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An Easy Guide to the HMRC Construction Industry Scheme

The HMRC Construction Industry Scheme (CIS) determines how: Subcontractors in the construction industry should be paid  Construction workers should invoice and account for value-added tax (VAT) Contractors either deduct then transfer: 20% of a registered subcontractor’s payment to HMRC 30% of an unregistered subcontractor’s payment to HMRC How does the Construction Industry Scheme work? If …

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Paying Taxes as a Freelancer: How to Plan Ahead of Taxes

Accounting isn’t always easy and taxes can be quite stressful for most people. Luckily, there are various budgeting strategies and ways to prepare ahead of the self-assessment deadline. Let’s look at how to prepare for paying taxes as a freelancer. Tax liability as a freelancer Tax is only taken from your profits, not your whole …

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Features of the Best NFT Wallets and How to Keep Your Assets Safe

NFT wallets contain both NFTs and cryptocurrencies at the same time. They can have various features that differ from wallet to wallet.  What is an NFT wallet? NFT wallets can be used to buy and store assets after they’ve been minted or acquired. Wallets also allow you to buy new assets. For more information, read …

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