Blog

Accounting Insights

Understanding the off payroll working rules

Understanding The Off Payroll Working Rules

Understanding the off payroll working rules, also known as IR35, is crucial for individuals and businesses involved in providing services through intermediaries like personal service companies (PSCs). These...
tax code

What Is A Tax Code?

Understanding your tax code is essential for ensuring you’re receiving the right tax allowances and deductions. The letters in your tax code signify your entitlement to the annual...
CBW BLOG - how payroll works

Payroll Outsourcing And Data Security

Ensuring Your Business is Protected. In the realm of small business operations, efficiency and accuracy are paramount. Yet, amidst the myriad responsibilities that come with managing a small...
VAT reverse charge works

Are You Eligible For The VAT Flat Rate Scheme?

The VAT Flat Rate scheme is available to VAT registered businesses expecting their taxable turnover in the next 12 months to be £150,000 or less, excluding VAT. This...
maximising tax deductions

Maximising Tax Deductions

A Bookkeeper’s Guide For Small Business Owners As a small business owner in the UK, you understand the importance of managing your finances effectively to maximise profits and minimise...
outsourcing payroll

Payroll Outsourcing vs. In-House Payroll

Choosing What’s Best for Your Business The efficient management of payroll is a critical aspect of any business, influencing both employee satisfaction and compliance. As companies navigate the...
payment of wages

Reporting Early Payment Of Wages

The holiday season is a time of joy, celebration, and, for many, a time of financial planning. Employers, recognising the significance of the festive period, often consider innovative...
Dividends

Dividends: How Are They Taxed?

Dividends received are subject to taxation as income, although the applied tax rates differ from the formal Income Tax rates. Additionally, individuals can receive dividends up to the...
self employed profits

Reporting Self-Employed Profits

The upcoming reforms in the UK tax system are set to revolutionise the way trading income is allocated to tax years, particularly impacting sole traders and partnerships utilising...
Get In Touch

Contact us today to arrange a free consultation

Scroll to Top