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HMRC lose £124,000 IR35 case appeal against presenter 

BBC and ITV presenter wins IR35 case after tribunal dismisses HMRC’s appeal Kaye Adams has won her long-running IR35 case, after the Upper Tier Tribunal upheld a previous ruling that deemed her engagements outside the clutches of IR35. The Loose…

HMRC’s ‘light touch’ on IR35 compliance is ‘red herring’

Taxman's promise not to penalise firms in first year for errors in IR35 compliance is a 'red herring' HMRC have published further guidance regarding planned IR35 compliance activity, reiterating that businesses who make mistakes will not be handed penalties in…

‘Draconian’ tax changes will cause huge disruption

Experts warn the Chancellor that 'draconian' tax changes would 'drastically undermine' a struggling sector In the last chance saloon ahead of the Budget on 3rd March, professional bodies are urging Rishi Sunak to avoid drastic tax changes and instead protect…

Freelancers working longer hours for less

Freelancers are working more hours for less money, while the tax system is now seen as a bigger concern than COVID-19 Research by self-employment trade body, IPSE, has revealed that freelancers worked almost an extra week in the last quarter…

Government condemned for discouraging self-employment in construction

Cutting reliance on contractors in the construction industry is the “last thing” the economy needs The Department for Business, Energy and Industrial Strategy’s (BEIS) Deputy Director of Construction, Fergus Harradence, has been criticised by self-employment experts after saying the government…

IR35: insurance firm slammed for contractor ban

An insurance giant has been criticised for banning contractors in response to IR35 reform Zurich Insurance has reportedly become the latest high-profile financial services firm to announce that it will only continue to engage with contractors who provide services via…

Third of freelancers will struggle to pay tax bill

More than a third of freelancers and contractors will struggle to pay their tax bill, research reveals A study by the self-employment trade association, IPSE, has found that more than 1 in 3 (37%) freelancers were worried about paying their…

Call for self-employed tax hike is ‘deeply unfair’

A leading think tank’s calls for self-employed people to pay more tax have been dubbed as ‘deeply unfair’ The Institute of Fiscal (IFS) is calling for controversial tax reforms, which could see millions of self-employed workers and businesses facing higher…

Why contractors need digital hiring platforms more than ever

The role of contractor hiring platforms is set to grow in 2021 and beyond Brexit, incoming IR35 reform and the latest Coronavirus pandemic wave are together creating an uncertain hiring climate for contractors, many of whom are concerned about their…

HMRC waives late penalty fee for self-assessment 

Self-employed can now file their self-assessment in February, but bills must be paid by 31st January HMRC has bowed to pressure and announced that it will waive the £100 late penalty fee for those who cannot submit their self-assessment tax…

Contractors using COVID-19 support are refused mortgages

High street banks are refusing to provide mortgages to some contractors and self-employed people who took out government-back loans and grants Despite being told by the Financial Conduct Authority (FCA) and the government that using COVID-19 support schemes would not…

Working through an umbrella company – a contractor’s guide

What contractors need to know about working through an umbrella company IR35 reform is only a matter of weeks away, coming into effect on April 6th 2021. It will mean that many contractors who currently work through their own limited…

HMRC in meltdown as self-assessment deadline looms

HMRC's customer service is on the verge of collapse due to delays dealing with online tax returns Customer service at HMRC is at risk of being completely overwhelmed just a fortnight before the 31st January tax deadline - a time…

Millions of self-employed warned over tax rebate scam 

Self-employed people filing their tax returns have been warned about a tax rebate scam A scam warning has been issued after reports of a text message purporting to be from HMRC promising recipients a tax rebate. The self-assessment tax return…

Treasury “considering” COVID-19 support for limited company directors

The Chancellor is finally considering support for contractors working via a limited company Treasury officials are at last deliberating a scheme that would support the millions of limited company contractors and small business owners who have previously been excluded from…

Surge in contractors closing companies as IR35 reforms loom

IR35 reforms, potential tax rises and economic problems see rise in contractors closing their businesses Looming IR35 reforms in the private sector, along with the economic climate created by the Coronavirus pandemic triggered an increase in the number of UK…