Author Archives: Josy Woung

New HMRC Guidance For Corporate Non-Resident Landlords

Non-resident Corporate Landlords (companies) will start paying corporation tax rather than income tax on their profits from 6 April 2020. HMRC has released new guidance concerning this change. Key points to note from the guidance are that: HMRC is automatically registering non-resident landlords for corporation tax and issuing a corporation tax unique taxpayer reference (UTR). Companies […]

Voluntary Overtime Forms Part of Holiday Entitlement

Holiday Entitlement

Almost all PAYE workers are entitled to 5.6 weeks as paid holiday per year. This includes agency workers, irregular workers and zero-hour workers. Moreover, Part time workers are also entitled to holiday prorated. Besides basic pay, overtime should also be included in the calculation of holiday entitlement. There are different types of overtime, Guaranteed overtime, […]