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IR35 – Clients and Recruiters Must Act

New research released by QAccounting partner, Qdos Contractor, strengthens the argument that the private sector must begin preparing for next April’s IR35 reform now if it is to be capable of successfully managing incoming changes to th...

Going Freelance If You ‘Want To Make It’

Self-employment has grown dramatically in recent years. The number of self-employed workers was as many as 4.8 million in 2017, according to the Office for National Statistics (ONS). In fact, it’s now predicted that they make up at leas...

The Myth of the 24 Month Rule

The “24 month rule” is often a cause of confusion within the contracting industry. Many contractors can misinterpret this as a restriction upon the length of an engagement, however this is simply not the case. The 24 month rule relat...

IR35 Reform – Mistakes to Avoid

A sea change in the contracting world will hit the private sector next April. Under new rules for administering the IR35 legislation, medium and large businesses in the private sector must take responsibility for setting the tax status of...

HMRC suggest MOO to be included in CEST

The latest IR35 Forum was held on 28th February this year with the minutes having recently been released. The purpose of the IR35 Forum is toadvise on the administration of IR35 policy in practice. Meetings should be “constructive, ...

HMRC’s IR35 Tool – Cause For Concern?

Despite being in action for more than two years, contractors and IR35 experts are now scrutinising HMRC’s Check Employment Status for Tax tool (CEST) perhaps more than ever. The arrival of HMRC’s IR35 tool just a matter of weeks be...

IR35 – What to Consider

Even among experts, the IR35 legislation is seen as complex. With many different factors to consider when making an IR35 decision, setting the tax status of contractors isn’t always black and white. But this isn’t a recent development...

What Happens in an HMRC Tax Enquiry?

When HMRC opens an enquiry into you or your business’ tax affairs, it doesn't mean that they think you've done anything wrong. HMRC routinely checks a percentage of the tax returns that it receives to ensure that they are correct.  Fo...

Beating ‘BROWN ENVELOPE Anxiety’

In mid-May, not many are thinking about their tax returns. But for some, ‘brown envelope anxiety’ is a crippling fear that doesn’t always go away just because there are no close deadlines to meet. This week, for Mental Health Awarenes...

Wearing two hats?

Mark McLaughlin looks at a recent case on information notices which considered the information exclusion for auditors and tax adviser. Information Notices are commonly issued by HMRC to require taxpayers to provide information or produce...

IR35 – What to Ask Your Accountant

It’s vital that you ask your accountant the right questions when it comes to IR35. As the number of contractors working in the UK and contributing to the economy has risen rapidly in recent years, so too has the number of firms claimin...

HMRC lose another high-profile IR35 Tribunal Case

Kaye Adams, best known for her work on ‘Loose Women’, is the latest TV presenter to have come under the scrutiny of HMRC. Despite the wide-ranging ...

IR35 NHS Trust Exemption

In October 2017 I commenced working for a West Midlands NHS Trust via a contract agreed with their chosen agency. The contract was advertised at £350 per day and was said to be outside of IR35. On inspection of the contract there were t...

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 ...