Caseron Insider – July 2021

Caseron Insider – July 2021

Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month’s insights below, or download our Newsletter and read it at your leisure. Highlights Families hit with big bills after believing gifts would not be...
What is a PAYE Settlement Agreement (PSA)?

What is a PAYE Settlement Agreement (PSA)?

An introduction to the PAYE Settlement Agreement. “A PAYE Settlement Agreement (PSA) allows you to make one annual payment to cover all the tax and National Insurance due on minor, irregular or impractical expenses (or benefits) for your employees.” What...
The basics of VAT for UK businesses

The basics of VAT for UK businesses

An introduction to the main business tax. VAT is a business tax on the supply of goods and services. It is charged at varying rates depending on what is being supplied, who it is being supplied to and where it is being supplied to. But with Brexit, temporary rate...
Costs you can reclaim on the business

Costs you can reclaim on the business

Allowable expenses and allowances in 2021/22. If you’re self-employed, your business will rack up various running costs throughout 2021/22. Some of those you’re able to deduct as allowable expenses. By deducting these allowable expenses as part of calculating your...