Dozens of MPs have backed a cross-party amendment tabled by Sir Ed Davey, which has forced the Treasury to review its position on the controversial Loan Charge rules.
Contractor News Updates
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Loan Charge – Lords condemn HMRC treatment of contractors
The 2019 Loan Charge has been condemned by a House of Lords committee, which claims that ‘disturbing evidence’ shows that HMRC has misused its powers in collecting the retrospective tax.
Budget 2018 – IR35 ‘off payroll’ reform to hit private sector from April 2020
The next Budget will be delivered on Monday 29th October. The main focus of the contracting community, of course, will be on whether or not the ‘off payroll’ IR35 rules will be extended to the private sector
‘Unpredictable’ HMRC go after ITV star in latest IR35 probe
Despite a catalogue of recent errors, HMRC has now launched an IR35 investigation into the affairs of ITV presenter Eamonn Holmes. Who will they target next?
Judicial Review launched to challenge 2019 Loan Charge
A contractors’ group has launched a legal challenge against HMRC – on the basis that the forthcoming 2019 Loan Charge breaches the human rights of those targeted by the legislation.
Is Chancellor planning a ‘secret tax grab’ on dividends this Autumn?
A leading small business organisation has raised concerns that the Chancellor may be considering yet another dividend tax hike in the coming months.
IR35 private sector consultation ends – a resounding thumbs down from industry
The deadline for responding to HMRC’s consultation document on extending the off-payroll rules to the private sector has expired. So, how did the contracting industry’s biggest players respond?
2019 Loan Charge – retrospective tax targets contractors
Contractors who have used disguised remuneration schemes in the past may be subject to the 2019 Loan Charge – retrospective taxation on a scale not seen before. We look at what this means for those involved.
Pimlico Plumbers ruling – what it means for contractors
The Supreme Court has rejected an appeal by Pimlico Plumbers in a case which may have significant implications for the way workers are categorised for the purposes of tax and employment rights in the future. We ask how this ruling may affect contractors and IR35.
The tax war on professional contractors – 18 years of hurt
The current consultation into extending the so-called ‘off payroll’ (IR35) rules to the private sector is just the latest in a series of targeted tax strikes against professional contractors which goes back almost two decades.
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