Nov 22, 2020 | Construction Industry Scheme (CIS), Payroll, Self Employment in UK, Uncategorised
CIS (Construction Industry Scheme) is a tax deducted by the contractor from the subcontractor’s salary and transferred to HMRC. In other words, it is a tax that must be declared during self-assessment tax return and usually the overpaid amount is refunded....
Nov 7, 2020 | COVID-19, Self Employment in UK, Uncategorised
We are in the quarantine again! Thankfully the government took under the consideration situation of self-employed people and decided to increase the grant. Increase is from 55% to 80%. It is for two periods: November 2020-January 2021 February 2021 – April 2021 The...
