Umbrella company contractors need not fear new GAAR
Some umbrella company contractors have been getting anxious in case HMRC uses the newly proposed GAAR to hound them.
Some umbrella company contractors have been getting anxious in case HMRC uses the newly proposed GAAR to hound them.
Umbrella company contractors and small business owners could be relieved to learn that HMRC intends to improve the level of service it supplies to taxpayers.
Millions of taxpayers, including umbrella company contractors, could be in line for a tax refund after HMRC reconciles its books.
A group of MPs has said that tax professionals should be given the opportunity to scrutinise how policy changes will be implemented during the legislative phase.
HMRC should not rush its planned computerised PAYE reforms according to leading professional bodies.
The Office of Tax Simplification was officially established by George Osborne and David Gauke, the Exchequer Secretary, on Tuesday.
The government has announced that they will once again look at whether a general anti-avoidance rule should be introduced as a measure to deter limited company tax evaders.
George Osborne is due to give his emergency budget on June 22nd and it seems everybody wants to give him advice! Any measure introduced could affect umbrella companies.