Month: August 2018

When Do You Need To Declare Your Rental Income?

This is a question we here at LeeP Accountants get asked frequently – here are some myth busters: Many people think that if it’s not a lot of rental income then they don’t need to declare it…. some even think that as long as it’s under £2,500 per year then HMRC are not interested…. WRONG!…

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What Is The Construction Industry Scheme & Do I Need To Worry About It?

Here are LeeP we often get asked questions about the Construction Industry Scheme and there is often confusion about whether clients need to be registered. Essentially, like PAYE, the Construction Industry Scheme (CIS) is a special tax at source for those working in the construction industry. Businesses & soletraders in the construction industry are known…

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