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Preparing for IR35 Changes: Are You Ready for April 2020?

IR35 or the “off-payroll working rules” as they are known are intended by HMRC to make individuals who work like employees pay broadly the same (higher) employment taxes as if they were actually employees, even if legally speaking the...

MTD and VAT penalties: the plot thickens

Les Howard has some troubling questions regarding the Revenue’s power to issues penalties under the new MTD regime I’VE BEEN THINKING ABOUT Making Tax Digital (MTD), and asking myself how VAT pena...

What letters?

A CASE OF DISPUTED late filing penalties saw the First Tier Tribunal (FTT) uphold an appeal by an employee who claimed that HMRC should have known his address as they had previously been in correspondence with him. In Oliver ...

Contractor Loan Charges – What You Need To Know

The loan charge comes into force at the end of the 2018/19 tax year on 5 April, 2019. Any contractor who received pay tax free as a “loan” via an EBT or disguised remuneration scheme must have contacted HMRC and supplied the necessary...

Lorraine Kelly triumphs over HMRC in £1.2m IR35 case

Not a week seems to go by without HMRC receiving another dent in its already fragile armour. This time, the taxman suffered its latest IR35 loss at the hands of TV presenter, Lorraine Kelly, who last week successfully defeated the taxman in...

Chancellor ignores IR35 reform in Spring Statement ‘non-event’

In the run-up to last week’s Spring Statement, the Chancellor himself said it would be a “non-event”, which led contracting experts to predict that it would pass without any developments that directly impacted the UK’s independent w...

IT professionals revealed as the most in-demand workers last year

IT professionals were the most sought after workers in 2018, with new insight showing that the demand for these individuals increased by 28% year-on-year. The recruitment body behind the research, APSCo, that partnered on the project wit...

The Independent Group: a breath of fresh air for contractors?

A lot can happen in a week or two, particularly when it comes to UK politics. Even with Brexit uncertainty continuing to dominate the headlines, there was still time for political mutiny on both sides of the fence, as eleven MPs in total qu...

#STOPtheLoanCharge – Save Lives!

Tomorrow, Wednesday, 27th February 2019, individuals and families are travelling to London to take the message to the Prime Minister that the Government’s draconian Loan Charge will destroy the lives of thousands of families unless the ...

HMRC Loses £100k IR35 Enquiry

With many of us looking ahead to what HMRC has in store for the roll-out of private sector IR35 reform next year, you could be forgiven for not noticing the current behaviour of the taxman. But it was again brought into sharp focus this m...

HMRC Webinar – Disguised Remuneration Loan Charge

This webinar is designed for agents who have clients who don’t settle their disguised remuneration use, and would like to know more about what will happen when the loan charge comes into effect. The webinar will cover the reporting r...

Outside IR35 Opportunities

Contractors continue to voice concerns about whether private sector companies will be ready for the introduction of IR35 reform next year, with the majority of these workers wondering if they will be able to operate outside the legislatio...

Will contracting continue to grow after IR35 reform?

After it was confirmed by the Government that IR35 reform will be introduced to the private sector in April 2020, much has been made about what the future of contracting will look like. There are people and businesses that believe indepe...

Making Tax Digital for VAT: What do HMRC’s updates mean for you?

Making Tax Digital is the government’s flagship scheme that requires online tax filing and payment, as well as digital record keeping. All business taxes will be part of the scheme, but only Making Tax Digital for VAT currently has an act...

Brexit uncertainty impacts demand for agency contractors

The professional staffing association, APSCo, revealed earlier this month that the demand for contractors and permanent staff engaged through recruitment agencies in the UK dropped in November last year - something the organisation puts lar...

Directors not compelled to file returns

Section 7(1) of the Taxes Management Act 1970 states that a person who is chargeable to Income Tax or Capital Gains Tax (CGT) in a tax year must notify HMRC within six months from the end of the relevant tax year and effectively register ...