APSCo to be a member of the IR35 Forum
APSCo, a group that represents many of the recruiters that umbrella company contractors work with, has become the latest organisation invited by the Revenue to join the IR35 Forum.
APSCo, a group that represents many of the recruiters that umbrella company contractors work with, has become the latest organisation invited by the Revenue to join the IR35 Forum.
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.
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.
Directors said the OTS should have prioritised the design of a clear business test to distinguish between employees and the self-employed.
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.
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.
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.
Tax experts have said that tax relief reforms should be implemented in conjunction with a reform of the actual rates of taxation.
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.
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.
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.
The REC has written to the chairman of the Office of Tax Simplification highlighting the importance of a comprehensive review of the IR35 regulations.
The Office of Tax Simplification was officially established by George Osborne and David Gauke, the Exchequer Secretary, on Tuesday.
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).
Small businesses, umbrella companies and limited company IT contractors will be in a state of ‘limbo’ until the emergency Budget is delivered on 22nd June.
The number of short term assignments for limited company contractors, sole traders and umbrella company workers is set to drop according to a new report by the Confederation of British Industry (CBI).