d admin | Strathmore Accountants
Do you have additional income streams?

Do you have additional income streams?

by | Jul 3, 2025 | Uncategorized

Side income over £1,000 may mean filing a tax return. HMRC is urging part-time earners to check their tax position for 2024–25, especially if they earn from casual work, renting, or crypto. If you are earning extra income it is important to be aware...
Setting up a payroll scheme

Setting up a payroll scheme

by | Jul 3, 2025 | Uncategorized

Registering for payroll is essential when hiring staff. From HMRC registration to legal compliance, getting payroll processes right ensures your team is paid correctly and your business avoids penalties. When starting a business and hiring employees for the first...
Pension contributions, net pay or relief at source?

Pension contributions, net pay or relief at source?

by | Jul 3, 2025 | Uncategorized

Your pension scheme type affects your tax relief. Workplace pensions offer tax benefits, but the method used, net pay or relief at source, changes how and when you get them. Your employer or pension provider should confirm which arrangement your scheme...
Who is liable to Income Tax at Scottish rates?

Who is liable to Income Tax at Scottish rates?

by | Jul 3, 2025 | Uncategorized

Where you live determines if you pay Scottish Income Tax. The rules are not based on where you work, who pays you, or national identity, but on your main UK home during the tax year. The definition of a Scottish taxpayer is generally linked to the question...
What if you no longer need to submit a tax return

What if you no longer need to submit a tax return

by | Jul 3, 2025 | Uncategorized

You must tell HMRC if you no longer need to file a tax return. Whether you have stopped trading or no longer rent out property, notifying HMRC early avoids penalties and keeps your records up to date. If your circumstances have changed and you believe you no...