HMRC has responded to recommendations made by the IR35 Forum on how IR35 can be better administered in the future. Containing little of real substance, industry reaction has been negative. … [more]
HMRC disappoints with its ‘PR plan’ for IR35
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Latest Articles
New HMRC plan to outlaw umbrella travel expenses abuse
HMRC has outlined its plans to outlaw the exploitation of travel and subsistence rules via the use of overarching contracts of employment, which have been used by a minority of umbrella firms to avoid millions in taxes, whilst also distorting the … [more]
How is tax relief applied to contractors’ pension contributions?
As a contractor, you may have been told that pensions are 'one of the last remaining tax breaks'. Trouble is, pension planning is a notoriously complex topic for most of us to digest, so we asked an expert to explain exactly why it is tax efficient … [more]
Is a new umbrella company shake-up on the cards for Budget 2015?
[18/3/2015 Update - The Chancellor announced a restriction on travel and subsistence payments to umbrella workers from April 2016 following a consultation period. It is hoped the measure will create a level playing field within the employment … [more]
Stamp duty cut – a ‘game changer’ for contractor homebuyers
During his final Autumn Statement before the election, George Osborne announced a fundamental overhaul to the way property sales are taxed, which will benefit almost all contractor house buyers. … [more]
What did your last client think about you?
A new service has been launched which aims to simplify the contractor hiring process, thanks to an innovative approach to sourcing credible references from past clients. We talked to one of the co-founders to find out more. … [more]
IR35 Business Entity Tests to be scrapped
HMRC has announced its decision to withdraw the much-criticised IR35 Business Entity Tests (BETs) from April 2015, having established that they have been 'used very little', and haven't fulfilled their intended purpose. … [more]
43,000 tax avoidance scheme users could receive Accelerated Payment Notices
HMRC has sent out demands for £250m under its new Accelerated Payments scheme, which was implemented via this year's Finance Act. 600 demands for payment have been dispatched since August, forming part of the Government's eventual target to reclaim … [more]
How to cut your accommodation costs as a contractor
The hotel industry is highly competitive in the UK, which is great news for contractors who want to minimise the cost of accommodation while travelling on business. … [more]
How one contractor slashed his yearly business travel bill
Drivers in the UK pay the highest percentage of tax on fuel anywhere in Europe, according to an article in the Telegraph; and the Independent recently confirmed that the UK also has the most expensive train travel in Europe. … [more]
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