Archive for November, 2009

Getting Paid and Paying Tax – part 2

In this Accountancy Services Direct article we go on to discuss what is required after you have established that you are going to need to be registered for the Construction Industry Scheme (CIS) and you have to decided if you are going to require gross payments.
Gross payments are when the contractor will pay you gross, [...]

Getting paid and paying tax under CIS

As mentioned in the previous Accountancy Services Direct article- Basic guide to the Construction Industry Scheme – contractors are able to make gross payments or payments under deduction to their subcontractors for construction work.
Contractors have to firstly verify their subcontractors who work for them with HM Revenue and Customs. This enables them to check [...]

Article on possible tax reform that addresses wealth inequality

Interesting article that could have implications on both accountancy services and our clients. We are monitoring this so that we can ensure get the right accountancy services t ensure they are as tax efficient as possible. Read the full story here.
http://www.guardian.co.uk/society/2009/nov/08/tax-system-reform-weath-inequality
If you have any questions, please feel free to contact us at Accountancy Services Direct o [...]

Accountancy Services Direct Basic guide to the Construction Industry Scheme

In the latest Accountancy Services Direct article we discuss the  Construction Industry Scheme.
The Construction Industry Scheme (CIS) is a scheme that applies to contractors and subcontractors in mainstream construction work. It can also apply to businesses and organisations who have such a large annual spend on construction that they are deemed to be contractors [...]

HMRC online

We at Accountancy Services direct are really pleased to see the the HMRC is moving forward and using many if the online social media services to get their message ‘out there’.
Check out the story here http://news.bbc.co.uk/1/hi/business/8337699.stm from the accountancy services news section of the BBC website.
And of course if you are interested in social media, [...]