Articles Tagged with:
Finance
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Working With Subcontractors Long-Term - What You Need To Know
Understanding the difference between bonafide and labour-only subbies, navigating the CIS rules, and working out whose insurance covers what is challenging enough. Throw into the mix all the myths and misconceptions and you can get lost real quick.
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Should I Be Taking A Pension?
What are the benefits of taking a pension? What are the benefits of taking a pension? Should I pay a pension personally or through the business? Are pension tax efficient? How to save tax by using Pensions?
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What Are Pensions (Auto Enrolment)?
Pensions are a tax efficient way to prepare for your life after your business and to reduce your corporation tax if your contributions are made through the company! Here’s a quick overview about pensions and some of the benefits around them
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Bookkeeping Is Undervalued
Why is bookkeeping undervalued in the construction industry? Does your business need bookkeepers? What is the difference a bookkeeper can make?
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Registering As A Contractor Under CIS & Responsibilities
Registering As A Contractor Under CIS & Responsibilities, Registering As A Contractor Under CIS, What Are Your Contractor Responsibilities Under CIS? What Information must be submitted to HMRC for CIS?
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Example of CIS Calculation
Example of CIS Calculation, CIS calculation, Xero, Quickbooks, CIS Deduction, Contractor, Subcontractor, Qualifying Materials, Gross Amount, Net Amount, CIS Tax To Deduct
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What CIS Tax Rates Apply To You?
What CIS Tax Rates Apply To You? Why Do Businesses In The Construction Pay CIS? CIS 30% Tax Deduction, CIS 20% Tax Deduction, CIS 0% Tax Deduction
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What work falls under the Construction Industry Scheme (CIS)?
What work falls under the Construction Industry Scheme (CIS)? What Work Falls Under CIS? What Work Doesn’t Fall Within CIS? Private Households?
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What Is The Construction Industry Scheme? (CIS)
What Is The Construction Industry Scheme? (CIS) What Is CIS Tax? How Does This Affect Contractors? How Does This Effect Subcontractors? CIS can be confusing and having a central location for Construction Industry Scheme Resources can really help construction businesses.
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How To Offset CIS Against Taxes or Payment Into Your Account
How To Offset CIS Against Taxes or Payment Into Your Account, CIS refund, tax bills, Corporation Tax, PAYE, National Insurance, company UTR (Unique Reference Number), accounting period to offset the CIS against, write ‘offset CIS repayment against corporation tax’
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Is Your Accountant Doing Enough For You?
You pay the accountant, again and again, thinking this is all they should be doing. What if I told you there is more? There is more to your business and there is more to what you should be receiving.
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CIS Verifying Your Subcontractors
CIS Verifying Your Subcontractors, CIS verification information required, CIS subcontractor verification using the HMRC website, Verification results, How often do you need to verify subcontractors?
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How to Apply for CIS Gross Status (0% Tax Deduction)
How to Apply for CIS Gross Status (0% Tax Deduction), Business Test, Turnover Test, Compliance Test, Compliance Test, Alternative Test, ‘Prospective’ Receipt Test, ‘Transferred Receipts’, Cashflow Difficulties, Compliance Torrance, Gross payment status
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What CIS Penalties Are There?
What CIS Penalties Are There? HMRC, Gross Payment Status, Cashflow, Late Filling, Subcontractor, Contractor, CIS Responsibilities, CIS duties
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CIS Repayments - How To Claim Your Repayment
CIS Repayments, subcontractors, gross payment status, CIS deductions, PAYE, National Insurance, Corporation Tax, Limited Company, VAT, Bank Account, Tax, Large Repayments
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Can You Be A CIS Contractor AND CIS Subcontractor?
Can You Be A CIS Contractor AND CIS Subcontractor?
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Registering As A Subcontractor Under CIS
Registering As A Subcontractor Under CIS, What Information Do I Need To Register For CIS As A SubContractor? Limited Companies, CIS, HMRC, Contractor, Gateway Account, Residential Clients, CIS Resource Hub, CIS Knowledge Hub, VAT Number, National Insurance Number
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When To File Your Monthly CIS Return and Make Payment By
Do you know when To File Your Monthly CIS Return and Make Payment By? Find everything that you need to know within this article!
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What Is A CIS Payment & Deduction Statement?
What Is A CIS Payment & Deduction Statement?
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What happens to a Director’s Loan Account in liquidation?
What do you do if the director's loan account goes into liquidation? Find out everything you need to know in this blog provided by 1st Business Solutions Ltd.
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Virtual Finance Function For Construction Businesses
Virtual Finance Function For Construction Businesses! We support the construction industry is probably the most undervalued areas of business... We focus on seeing your company grow, minimise your tax bills and reach your life goals!
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How To Move From Sage To Xero
I want to move from Sage to Xero but not sure where to start? This blog will run through the 2 recommend approaches and Saints recommendation on what's best for your construction business! What's the best software for your construction business?
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Why Are Invoices So Important? | Construction Insider
Invoicing in the construction industry is one of the tasks that get left behind for the evening or even the weekend! We are here to explain why invoicing is so important!
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How To Invite An Advisor To Xero
How To Invite An Advisor To Xero? We will cover the steps of inviting an adviser to your Xero so you know exactly the steps that need to be taken in Xero and if needed how to remove a user from your Xero account!
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