HMRC publishes IR35 Business Entity Tests
The long awaited IR35 guidance was published on Wednesday. The guidance will enable contractors to determine if their contract is disguised employment or if they really are in business in their own right.
HMRC prosecutes tax evading IT contractor
IT contractors should be aware that HMRC will track down anybody it believes could be guilty of tax evasion as a Scottish consultant found to his cost recently.
Will contractors still qualify for child tax credits?
Umbrella company contractors may have been amongst the people who received a misleading letter about child tax credits from HMRC recently.
Complaints against HMRC are on the rise
Recent Government figures show that an increasing number of people are complaining about the time it takes for HMRC to respond to queries.
8,000 in-house staff and still IT projects are behind schedule
IT contractors may wonder why most of Whitehall’s IT projects are running behind schedule when the government employs 8,000 IT staff.
2,000 people complain about threatening letters from HMRC
Since 2009, HMRC has sent out approximately 17 million letters to taxpayers, including umbrella company contractors. Now it has emerged that around 2,000 people have complained about the threatening tone of HMRC’s debt recovery letters.
How can HMRC accurately measure the ‘tax gap’?
Umbrella contractors might be interested to learn that leading accounting bodies are calling into question the ‘tax gap’.
Fraudsters to be offered disclosure facility
HMRC is to offer a disclosure facility to taxpayers, including umbrella company contractors, it suspects of fraud.
Umbrella company contractors need to check their tax calculations
The Low Income Tax Reform Group is urging taxpayers, including umbrella company contractors, to double check calculations if they receive letters from HMRC.
Time is running out for umbrella company contractors to renew tax credits
HMRC has issued a reminder to tax credit claimants that they only have until July 31st to renew their claims and it suggests that recipients take action as soon as their renewal pack arrives.
Innocent taxpayers threatened by HMRC debt collectors
Accountants claim that HMRC is adopting threatening behaviour towards innocent tax payers and umbrella company contractors in a bid to gather in more income.
Contractors contacted by HMRC told not to bury their heads in the sand
Due to recently discovered errors, HMRC has sent out its first round of approximately 45,000 letters to taxpayers, potentially including umbrella company contractors, informing them that their taxes were wrong. The total number of letters sent out should top 6 million by the end of this year.
