Treasury scraps 2020 Autumn Budget to focus on Coronavirus Crisis
The Treasury has scrapped plans for an Autumn 2020 Budget in order to focus on its response to the…
A short guide to Capital Gains Tax
Capital Gains Tax is a tax on the profit made when you sell or dispose of an asset that’s increased…
Contractors – only use an accountant or umbrella company that is accredited by the FCSA
There are more contractor accountants and umbrella companies than ever before. In fact, new…
Useful tips to help you choose the best umbrella company for your payroll
Umbrella companies have been around for years, but since the recent changes to off-payroll…
IR35 victory for HMRC results in Talksport presenter facing substantial tax bill
Last year, a first-tier tribunal went in favour of Talksport presenter and comedian Paul Hawksbee.…
Making Tax Digital legislation will be extended from 2022
As part of the package of measures included in the draft Finance Bill 2020-21, the Treasury has set…
The benefits of filing your Tax Return early
Completing a tax return can be time-consuming and often stressful – especially if you decide to put…
Disguised remuneration schemes: HMRC is changing its angle of attack, and they may need your help
In an unusual appeal, HMRC has asked for the assistance of organisations and workers in gathering…
Can personal service company (PSC) contractors benefit from the £1,000 Job Retention Bonus?
Since the Coronavirus Job Retention Scheme (CJRS) went live in March, over one million businesses…
What does the VAT reverse charge mean for the construction industry?
In a bid to tackle fraud in the construction industry, HMRC will be introducing a domestic reverse…