Many UK business owners are unaware of the immigration rules that apply when they want to bring in foreign nationals for short-term business activities. A common question is: “Can I hire someone who’s in the UK on a Visitor Visa?” The short and direct answer is no. A UK Visitor Visa (officially called the Standard […] The post Can You Employ Someone on a UK Visitor Visa? first appeared on Taxoo.| Taxoo
National Insurance (NI) is a system of contributions paid by workers and employers in the UK to fund specific state benefits. These include the State Pension, statutory sick pay, maternity pay, and other social security benefits. Unlike income tax, which is used for general government spending, NI specifically supports the welfare and social protection structure. […] The post National Insurance UK: Full Guide 2025/26 first appeared on Taxoo.| Taxoo
In 2024, the International Accounting Standards Board (IASB) released the long-anticipated third edition of the IFRS for SMEs Accounting Standard, marking the first major update to the framework since 2015. This edition brings the standard in closer alignment with full IFRS while preserving its simplified structure and suitability for small and medium-sized entities. The IFRS […] The post IFRS for SMEs: Third Edition Released with Significant Updates first appeared on Taxoo.| Taxoo
In the UK, any employer that provides employees or directors with shares or securities—whether as part of a formal share scheme or through ad hoc arrangements—is required to report these events to HM Revenue & Customs (HMRC) via an annual Employment-Related Securities (ERS) return. These rules apply regardless of whether the company operates a registered […] The post Employment-Related Securities Reporting: Key Deadlines 2025 first appeared on Taxoo.| Taxoo
Personal Allowance, Income Tax rates, bands and thresholds.| GOV.UK