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Network rail performs IR35 U-turn

Network Rail reverses contractor ban and is engaging PSC workers outside IR35 once more According to Computer Weekly, Network Rail appears to have made a U-turn over its initial blanket ban on contractors working outside IR35, in a move that…

Chancellor under fire for being interested in ‘big businesses’ only

Rishi Sunak is facing backlash from critics after his speech on entrepreneurship at a Treasury conference At the Treasury Connect Conference in London on Tuesday (14 September), which brought together UK tech firms and investors, the Chancellor announced his support…

Most businesses yet to adhere to new IR35 rules

More than half of medium-sized businesses have not yet formalised processes to be IR35 compliant Around 55 per cent of medium-sized businesses that engage contractors are yet to fully adhere to new IR35 rules, a survey by accounting firm BDO…

Calls to ban umbrella companies highlight how badly misunderstood this industry is

An industry expert says calls to ban umbrella companies altogether are misinformed In late July, when the Trades Union Congress (TUC) called for a ban on umbrella companies and their use of agency workers, people like me who work in…

Freelancers’ post-pandemic boom dwindles, but confidence remains high  

Freelancers’ average quarterly earnings have slumped, new research reveals The latest Freelancer Confidence Index produced by self-employment trade body, IPSE, has found that after a surge in earnings at the start of the year, freelancers’ average income in Q2 has…

PM slammed for ‘idiotic’ National Insurance and dividend tax hike 

Prime Minister breaks manifesto pledge by raising National Insurance Contributions (NICs) and dividend tax by 1.25 per cent  Boris Johnson is facing significant backlash from ministers, government aides and MPs, including senior Conservatives, after announcing a 1.25 per cent increase…

Record number of self-employed defer tax payments 

Pandemic sees 6 times more self-employed people defer their tax payments, new data has revealed  The number of self-employed people and businesses that have rescheduled their tax payments using the government's Time to Pay scheme is six times higher than…

Pressure mounts on HMRC over loan charge ‘mess’

Labour leader says HMRC has 'urgent questions' to answer over handling of the loan charge Sir Keir Starmer has raised concerns about the impact the loan charge has had on people’s livelihoods, in a letter – seen by The Yorkshire Post…

Small businesses expect return to pre-pandemic income in under a year

Small businesses say they could recover to pre-pandemic revenue levels within 10 months, despite fall in confidence New research claims that on average, small businesses expect their income to return to pre-pandemic levels within 10 months of the government restrictions…

Third government body handed multi-million pound IR35 bill

HM Courts & Tribunal Service becomes third government department to be hit with enormous IR35 bill The executive agency of the Ministry of Justice (MoJ) has been handed a £12.5 million IR35 bill for falling foul of the off-payroll rules,…

Unsecured debt increases for a third of self-employed

Lenders urged to take a 'flexible approach' as one third of self-employed increase unsecured debt Unsecured debt, including personal loans, credit cards and overdrafts, have risen by an average of £2,312 over the last year among self-employed people, according to…

‘Shambolic’ HMRC refused IR35 case appeal after missing deadline

Taxman dubbed “shambolic” after submitting an appeal application late in a long-running IR35 case HMRC missed the deadline to appeal locum doctor George Mantides' partial IR35 case victory, according to an Upper Tier Tribunal (UTT) judgement published last week. It…

Pandemic devastation sees 2 in 5 freelancers lose 40% of income

More than 2 in 5 freelancers have lost over 40 per cent of their income since the Coronavirus pandemic began Exclusive research by self-employment trade body, IPSE, has found that Covid could have a long-term “devastating” impact on the UK’s…

Union calls for ban on umbrella companies

TUC's call to ban umbrella companies is met with scepticism  The Trades Union Congress (TUC) is calling for an outright ban on umbrella companies, stating the “scandalous workplace practices” have “no place in modern Britain.”  However, industry experts have hit…

Banks tailor mortgages for contractors working inside IR35 

Two high street banks have changed their lending policy to help contractors falling inside IR35 to apply for a mortgage Following the introduction of IR35 reform in the private sector, Virgin Money and Clydesdale Bank have amended their policy for…

‘Careless’ Home Office hit with £33.5m IR35 bill

The Home Office is the latest government department to pay an enormous IR35 bill for non-compliance HMRC has handed the Home Office a £33.5m IR35 bill after a review of its off-payroll compliance process was found to be “careless.” The…