UK Tax News from TaxPenny

Starting A New Venture - HMRC Update Form CWF1

HMRC have amended the form CWF1 which is completed by those individuals who have set up a new business either as a sole trader or as a partner in a partnership. The form is used to notify liability to Class 2 National Insurance Contributions (currently £2.40 a week) amongst other things. Under the revised behaviour based [...]