The Web Designer Group Tracking
Friday, November 22, 2019
Advertisement
Members of the public who wish to submit evidence to the recently launched Loan Charge Review, led by Sir Amyas Morse, will have an additional two weeks to provide their material to the review’s secretariat, it was revealed this week. The contractor tax review was commissioned by the...
HMRC are celebrating a photo-finish IR35 win at the tax tribunal in respect of three BBC presenters. But the court’s difficulty in coming to a decision may foreshadow an impending administrative nightmare facing thousands of UK private sector businesses as of April 2020. Joanna Gosling, Tim Willcox...
Last month’s consumer prices index of inflation (CPI) fell to 1.7 per cent in August – the slowest rate of inflation since December 2016 – according to new figures published by the Office of National Statistics (ONS). Economists had anticipated the index to fall, but only by 0.2...
The Loan Charge review announced two weeks ago and led by Sir Amyas Morse began to hear testimony this week, including from the former Conservative leader Iain Duncan Smith, and tax barrister Keith Gordon of Temple Tax Chambers, both of whom have been highly critical of the contractor tax policy.
With confidence in the economy amongst independent contractors and freelancers remaining deep in negative territory, average contract pay rates stagnating and business costs anticipated to rise over the next twelve months, the work as a contractor sector is “flatlining”, according to a leading freelance trade association. The latest...
The “thoroughgoing” review of the 2019 Loan Charge sanctioned by Boris Johnson last week will be led by the former chief executive of the National Audit Office, Sir Amyas Morse, it was confirmed on Wednesday. The contractor tax review, commissioned by Chancellor of the Exchequer Sajid Javid and...
Figures released by the Office of National Statistics (ONS) on Tuesday showed a four percent drop in hiring independent contractors for temporary and contract work between May and June compared to the previous quarter, whilst full-time employment hit 32.78 million, the joint-highest level since records began in 1971, and an increase of 31,000...
HM Revenue & Customs has collected an additional £37 billion from taxes that have been introduced over the past decade, according to a major chartered accountancy firm. UHY Hacker Young, who compiled the statistics, warned that the success of the new taxes could lead to more new income...
Permanent employee placements fell at the quickest rate for over three years in August, whilst independent contractor and temporary billings continued to grow, albeit marginally, according to the latest Report on Jobs from KPMG and the Recruitment and Employment Confederation (REC). In July, growth for work as a contractor and...
Sajid Javid delivered his first major set piece as Chancellor of the Exchequer on Wednesday in an announcement that was largely overshadowed by an embarrassingly brutal first Prime Minister’s Questions for Boris Johnson and MPs wrestling control of the Parliamentary agenda away from the Government. In what many...