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.
Contractor News Updates
We typically publish site updates when important events take place (such as upcoming changes to legislation, Budget reports). You can also keep up-to-date with the latest contractor news updates by following us on:
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
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?
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.
A leading small business organisation has raised concerns that the Chancellor may be considering yet another dividend tax hike in the coming months.
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?
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.
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 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.
It’s that time of year again – the start of April 2018 brings with it changes to a number of tax rates and bands, as well as a cut in the dividend allowance.