Search Magnifying Glass

Misleading Contractor Loan Scheme Advert Banned

The occasions on which HMRC are congratulated are usually rare, but when they step in to ensure that contractors are not seduced by the extravagant claims of tax avoidance scheme promoters, then some gratitude should be afforded the depar...

Tip of the Iceberg

Despite the ongoing IR35 consultation and the Government’s insistence that further reform is merely a ‘possibility’ and not set in stone, contractors, private sector businesses, and recruitment agencies, are readying themselves for ...

Wind of Change Must Now Blow

Last year the Taylor Report – ‘Review of Modern Working Practices’, suggested a number of improvements to the employment status framework:

  • Government should replace its minimalistic approach to legislation with a cleare...

Upper Tribunal Confirm MSC Ruling

In 2016, the First Tier Tax Tribunal delivered a landmark ruling in the case of Christianuyi Ltd and others v HMRC, when it confirmed that five companies who were clients of Costelloe Business Service Ltd (CBS), the MSC provider ...

Latest IR35 Forum Minutes

The latest IR35 Forum minutes held on 11 December 2017 reveal that HMRC will likely be introducing IR35 reform into the private sector as soon as they possibly can, as there is an “immediate need to consider how best to tackle non-compl...

Mind Your Language

Nobody likes receiving a letter from HMRC but the tone of their letters can influence the way we react to the department. Research, carried out two years ago but only just published, was commissioned by HMRC as it sought to improve its in...

Government not concerned about Tax Avoidance when it comes to outsourcing

A recent debate in House of Commons shows that there are far bigger problems in terms of tax avoidance than personal service companies.  It has always been a bone of contention with IR35 that the legislation targets the smallest businesses...

Will the new Small Business Minister be given any power to tackle IR35?

Very recently, Andrew Griffiths was appointed the Government’s new Small Business Minister, and the man set the task of building an environment in which every small company in the UK can finally prosper.Given the UK’s small business...

Aliens stopped me filing my return!

As the 2017 Self-Assessment tax return deadline looms closer, HMRC have published a whimsical yet timely reminder to taxpayers to file their return by 31st January otherwise face a £100 penalty. Whilst the Revenue have said they will be ...

Conservatives Could Win Support with IR35

With 2 million freelancers and contractors in the UK, the vote of the independent workforce has never been more influential than it is now. And as pressure mounts on the Government to finally show its commitment to the contracting communi...

Yours is No Disgrace

The recent Public Accounts Committee’s (PAC) Report on HMRC’s performance in 2016/17 notes that HMRC believe almost half of the tax gap is attributable to small and medium-sized enterprises (SMEs). The tax gap is the shortfall between...

Make it Loud and Clear

Use of the white space on the Self-Assessment tax return is recommended where there is uncertainty about the tax treatment of a transaction or source of income, so as to protect the taxpayer against penalties for errors. This will be part...

To file or not to file

The filing date for submission of 2017 Self-Assessment tax returns is imminent, i.e. 31st January 2018, and there will be some company directors frantically starting to prepare their returns in time to meet the deadline. Is it however inc...