Are you affected by the Loan Charge?

2 June 2019

The UK Government has been taking big steps to tackle tax avoidance over recent years and is clamping down on disguised remuneration schemes. Contractors and employers who had been in receipt of remuneration disguised as loans are facing tough penalties, with the 2019 Loan Charge targeting thousands who have used these schemes over the past two decades. Many contractors who worked for non-compliant umbrella companies may be affected by the Loan Charge.

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

Could Brexit Be Good News For Contractors?

28 April 2019

Whilst some contractors may be fairly positive about Brexit, many others may be feeling incredibly confused and uncertain about what the future holds. At the time of writing, MPs have just taken “unprecedented” control over the Brexit process from the Government, with our attention being drawn to seismic unforeseen changes seemingly every day. However, it seems that even the most pro-Remain contractors may have more reasons to be optimistic than they expect with regards to their own post-Brexit career opportunities.

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

Key Dates in the Accounting Calendar

21 March 2019

Once you become self-employed, you may spend more time thinking in accounting years rather than calendar years. If you do need help with finding out what the key dates in the accounting calendar are, read on. This guide will provide you with pretty much all the information you need to avoid missing deadlines, prevent tough penalties and keep the taxman happy. Once you know what the most important dates are, you can complete all the relevant paperwork in time, save money and avoid panic.

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

Consequences Of Missing VAT Payments

17 March 2019

It’s vital that businesses do all they can to make VAT payments on time. The payments themselves need to be made seven days after the month that follows your VAT period. If you do pay late, HMRC will either hand you a penalty or a surcharge liability notice. This depends whether you have missed your VAT payment for the first time or have failed to pay on time on multiple occasions.

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

Reduce Your Costs and Never Miss A Deadline Again

14 March 2019

If you need are looking to reduce costs without compromising on quality, accuracy or compliance, get in touch with the One Click Group today.

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

Worried About Brexit? Don’t Put Off Tax or Accounting Decisions

7 March 2019

The uncertainty surrounding Brexit has caused headaches for contractors working in all industries. Many UK contractors are spending sleepless nights worrying not only about Brexit but issues like IR35 reform too.

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

Consequences of Missing Tax Deadlines

3 March 2019

Missing a tax deadline can be costly and place you in a great deal of hot water. However, it can be all too easy to fall behind with your tax obligations when you don’t have the support of an expert team behind you.

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

What Steps Are Needed to Submit Tax

28 February 2019

If you’ve recently become self-employed or need to complete a tax return for any other reason, chances are you may be feeling somewhat confused about what is expected of you.

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

2019 Disguised Remuneration (DR) Loan Charge

14 February 2019

Disguised Remuneration schemes have allowed for individuals to avoid tax, costing the Exchequer hundreds of millions every year. Whilst previously employers or contractors who had in the past received remuneration disguised as loans only had until 30 September 2018, HMRC has now extended this deadline. The penalties imposed by HMRC can still be avoided on the basis that a settlement is made before 5th April 2019.

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

The Advantages of using a PAYE Umbrella Company

24 January 2019

If you have made the decision that working through a limited company is not the right option for you, working through a PAYE umbrella company may be an alternative worth considering.

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.