in a Self Assessment tax return. Do I need to file a Self Assessment tax return? You can…
1. Write everything down. Everything. The act of writing is like zen for your busy mind, and research shows you’re more likely to remember things you write out. Taking the time each day to write down all of your appointments, tasks and goals is worth every minute spent. It will save you time the next…
Advice to help employers avoid potential problems with staff parties and holidays over the Christmas period The Labour Relations Agency (LRA) is providing advice to Northern Ireland employers on holiday requests and Christmas parties. By thinking now about potential problems that could arise over the Christmas period employers can plan ahead to make it a…
National Minimum Wage and National Living Wage rates The following rates are for the National Minimum Wage and the National Living Wage in the UK and apply to workers in Northern Ireland. These minimum wage rates have been in effect since 1 April 2018. Current minimum wage rates *Apprentices under the age of 19 years…
EU law makes it easier for people to shop online New Geo-Blocking Regulation took effect on 3 December 2018 across the European Union (EU). Geo-blocking refers to practices used by online sellers to restrict online cross-border sales based on nationality, residence or place of establishment. The regulation seeks to prohibit unjustified geo-blocking, such as: blocking…
HMRC is writing this week to all NI businesses who import or export goods with EU Member States, other than the Republic of Ireland. Firms who are not already registered for customs are advised to: register for a UK Economic Operator Registration and Identification (EORI) number decide whether they will use a customs agent to…
Access live help to get your Self Assessment tax return in on time Beat the January rush for Self Assessment and get your tax return submitted before the 31 January 2019 deadline. HM Revenue & Customs (HMRC) are hosting a number of live webinars to help the self-employed with Self Assessment. The live webinars give…
HM Revenue & Customs (HMRC) has written to Northern Ireland businesses that only trade with the EU explaining the situation if the UK leaves the EU without a deal HMRC has written to 145,000 VAT-registered businesses across the UK, including Northern Ireland, which only trade with the EU. The letters explain changes to customs, excise…
Training and IT improvement grants for businesses that complete customs declarations From early December 2018, you can apply to get funding to help your business complete customs declarations, in preparation for the UK leaving the EU. You can apply to get funding for: training that helps your employees to complete customs declarations and processes IT…
Consider the benefits for your business and advertise your apprenticeship or work experience opportunities today Benefits for your business Taking on an apprentice or work experience placement can help: save on recruitment costs discover new talent identify new skills increase productivity find solutions to problems Through Connect to Success NI, the free online system developed…
