HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
READ MOREAdvising clients on IR35? What you need to know
In April 2020, IR35 legislation that governs the taxation of contractors operating through an intermediary will change to be in-line with the public sector, and will require medium to large-sized clients to determine whether a contractor falls inside or outside of IR35.
In the public sector it is up to the contractor’s client to determine whether IR35 applies to a contractor, and if it does, they must add the contractor onto their payroll and deduct income tax and National insurance before paying the contractor.
Read more at the Accountancy Age.
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A beginner’s guide to the taxes you’ll hear about this election...
National insurance, income tax, VAT, capital gains tax, inheritance tax… it’s easy to get confused about the many...
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With bitcoin hitting new highs, it’ll likely reach the US$100,000...
Cryptocurrencies are surging again. Bitcoin has just hit an all-time high of more than US$72,000 (£56,300), pushing...
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