What is a P11D? A P11D is a form used to report to HMRC any benefits in kind or expenses that your company has paid to employees and directors, if those benefits or expenses have not been subject to PAYE….
Read MoreFollowing England’s spirited performance in the World Cup, the ICS’ heroes at ICSFC also reached the semi-final of the annual ‘Lloyds Bank 5-a-side’ tournament, held at the University of Cumbria last week. After defeat from our first 2 warm-up matches…
Read MoreWhat is IR35? The IR35 legislation came into force with the Finance Act of 2000. Its purpose is to determine if contractors are “disguised employees” and therefore liable for full PAYE and National Insurance via deemed salary. At the end…
Read MoreThe Government is bringing in a new childcare scheme which is designed to support working families’ childcare costs. As experts within the contractor industry, ICS Accounting have detailed what the new Tax-Free Childcare (TFC) includes and the impact it will…
Read MoreHow to price your services to sustain a healthy income could well be one of the biggest dilemma that contractors face. Go too high and clients have abundant opportunities to shop around and take their business to someone charging lower…
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