This month we look at the tax implications of employing your children in the business, we review the national minimum wage rises from 1 April 2018. Are you aware of the rent a room relief rules if you let a room in your own home? Other articles include PAYE codes and VAT penalties.
Welcome to our quarterly newsletter. In our 1st edition, we look at national insurance for the self employed, a new property allowance, the introduction of Simple Assessments and the government’s plans for Making Tax Digital which will start in April 2019.