HMRC’s new powers to tackle electronic sales suppression
The HMRC has issued advice about the new powers and penalties under the Finance Act 2022 to tackle electronic sales...READ MORE
HMRC has updated its guidance on the extension of existing off-payroll working rules (IR35) to the private sector, scheduled for April, with a new contractor factsheet setting out the changes.
Contractors will be affected by the changes to the IR35 rules if they work through an intermediary, such as a personal service company (PSC), and provide services to public sector organisations or medium or large-sized organisations, defined as having a turnover of more than £10.2m, a balance sheet total of £5.1m and/or more than 50 employees.
Read more at the Accountancy Daily.