Government claims to accept PAC’s recommendations despite one recommendation stemming from fears the taxman’s OPW approach puts off legitimate business activity.
Many limited company contractors also take out income protection insurance to protect and prepare their finances against illness. All policies are different, so when shopping around it’s worth ...
The ‘it depends’ answer might not be helpful, unlike knowing the ins and outs of HMRC’s schemes on VAT– which can actually give your company a boost.
Systematic issues plague the contractor umbrella market, making tools an inadequate fix and the devils to beware numerous.
The realm of reality with contractor mortgages is only for the informed – and those who slay vanilla brokers while shunning the high street fleece.
The unfortunate, disorientating, guinea pig-like experience of Richard Alcock is grounds for government to ‘seriously consider other options’ -- IR35 advisers.
This stance as an agency boss on regulating umbrella companies will banish me from the Christmas card list of the big staffing bodies.
Receiving a fixed regular fee irrespective of work done is now enough to satisfy the ‘uncomplicated’ MoO test.
The truth is that many factors will contribute to an inside or outside IR35 determination. As a result, notice periods in contracts could well have a bearing on your IR35 status. And with HMRC ramping ...
Buried in the government-speak, the worrying signs are that UK contracting is looking at the sister of CEST, and a new avoidance mission for HMRC.
It’s far past time for forceful action to purge the unscrupulous from the umbrella industry. But this government’s next move is probably to pass the buck.
Fortunately, you now know steps to take as a contractor if an SDS does come back saying the assignment is caught by the Off-Payroll Working rules. But you’d be even more fortunate if such a ...