Welcome to Hills & Peeks

About Us

We are professionally qualified number crunchers and have a wealth of knowledge about your industry. Whether you’re a creative individual, a business, an entrepreneur or needing advice with your personal taxes, we know how to help you make the most of your opportunities.

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Hills and Peeks is a well-established business based in Worthing, West Sussex. Over the years we have built up our firm by providing a high quality, efficient and very personable service – resulting in our reputation for hard work, integrity and professionalism. Our clients come from a variety of business sectors and are based all over the UK and internationally. They range from sole traders, businesses and limited companies to events and festival organisers.

News

National Insurance Contributions

National Insurance Contributions (Table D) Class 1 (Employees) Employee Employer Main NIC rate 12% 13.8% No NIC on first £166pw £166pw Main rate* charged up to £962pw no limit 2% rate on earnings above £962pw N/A Employment allowance per qualifying business N/A £3,000 *Nil rate of employer NIC for employees under the age of 21 […]

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Income Tax Rates and Allowances

Income Tax Rates and Allowances (Table A) Main allowances 2019/20 2018/19 Personal Allowance (PA) £12,500 £11,850 Blind Person’s Allowance 2,450 2,390 Rent a room relief 7,500 7,500 Trading income 1,000 1,000 Property income 1,000 1,000 *PA will be withdrawn at £1 for every £2 by which adjusted income exceeds £100,000. There will therefore be no […]

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Tax Administration

Making Tax Digital for VAT The majority of businesses with VATable turnover above the £85,000 registration threshold will be required to maintain their VAT records using functional compatible software from the first VAT return period starting on or after 1 April 2019. It was announced during October that a limited range of more complex businesses […]

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Stories from our Newsletter

  • Businesses that sell digital services (eg, ebooks) to non-business customers in other EU countries need to account for the VAT due at the rate applicable […]

  • When you import from, or export to, countries in the EU, you generally don’t have to worry about VAT or customs duties. That may change […]

  • HMRC has long seen the construction industry as an area where tax avoidance is rife. The construction industry scheme (CIS) was imposed as a means […]

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