Tax Services Archives - Page 2 of 2 - Daykin Scott

Tax Services

November 13, 2024

HMRC warns landlords to disclose earnings

As the self-assessment deadline approaches, HMRC is urging landlords to ensure they've accurately reported their rental income. If you've overlooked any income or claimed incorrect expenses, it's crucial to address the issue promptly.
October 14, 2024

Taxation for Freelancers and Contractors: A UK Guide

If you're a freelancer or contractor in the UK, it's crucial to understand your tax obligations. Unlike employees who have their taxes deducted from their pay, freelancers and contractors are responsible for self-assessment. This means you'll need to calculate and pay your income tax and National Insurance contributions (NICs) directly to HMRC.
October 7, 2024

FRS 102 vs FRS 102 1A: Choosing the Right Accounting Standard for Your SME

Daykin Scott Chartered Accountants breaks down the key differences between FRS 102 and FRS 102 1A, helping you make an informed decision that aligns with your business needs.
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