HMRC regularly updates its list of named tax avoidance schemes, promoters, enablers and suppliers. In September, the amount of named tax avoidance schemes reached over 100. Keep reading for more information about the dangers of using a tax avoidance scheme.
As a contractor, one of the most important pieces of legislation that will affect you is IR35. Our latest article provides everything you need to know about umbrella companies and IR35.
With 2024 just around the corner, we decided to collate some of the tax and pension changes coming in the new year.
The Chancellor of the Exchequer, Jeremy Hunt, presented his Autumn Statement to The House of Commons today (Wednesday the 22nd of November 2023). Our latest article highlights the key announcements made in the Autumn Statement.
The government has recently published its much-anticipated response to the key employment law consultations conducted earlier this year. As part of the announcements, the government will reform holiday pay for irregular and part-year workers and introduce rolled-up holiday pay.
The contracting world is replete with options and opportunities but also has its share of complexities and challenges. One such challenge is the tax legislation commonly known as IR35. It is a set of rules that determine whether a contractor should be taxed in the same manner as a permanent employee or as a self-employed individual. In this article, we will look at what IR35 tax legislation is and how an umbrella company can benefit contractors inside IR35.
Jeremy Hunt is set to outline his tax and spending plans for the year ahead on Wednesday 15th March 2023, as part of the Spring Budget.
Chancellor Jeremy Hunt outlined three priorities of stability, growth and public services as part of his Autumn Statement. Continue reading to discover the key announcements made in the Autumn Statement.
As part of the Growth Plan 2022, the government confirmed that the reforms to the IR35 off-payroll working rules will be abolished from the 6th of April 2023.
One of contractors’ most commonly asked questions when they receive their first payslip is “why am I paying the Apprenticeship Levy?”. Continue reading as we discuss what the Apprenticeship Levy is, who is pays the Levy and why it is displayed on your payslip.
