Business Education and Support Teams Events

If you are an employer

Becoming an employer - what you need to know

HM Revenue & Customs (HMRC) will show you:

  • how to register with HMRC as an employer
  • the basics of running payroll and the options available including a demonstration of how to use the basic PAYE (Pay As You Earn) tools
  • key employer responsibilities and actions, for example identity checks for new employees, record keeping and national minimum wage
  • the basics of National Insurance and how it is calculated
  • how and when to make Student Loan deductions
  • the principles of PAYE, tax codes and how tax is calculated
  • the important procedures to follow for employees starting and leaving - P45 and P46
  • the employer timetable for online filing, including registration and the benefits
  • how and when to make payments to HMRC

Becoming a director - a guide to tax, National Insurance contributions and VAT

HMRC cover:

  • definition and role of a director
  • PAYE
  • dividends
  • expenses and benefits
  • VAT obligations to HMRC
  • Corporation Tax
  • record keeping
  • penalties
  • using online services

PAYE - Expenses and Benefits – the basics

HMRC cover:

  • the most common types of expenses and benefits
  • any tax and National Insurance you may have to pay

Dealing with expenses and benefits

If you are self-employed

If you are newly self-employed, or considering becoming self-employed, HMRC strongly recommend you consider attending a newly self-employed workshop prior to attending a business expenses and Capital Allowances for the self-employed workshop.

Newly self-employed

HMRC cover:

  • how to register your business with HMRC
  • understanding what is meant by employment status
  • different classes of National Insurance contributions
  • basic record keeping
  • the tax return cycle, payments to HMRC and penalties
  • where to go for further help and advice

HMRC recommend you attend this workshop first if you are new to self employment.

Workshop handouts

Business expenses and Capital Allowances for the self-employed

HMRC cover:

  • what allowable business expenses are and how to work out your tax allowances
  • how to recognise the most common types of allowable business expenses
  • how to identify allowable and non-allowable business expenses
  • the different ways to work out your motoring expenses
  • how to correctly work out Capital Allowances for cars, other vehicles and equipment using examples
  • where to find any further information and help you may need
  • Self Assessment Online

HMRC recommend you attend this workshop after newly self-employed the basics unless you have experience of self-employment.

Please note: Newly self-employed - the basics and business expenses and Capital Allowances for the self-employed are not applicable to directors of limited companies.

Workshop handouts

How VAT works

HMRC cover:

  • how to tell the difference between inputs and outputs
  • the different rates of VAT and what they apply to
  • how to add the right amount of VAT to any amount of money and work out how much VAT has been included in any amount of money
  • how to work out how much VAT you owe or are due back
  • how to access VAT Online
  • how to identify what goes where on a VAT Return
  • how to use the Standard Method of accounting for VAT
  • where to find further help and guidance with VAT issues

VAT – trading with other countries

HMRC cover:

  • terminology used when making overseas supplies
  • current EU members
  • VAT regulations for supplies of goods to and from the EU and rest of the world
  • VAT Regulations for supplies of services to and from the EU and rest of the world
  • how to correctly record these transactions and make returns
  • where to go for further help and information

This presentation assumes that you understand the general basic VAT rules and we recommend attendance at the How VAT Works workshop before attending this event.

Introduction to International Trade

A basic presentation about importing and exporting goods.

Aimed at businesses that trade or are about to trade with countries outside the European Community.

HMRC will explain import/export procedures and highlight the various regimes which may save you time and money.

To book an event