A new survey from the FSB confirms that small businesses would be more willing to take on staff if the coalition reduced employers National Insurance Contributions.
Despite various blunders by HMRC last year that affected umbrella company contractors, the department still spent nearly £800,000 more on bonus payments to staff than it paid out the previous year.
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.
HMRC have launched a new consultation that could result in major changes on the horizon for PAYE. The PAYE business processes were introduced in 1944 and have not changed in the following 66 years.
On Tuesday the government published their proposed amendments to the travel and subsistence expenses scheme for workers receiving the National Minimum Wage.