Umbrella companies protect you from IR35 whilst still maximising your pay. Here we have all the latest news on this controversial piece of tax law.
HMRC should focus on detecting genuine cases of disguised employment rather than jumping to the conclusion that all freelancers are subject to IR35 rules, according to the REC.
David Gauke states his commitment to overhauling IR35 » Read the full story
Contractors who had hoped to see the demise of IR35 may be interested to learn that the PCG is to be part of the new IR35 Forum.
The PCG will be a member of the new IR35 Forum » Read the full story
Directors said the OTS should have prioritised the design of a clear business test to distinguish between employees and the self-employed.
What’s next for IR35? Scrap heap or reform? » Read the full story
Member companies of the REC met with the Office of Tax Simplification last week to discuss IR35. The REC was recently appointed to the OTS’ small business consultative committee. The head of public policy at the REC, Gillian Econopouly, said she was delighted that members had the opportunity to discuss IR35 directly with the OTS.
The end of the road for IR35? » Read the full story
HMRC has been investigating the employment status of locum doctors and as a result they and the practices they work in may have to pay extra tax.
Are locums actually disguised employees? » Read the full story
Umbrella company contractors will be interested to hear that the REC is joining the Office of Tax Simplification. REC officials will now join a number of other legal and tax experts on the small business consultative committee.
REC joins OTS consultative committee » Read the full story
Tax experts have said that tax relief reforms should be implemented in conjunction with a reform of the actual rates of taxation.
Tax relief reforms and tax rate reforms should go together » Read the full story
The Office of Tax Simplification is to look into the issues surrounding family businesses that split their income in a bid to avoid paying taxes.
Income splitting to be investigated by OTS » Read the full story
A new report from the National Audit Office says that HMRC raised £8.5bn from its investigations into cases of serious tax evasion.
HMRC increases revenue from tax evasion cases » Read the full story
Umbrella company contractors, freelancers and other self employed workers might not be too happy when they read the recommendations of an influential think-tank regarding Britain’s taxation system.
Mirrlees review proposals are not good news for contractors » Read the full story
George Osborne has announced that, as part of the government’s Spending Challenge, the public have submitted more than 100,000 ideas on how the coalition should cut spending.
Have your say on how to cut spending » Read the full story
The REC has written to the chairman of the Office of Tax Simplification highlighting the importance of a comprehensive review of the IR35 regulations.
Reviewing IR35 will not be a quick process warns the OTS » Read the full story
The Office of Tax Simplification was officially established by George Osborne and David Gauke, the Exchequer Secretary, on Tuesday.
Two interim tax experts are heading the OTS » Read the full story
The PCG has launched a checklist to help clients’ double check they have all the steps in place to ensure a project runs smoothly.
PCG launch flexible worker checklist for clients » Read the full story
Small businesses in the UK are spending too much time complying with red tape and government bureaucracy, according to a new report by the British Chambers of Commerce (BCC).
Some legislation “just isn’t needed”! » Read the full story
The REC is understandably delighted that George Osborne has reversed part of the plan to increase NICs. They had opposed the move, as had all business bodies, as the potential cost would have prevented the jobs market recovering fully from the recession.
What does the Queen’s speech mean for contractors? » Read the full story
