TAX ADVICE CUMBRIA & NORTH YORKSHIRE

 

J Noel Paul & Co provide the following Taxation Services

 

 

CIS SCHEME


If you employ contractors and work in the Building & Construction Trade then you will need to register as a contractor and complete monthly returns.
If you work in the Building Trade as a Sub Contractor  then you will need to register with HMRC and the contractor you work for will then deduct tax from you for all your labour services.
Should you work in the Building Trade please give us a call to see how we can help.

 

NEW DIVIDEND TAX


From 6th April 2016 The New Dividend Tax will take effect.
Everyone will have a £5,000 Dividend Tax Allowance.
Dividends Above this amount will then be taxed at 7.5% within the basic rate band and then 32.5% within the higher rate band.
If you are trading via a Limited Company then you may need to consider how this change will affect you and it might be useful to give us a call to discuss matters further.

 

TAXWISE  INSURANCE


We offer a comprehensive Insurance Service to cover our fees if your business was to be selected by HMRC for a tax enquiry. More and more HMRC are targeting certain trades for investigation.
You pay an annual fee which we could discuss with you.