Avoid Check mate, what is your DSO?
There has never been a more important time to look after the cash flow within your business. We all know that cash is King. If you forget to protect the King you lose the game. [...]
Eamonn Holmes loses IR35 tax case despite forty years as freelance broadcaster
Television presenter Eamonn Holmes has been defeated by HMRC at an IR35 tax tribunal. Holmes failed in his appeal against HMRC’s tax assessment concerning engagements between his limited company, ‘Red, White and Green Limited’, and [...]
HMRC extends deadline for loan settlement opportunity
HMRC has extended the settlement deadline for contractors who have used disguised remuneration loan schemes by a further 4 months to 30 September. […]
Deliveroo in the spotlight again
The employment status of Deliveroo riders is set to be considered by the High Court with the Independent Workers Union of Great Britain (IWGB) being given the green light for a full judicial review of [...]
Pimlico Plumbers case finally concludes
Last week saw the Pimlico Plumbers employment status case finally conclude with the Supreme Court deciding that a heating engineer was a worker and not self-employed. […]
Arrangements that claim to get users out of the 2019 loan charge
HMRC is aware of a number of arrangements being promoted which claim to enable users to escape the 2019 loan charge. […]
Disguised remuneration: schemes claiming to avoid the new loan charge
HMRC is aware of schemes that claim to avoid the loan charge on disguised remuneration. These schemes don’t work. […]
Avoid penalties for late employment intermediary returns
The latest intermediaries’ quarterly reporting period finished on 5 April 2017. […]
HMRC struggles to cope with tax changes – so what hope is there for the rest of us?
Rarely have I stumbled across a greater untruth than HM Revenue & Customs’ catchy advertising slogan “tax doesn’t have to be taxing”. […]
2017 Budget – Changes to Personal Taxation
On Wednesday 8th March, Philip Hammond delivered his first Budget as chancellor. The following is a summary of changes to Personal Taxation: The main rate of Class 4 National Insurance contributions for the self-employed to [...]