Spotlight on Universal Credit
Universal Credit Number According to the latest figures, some 1.5 million people have now applied for and received a Universal Credit number, since the government advised people to stay at…
Self Employment Late Filing Tax Penalties 2018/19
Late Filing Tax Penalties This month I have received numerous telephone calls from individuals in prison, that have received self-assessment tax penalties. HMRC have recently sent out individual £300 tax…
How do Ex-Offenders become Entrepreneurs
How Do Ex-Offenders become Entrepreneurs? In this article I am going to explain how an Ex-Offender become Entrepreneur. According to the Organisation for Economic Development (OECD) unemployment could rise to…
HRMC Tax Codes
What is My HRMC Tax Code? There is much confusion about HRMC tax codes and rarely do employees challenge them. This could mean on your release you could be paying…
Becoming Employed on Release
Many of you when released from prison will be becoming employed on release and working for an employer.
COVID-19 and the UK Government’s financial response
Corona Virus & UK Economy News What will be the effect on the UK economy news. Since the public lock-down was announced on 23rd March 2020 in an unprecedented speech by…
GIVE YOURSELVES CREDIT! (PART ONE)
Prior to your release (if you are able to through resettlement), or as soon as you can after release, I would suggest that you check your credit score. Failing to…
National Insurance – A tax with benefits? Part 2
In part one of this article, last month, I covered the different Classes of National Insurance and how payments are calculated. In part two, I briefly cover the complex area…
National Insurance: A tax with benefits? Part 1
I quite often get asked questions about National Insurance, particularly as to how it is calculated and what it is used for. In this article I give a brief overview…
What is a trade for tax purposes?
The reason behind this article is that I realised there was very little guidance on the meaning of the word ‘trade’ for tax purposes other than the Taxes Act (S989…