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Monday, March 25, 2019
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Treasury & HMRC snub Loan Charge inquiry A Parliamentary inquiry into the 2019 Loan Charge has criticised the Treasury and HMRC for failing to appear at an oral evidence hearing on Tuesday. Financial Secretary to the Treasury Mel Stride MP, the Minister in charge of HMRC, and Ruth Stanier, HMRC’s Director...
2019 Loan Charge News – Weekly Roundup It’s been another busy week for developments involving the controversial 2019 Loan Charge tax, which due to take effect in just over a month on the 6th April. The main story was the tragic revelation to a panel of MPs who are currently investigating...
Latest jobs data shows record low employer confidence and continuing decline in immigration The Recruitment and Employment Confederation (REC)’s latest monthly survey of hiring intentions, JobsOutlook, has shown a marked drop in employer confidence in the UK economy. The survey of UK hirers revealed confidence in the UK economy’s prospects dropped...
Loan Charge campaigners to march on Westminster today A mass demonstration is being held in Westminster today, Wednesday 27th February, by campaigners protesting against the controversial 2019 Loan Charge tax. The protest, organised by the Loan Charge Action Group (LCAG), comes at a time when the Loan Charge is being reviewed...
Uber VAT lawsuit hits costs setback A crowdfunded tax case against Uber hit a setback on Monday when a High Court judge ruled against a bid by the claimants to limit their legal costs in the case. The Good Law Project is suing Uber for alleged undercharging of VAT – they...
UK and Switzerland to maintain status quo regardless of Brexit outcome   The United Kingdom and Switzerland have signed an agreement guaranteeing to continue certain immigration rights post-Brexit, which will enable citizens from both countries to continue to freely move and work between the two nations, even in the event of...
Parliamentary Loan Charge enquiry launches online survey The 2019 Loan Charge All-Party Parliamentary Group (APPG) is urging contractors affected by the Loan Charge to complete a new online survey that they have launched to assist their investigation into the controversial new tax. Thousands of taxpayers are set to be affected by...
Contractors express grave concerns over Off-Payroll private sector rollout 77% of contractors have little or no confidence that private sector engagers will be ready to facilitate IR35 assessments when Off-Payroll rules are rolled-out to the private sector in April 2020, according to a recent survey. Prior to 2017, IR35 meant that...
4.8 million self-employed individuals assist record employment levels The Association of Independent Professionals and the Self-Employed (IPSE) has claimed that increased numbers of self-employed workers are helping to drive the current record-high UK employment level. Data released this week from the Office of National Statistics (ONS) revealed that employment has risen...
2019 Loan Charge update – this week’s developments in full A busy week for 2019 Loan Charge developments kicked off with a Sunday Times investigation revealing that several Ryanair pilots supplied through agencies had used disguised remuneration schemes and are now facing tax bills of up to £170,000 under the...