HMRC increases revenue from tax evasion cases
A new report from the National Audit Office says that HMRC raised £8.5bn from its investigations into cases of serious tax evasion.
SMEs face a challenging few years
The FPB has warned small firms that they will face a number of challenges over the next few years.
Action is needed before UK talent shortage becomes critical
The government must prioritise the up-skilling of workers in areas where the UK has skills shortages.
Ed Davey visits the REC to discuss industry concerns
Discussions between the government and recruitment bodies regarding the AWR are going ahead as promised.
Will the Finance Bill affect umbrella companies?
Tax experts have applauded the government’s grown up approach towards creating a more stable tax system.
Finance Bill 2011 tackles disguised remuneration
Employee benefit trusts and employment finance retirement benefits schemes are the latest to be targeted in proposed Treasury regulations.
Overseas tax havens may not be as safe as tax evaders hope
Umbrella company contractors and other freelance workers have been warned to be cautious of schemes that claim to be HMRC approved, when really they are referring to the reference number allocated to a scheme.
Interest rates will remain historically low for a bit longer
The Bank of England base rate is to remain at its historically low rate of 0.5%, at least for the immediate future, the Monetary Policy Committee has announced.
Will real-time PAYE information benefit umbrella company contractors?
HMRC has launched a consultation asking for opinions on the introduction of real-time information into the PAYE taxation system.
Do the government’s new broadband plans go far enough?
Umbrella company contractors hampered by poor broadband connections could welcome recent government announcements.
Will contractors form mass pelotons of cyclists in London?
The increased cost of travelling to work will encourage more people to abandon trains and buses and get on their bikes next year, according to reed.co.uk. Train fares are set to rise by up to 13% in the new year.
Should umbrella company contractors put their faith in an ISA?
Although the government spending cuts may not have a direct impact on everybody, it’s worth bearing in mind the underlying message that the coalition is trying to get through.
