Value Added Tax (VAT) is one of the most important taxes for businesses operating in the United Kingdom. It affects cash flow, accounting processes, and overall business compliance. HM Revenue & Customs (HMRC) requires businesses to submit accurate VAT returns on time, detailing the VAT charged on sales and the VAT paid on purchases. Filing …
Common VAT Return Mistakes and How to Avoid ThemVAT Return Read More »
In the UK, the construction and contracting industries are among the most dynamic and fast-moving sectors, employing thousands of contractors, freelancers, and subcontractors across diverse projects. Managing payroll for such a workforce can be complex, especially when considering the intricate rules around tax deductions, CIS (Construction Industry Scheme) compliance, and IR35 regulations. To address these …
How The Infinity Group Delivers Reliable Contractor Payroll Services Read More »
Payroll is one of the most critical functions in any business. It ensures employees are paid accurately and on time, while also keeping the company compliant with HMRC requirements. Yet payroll is also one of the areas most prone to mistakes. Even small errors—like miscalculating National Insurance or incorrectly processing statutory sick pay—can have significant …
The Role of Managed Payroll Services in Reducing Payroll Errors Read More »
For contractors in the UK, one of the most important decisions is how to manage income, tax, and compliance with HMRC. Options range from setting up a limited company to working through PAYE with an agency. But one option has gained popularity for its simplicity and compliance benefits — umbrella payroll services. Umbrella companies act …
Umbrella Payroll Services: Pros and Cons Every Contractor Should Know Read More »
Navigating the UK’s complex tax landscape can be overwhelming for small businesses, contractors, and even larger firms. Fortunately, HMRC tax services exist to simplify tax management, improve compliance, and offer essential support to businesses of all sizes. But what exactly do HMRC’s tax services include, and how can they benefit your business? This comprehensive guide …
What Are HMRC Tax Services and How Can They Help Your Business? Read More »