Drop in unemployment welcomed but the trend must continue
The FSB recently welcomed the news that unemployed dropped by 88,000 and that a similar number of people entered the workplace.
nics
Small businesses want to see a reduction in employers NICs
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.
Will Real Time Information changes affect umbrella companies?
HMRC should not rush its planned computerised PAYE reforms according to leading professional bodies.
HMRC staff still receive high bonuses despite blunders
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.
Income splitting to be investigated by OTS
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.
Mirrlees review proposals are not good news for contractors
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 launch PAYE consultation
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.
Travel and subsistence expenses guidelines for umbrella companies
On Tuesday the government published their proposed amendments to the travel and subsistence expenses scheme for workers receiving the National Minimum Wage.