Starting a business On this page you will find links to guidance on what you need to do for tax and National Insurance purposes when you start up a business as a self-employed person, a partnership or a limited company. You will also find links to additional help and support HM Revenue & Customs (HMRC) offer new businesses. On this page: What you need to do when you start a business Follow the links below to guidance on what you need to do for tax and National Insurance purposes when you start a business including return filing and paying deadlines and what records you must keep. Self-employed tax and National Insurance Tax returns for partners and partnerships Starting up a limited company Getting started with VAT PAYE for employers Construction Industry Scheme Record keeping Importing and exporting goods and services Top Help and support for new businesses HMRC's help and support for businesses When you need to send payments and tax returns A calendar giving you all the dates of key tax deadlines in one place.
The distribution of world income One of the most profound questions in economics is why are some countries rich and others poor? A paper by John Gallup, Jeffrey Sachs and Andrew Mellinger in the International Regional Science Review in 1999 introduced the concept of “GDP density”, calculated by multiplying GDP per capita by the number of people per square kilometer. Basically GDP density is a measure of the total amount of economic activity that takes place at different spots on our globe. I found the map they produced quite fascinating: Not surprisingly, it looks a whole lot like those satellite pictures of the earth at night: Economists often try to explain differences in income across countries by factors such as the capital stock, education level, and institutions defining property rights, all of which the government could influence with appropriate policies. There’s an interesting new paper on this question by James Feyrer and Bruce Sacerdote of Dartmouth College.
Home – Government Legal Service VAT registration You must register for VAT with HM Revenue and Customs (HMRC) if your business turnover is more than £81,000. You can register voluntarily if it’s below this, unless everything you sell is exempt. When you register, you’ll be sent a VAT registration certificate. This confirms: your VAT number when to submit your first VAT Return and payment your ‘effective date of registration’ - this is the date you went over the threshold, or the date you asked to register if it was voluntary Your VAT responsibilities From the effective date of registration you must: charge the right amount of VAT pay any VAT due to HMRC submit VAT Returns keep VAT records and a VAT account You can also reclaim the VAT you’ve paid on certain purchases made before you registered. While you wait You can’t charge or show VAT on your invoices until you get your VAT number. You should increase your prices to allow for this and tell your customers why.
Lloyd's deal with Buffett frees names of liabilities - Industry sectors - Times Online Tesco’s chief hits out as profit warning hits shares The new boss of Tesco has attacked his predecessors for adopting “artificial” tactics to hit aggressive profit targets in the final few months of each financial year. Tesco’s shares plunged by 10 per cent to 168p on a warning this morning that the chain’s profit for the year to February will be no more than £1.4 billion, well short of the £1.94 billion that investors had been anticipating. Dave Lewis, chief executive, said his efforts to turn around the business were costing £500 million. He conceded: “It’s been a difficult time for Tesco – none of us would argue about that.” Part of the shortfall is down to changes in the way Tesco deals with suppliers in the wake of accounting scandal over its treatment of marketing contributions from food companies, which has prompted an investigation by the Serious Fraud Office. New Scotland Yard sold to Abu Dhabi Financial Group The Metropolitan Police has cashed in…
The Civil Service - Information and news about the UK Civil Service NI - The Basics You pay National Insurance contributions to build up your entitlement to certain state benefits, including the State Pension. The contributions you pay depend on how much you earn and whether you're employed or self-employed. You stop paying National Insurance contributions when you reach State Pension age. On this page: Who pays National Insurance? You pay National Insurance contributions if you're an employee or self-employed and you're aged 16 and over, as long as your earnings are more than a certain level. State Pension age is 65 for men born before 6 December 1953 and 60 for women born before 6 April 1950. Some people also pay voluntary National Insurance contributions. aren't working and are not claiming state benefits haven't paid enough National Insurance contributions in a year to count for the State Pension or other long term state benefits live abroad and want to maintain your state benefits entitlement Find out about to changes to the State Pension age (Opens new window) Top
Give up your day job << Previous page (page 1) Actual work 22. Several jobs exist on a pay per hour basis but the better paid ones are probably contract jobs. Some examples of both: Copywriting; proofreading of web content/ebooks/newsletters etc. (elance, guru, rentacoder, graphicdesign, more). 23. 24. 25. 26. 27. 28. 29. g forums and trawl through thousands of listings a week. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 41. 42. use though it's very busy, uses massive bandwidth and costs its owner a bomb. 43. 44. 45. 46. 47. 48. 49. 50. 51. Page 3 >>