What counts as self employed?
So we’ve had various members asking about this recently… and yup, HMRC takes a very dim view of what they called “hidden employment” – in other words, freelancers or contractors who really should be on payroll. Just having a contract, or working off site, or only working part-time does not make you self-employed. HMRC looks […]
HMRC recorded webinar about ‘How to register for Anti Money Laundering Supervision’
If you need to register with HMRC, watch this recently recorded webinar about money laundering regulations – ‘How to register for Anti Money Laundering Supervision’, found at the following GOV.UK link > HMRC email updates, videos and webinars for money laundering supervision page
Namechange for HMRC MLR
HMRC’s Anti Money Laundering Supervision (AMLS) team has changed its name to Economic Crime Supervision (ECS). As part of continuing changes to the service, the anti money laundering supervision team (MLR) will now be knows as the Economic Crime Supervision team. You will begin to see this new name on correspondence from April 2021. This change does not affect its responsibilities under […]
Sole Trader vs Limited Company
VAT Registration – for VAs!
Anti Money Laundering Regulations for Virtual Assistants
IR35 – Freelancers Targeted by Government and what Virtual Assistants need to know
IR35 Virtual Assistants – what freelancers need to know IR35 is something you’ll have seen bandied about on forums and freelance blogs recently… In fact, we’ve even heard of clients advising one another not to hire a VA “in case you get caught out by IR35”. So what is it? And why does it apply […]
Money Laundering Regulations – Campaign for Virtual Assistants
So last week we asked you to tell us about your experience of asking HMRC for Anti-Money Laundering Regulations advice as a virtual assistant – we had a great response and Joanne Sparkes of VA Pro Magazine co-ordinated the replies (all 31 of them!) into a letter asking HMRC to clarify their position on what […]
Money Laundering Regulations
Jo Sparkes of VA Pro Mag has bravely decided to tackle the thorny issue of Money Laundering Regulations (MLR) registration as anecdotally we’ve heard so many different rules regarding whether or not VAs should register and what is and isn’t allowed. At times it feels like if you called them 10 times, saying exactly the […]
Business Advantages of Bookkeeping for VAs
The role of virtual assistant can be incredibly rewarding- especially if you have a roster of high paying clients. Naturally, virtual assistants are incredibly organised people; however, bookkeeping is an area which is usually forgotten about.