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We've scoured the web to get you the most up-to-date advice which includes the most useful tools on offer from the officials themselves.

Effective tax planning is essential if you are to minimise your tax bills. Simple tax planning can significantly reduce your tax liabilities.

The self-assessment tax return is an unavoidable burden if you are liable for self-employed tax or have complicated income tax affairs.

Corporation tax is charged on a company's profits. If you trade as a limited company, ensure that paying this tax is as painless as possible.

National Insurance Contributions (NICs) are payable whether you are self-employed or employed by your own company, although different rates apply.

As well as your legal obligations, you’ll want to ensure that payroll is painless and that you use any opportunities to improve your tax-efficiency.

VAT

Effective VAT planning aims to ensure that VAT is relatively painless, and that you are reclaiming as much as possible of the VAT you pay.

Capital gains are made when you sell something for more money than you paid for it. As a result, you can be subject to tax. Take professional advice.

Business property taxes apply to businesses with commercial premises.There are two commercial property taxes: business rates and stamp duty land tax.

If you have tax problems or face a tax investigation, it pays to seek professional advice and you must act rather than just hoping for the best.

Widespread reluctance to report workplace injuries

29 August 2018

Widespread reluctance to report workplace injuriesEmployees across all industries are worried about reporting injuries sustained in the workplace to their employer for fear of making them angry, according to new research.

Wirral-based Percy Hughes & Roberts Solicitors questioned 650 respondents about their experiences regarding workplace injury. It found that, of those who had been involved in an accident, 38% did not report it because they were worried their employer would be angry, or they did not believe anything would be done as a result.

The research has found that messy workstations and slipping hazards are seen as the most common dangers in workplaces across all sectors. Some 24% of respondents had witnessed messy workstations in their workplace, while 27% had come into contact with slipping hazards.

Alison Beech, partner at Percy Hughes & Roberts, said: "The results of the survey are incredibly worrying, and employees should never feel worried about the stigma of reporting an incident if they are injured while carrying out their job.

"It is an employer's duty to keep their workforce safe, and this means if any incidents take place, it is their responsibility to ensure that it is dealt with correctly. Employers have insurance policies in place to prepare for eventualities such as these, which are used for any compensation payments, so employees need not worry about the financial side of making a claim for compensation."

The industries with the most respondents who said their workplace was either "unsafe" or "very unsafe" were:

  • Environment and agriculture (27%);
  • Energy and utilities (22%);
  • Engineering and manufacturing (19%);
  • Recruitment and HR (16%).

Beech added: "It is interesting to see that more people in retail, sales and healthcare view their workplace as unsafe, as opposed to arguably more obvious sectors such as construction and manufacturing. Employers in these sectors are subject to the same penalties as those that are perceived as more dangerous, so it's vital that immediate action is taken to remove hazards from all workplaces."

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