http://www.hulljady.co.uk/blog/ The latest Blog feeds from www.hulljady.co.uk en-us Sun, 19 Apr 2026 02:50:14 +0100 Rocketspark http://www.hulljady.co.uk/blog/post/21190/national-insurance-cuts-2024/ From 6th January 2024, the main rate of National Insurance for employees was cut from 12% to 10% on earnings between £12,570 and £50,270. For any income over £50,270 a year the NI will remain at 2%.For the average employee on a salary of £35,400, the reduction is worth £450 a year. There has been no change to the employer's rate of National Insurance. For those who are self-employed, you currently pay Class 2 National Insurance contributions at £3.45 a week if your profits are £12,57... Wed, 10 Jan 2024 11:14:35 +0000 http://www.hulljady.co.uk/blog/#post21190 http://www.hulljady.co.uk/blog/post/21159/hmrc-rolls-out-side-hustle-tax/ Sites like Airbnb, Ebay, Vinted and Depop will begin to share information with HMRC and this will allow them to home in on anyone who should be declaring income but isn’t. The threshold for income is set at £1000 a year and anything taken above this means sellers must register as self-employed and file a self-assessment tax return.What do you need to do?If you are an online seller who already pays tax, you don’t need to do anything.If you are an online seller and your sales are more than £... Thu, 04 Jan 2024 15:53:53 +0000 http://www.hulljady.co.uk/blog/#post21159 http://www.hulljady.co.uk/blog/post/20385/voluntary-nic-payment-deadline-extended/ HMRC have announced they will give taxpayers an extra 2 years to plug gaps in their NIC record from April 2006.This deadline was originally set at 5 April 2023, but has been extended until 5 April 2025.Normally, individuals can only make voluntary contributions to fill missing weeks for the previous 6 years but HMRC is at present accepting voluntary payments for gaps between April 2006 and April 2017.This means you now have longer to consider whether making voluntary contributions to boost your ... Thu, 14 Sep 2023 13:21:41 +0100 http://www.hulljady.co.uk/blog/#post20385 http://www.hulljady.co.uk/blog/post/18592/hulljadys-fundraising-for-the-brick/ At HullJady, we wanted to show our support for a brilliant local charity, The Brick. The Brick's mission is to empower people and ultimately help them end reliance on charitable and statutory support. The staff at HullJady decided to produce a cookbook that consists of 25 recipes ranging from soups, starters/sides, mains and desserts which are loved by their family and friends. HullJady have covered all the costs of production and distribution so be assured that 100% of your donation will benefi... Fri, 02 Dec 2022 16:41:20 +0000 http://www.hulljady.co.uk/blog/#post18592 http://www.hulljady.co.uk/blog/post/18503/autumn-2022-budget--what-you-need-to-know/ ... Fri, 18 Nov 2022 14:51:16 +0000 http://www.hulljady.co.uk/blog/#post18503 http://www.hulljady.co.uk/blog/post/16973/buying-property-for-rental-purposes/ There’s a lot to consider, whether you’re thinking of buying one or just a few properties or your aim is to build a sizeable property portfolio. Here’s a summary of what you need to know before you take the plunge. As always, no blog can cover everything you need to think about, so do ring us if you want to have a chat about your specific plans. A big decision is whether to trade through a limited company or as a sole trader? There is usually no easy answer and before you decide, you need ... Thu, 26 May 2022 15:18:03 +0100 http://www.hulljady.co.uk/blog/#post16973 http://www.hulljady.co.uk/blog/post/12238/further-extension-to-seiss/ We have advised you in previous updates on the Self-Employment Income Support Scheme (SEISS) designed to provide grants to self-employed workers who are ineligible for other support schemes such as the Job Retention Scheme. The Chancellor has now extended the scheme from 1st November 2020 until April 2021.To be eligible for the grant extension self-employed individuals must:currently be eligible for the SEISS (though they do not need to have claimed the grants)confirm that they are currently tra... Fri, 16 Oct 2020 11:44:18 +0100 http://www.hulljady.co.uk/blog/#post12238 http://www.hulljady.co.uk/blog/post/11727/job-retention-bonus-scheme/ You probably saw on the news that the Chancellor has announced an additional feature to the Job Retention Scheme, namely the payment of a bonus to employers who keep employees in work until at last 31st January 2020. We thought we'd send a circular round setting out the main points of the scheme for your information.The bonus is a one-off payment to any employer that has used the Coronavirus Job Retention Scheme.To be eligible the qualifying employees must:earn at least £520 per month on averag... Thu, 27 Aug 2020 12:40:50 +0100 http://www.hulljady.co.uk/blog/#post11727 http://www.hulljady.co.uk/blog/post/11728/seiss-extension/ On 20th May 2020 we advised you about the Self-employment Income Support Scheme (SEISS) designed to provide grants to self-employed workers who are ineligible for other support schemes such as the Job Retention Scheme. The original scheme covered a 3 month period which expired on 13th July 2020 and claims for that period can no longer be filed.However the scheme has now been extended for a further 3 months running from 14th July 2020. Eligibility for the second grant will be determined in the sa... Mon, 17 Aug 2020 00:00:00 +0100 http://www.hulljady.co.uk/blog/#post11728 http://www.hulljady.co.uk/blog/post/11062/cjrs-changing-from-1st-july/ The Coronavirus Job Retention Scheme (CJRS) is changing from 1st July. We thought we'd remind  and update you on the key points:the last day that a furlough claim can be submitted for any period ending on or before 30th June is 31st Julyno claims for periods beginning 1st July onward can be submitted before 1st Julyfrom 1st July furloughed workers can be brought back on a part-time basis, for any amount of time and any shift pattern and their employer can claim a CJRS grant for th... Mon, 15 Jun 2020 16:01:12 +0100 http://www.hulljady.co.uk/blog/#post11062