Useful tips for limited company contractors who may need to use an umbrella company in 2021
Changes to off-payroll in the private sector are set to roll out in April 2021. They may be…
HMRC issue warning in new corporate report covering marketed tax avoidance schemes – “please be vigilant”
A report published on the 26th November 2020 by HMRC discusses marketed tax avoidance schemes, and it makes…
Getting the most out of an umbrella company calculator
Whether you’re new to contracting or you’ve been doing it for donkey’s years, you’re probably keen to get…
If you use an umbrella company, do you need to submit a personal tax return?
An interesting question – and one that is regularly asked online by umbrella company employees. The short answer…
£7500 More Tax!!
It's raining tax...so grab your umbrellas because we are in for a real storm, and guess who is behind this? Yes, you guessed it...
Hello, Is It HMRC You’re Looking For…
A new report found that 1 in 10 callers to HMRC HQ never reach an operator. That is 4 million Brits ignored last year.
Half of Self Employed Not Worried About AI
Something we have mentioned on this blog quite a bit is AI...robots...”The Machines.” Why? Because they are expected to take over.
NO Tax Cut for Contractors Says Chancellor
If you are a contractor in the UK then you probably want to pay less tax. Unfortunately, it doesn't look like there will be a tax cut any time soon.
Public Sector Contractors Walk Out – “had enough” They Say
As you might be aware, changes are about to happen in the public sector with thousands of contractors facing disruption to their tax situation.
Is the government forcing contractors into umbrella companies?
After the recent revelations that a lot of Government contractors were avoiding tax by paying themselves through a personal service company, the Treasury has announced that all contractors earning more than £220 a day will have to pay the correct tax if they have been in a department for longer than 6 months.
Do contractors turn to their iPad for tax advice?
Small business owners and self-employed individuals are increasingly turning to apps when they want accountancy and tax advice.
Do umbrella company contractors know the changes to Child Tax Credits?
Contractors with young families may be aware that HMRC has overhauled the tax credit scheme.
