The Web Designer Group Tracking
Tuesday, May 21, 2019
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Off-Payroll behind HSBC decision to stop using contractors The future of contracting in the UK has been cast into doubt after a shock announcement by financial services giant HSBC that it intends to stop engaging Limited Company contractors from September onwards. The move is understood to be a direct result of...
Ten things you should know about the new tax year April brings a fresh set of opportunities to keep hold of more of your wealth.  Tax planning should be a year-round activity. But the start of a new tax year is an ideal time to assess whether you can make the...
Loose Women star wins IR35 case over BBC Radio contracts Broadcaster and freelance journalist Kaye Adams has become the latest TV star to win an IR35 appeal at the First-Tier Tribunal, following claims by HMRC that her work for BBC Radio Scotland effectively made her an employee of the Corporation...
Five Reasons To Get Your Savings Plans Into Gear  Why it’s more important than ever to plan for your retirement. It could last longer than you think One of the blessings of the latter part of the last century and early 21st century, is the rapid increase in lifespans. Retirement is, for...
Reducing Inheritance Tax Five effective strategies to reduce the impact of Inheritance Tax. HM Revenue and Customs (HMRC) is raising more from Inheritance Tax (IHT) than ever before. Official figures show that receipts have surged by 10% year-on-year since 2009/10, and the number of estates paying it has almost doubled since...
Loan Charge: MPs inquiry accuses HMRC & The Treasury of misleading Parliament HMRC has again had its knuckles rapped by Parliament over the controversial 2019 Loan Charge, with the publication of a scathing report into the policy by a cross-party group of MPs established to examine the unpopular tax. The Loan...
March sees major legal developments for contractors in the courts March was a bumper month for contractor-related decisions in the courts, with the publication of three important decisions and the Revenue denied a hat-trick by none other than TV’s Lorraine Kelly. On the 5th, the First-Tier Tribunal decision in HMRC v...
Recruiter confidence plummets to record low amid Brexit inertia The Recruitment and Employment Confederation (REC)’s monthly survey of hiring intentions, JobsOutlook, has shown that hirers’ confidence has plummeted for the second month in a row to its lowest level since the survey began measuring sentiment about the economy amongst Britain’s...
MPs warn of Loan Charge settlement miscalculations HMRC are facing another setback with their handling of the 2019 Loan Charge, as a cross-party group of MPs set up to investigate the controversial tax has discovered an ubiquitous error in the taxman’s calculations of Loan Charge cases. And the cause?  Failing to...
Treasury ignores spirit of the law to duck Loan Charge review With just over a week until the controversial 2019 Loan Charge takes effect, the Treasury published its “Report on time limits and the disguised remuneration Loan Charge” which received concerns from MPs, campaigners and tax professionals. The report was forced...