Tag: tax
Tax experts back self-employed tax increases after coronavirus
A number of the country’s key experts in taxation have backed harmonising the tax liability of the self-employed with that of employees at a...
Autumn Budget may be postponed
Chancellor of the exchequer Rishi Sunak has left the door open to postponing the autumn Budget by making a request for the production of...
Concern mounts in freelance sector over tax hikes
Contractors
and their advisors are growing increasingly concerned over potential tax
increases in the Autumn Budget that will seek to align the tax liability of freelancers
more...
Lords demand rethink on IR35 reform
The Lords’ economic affairs committee has heavily criticised reforms to IR35 that were due to be extended to the private sector this April but...
Parlimentarians’ report casts doubt on Loan Charge inquiry
The findings of an inquiry into the 2019 Loan Charge commissioned by HM Treasury last year are fundamentally flawed, according to a cross-party group...
Sunak ends austerity in giveaway Budget
Newly installed chancellor of the exchequer Rishi Sunak announced a £30 billion fiscal stimulus package in his first Budget on Wednesday in a bid...
Non-compliance with Off-Payroll rules rife
A survey of 12,000 contractors by website ContractorCalculator.co.uk has revealed widespread non-compliance with the IR35 Off-Payroll rules by agencies and end-clients struggling to apply...
Eamonn Holmes could owe up to £250,000 after losing IR35 case
In the latest in a series of high-profile IR35 cases at the tax tribunal, HM Revenue & Customs chalked up another win this week...