2020. New year, new decade, and new opportunities for you and your business. And, according to our Founder and Executive Chairman, Damian Broughton MBE, it looks set to be “a year of change and growth for us all.” “2020 – For many, an indication of perfect vision. For the baby boomers, it was a year […]…
2019. A new year, new legislation, and new opportunities for you and your business. Tax regulations and Budget implementations may not have been at the forefront of your mind over the festive period – and who can blame you? However, it’s important to be aware of the impact that legislative change can have on how […]…
Last month HMRC announced the launch of their consultation into IR35 in the private sector stating that “they are particularly interested to hear how the off-payroll working rules […] in the public sector could be adapted to fit the needs of the private sector” In light of this we take a quick look back to […]…
The lack of an announcement on IR35 reform in the private sector may have provided some comfort to those watching November’s budget speech with baited breath. However, a rollout to the private sector is still a possibility, and a consultation on the issue of non-compliance is expected shortly, which the government say will draw “on […]…
February 24 2017 @ 11:08 am by Damian Broughton MBE
By John Thorburn With the IR35 changes only a matter of weeks away, we look at some of the myths surrounding the Public Sector reforms and help you to separate the fact from fiction: Myth 1: The legislation should be adopted now The reform will go ahead from 6th April 2017 but only the […]…
There has been a wealth of discussion about the impact of changes to travel and subsistence expenses for contractors. From April 6, 2016 certain temporary workers can no longer claim tax relief or disregard National Insurance contributions (NICs) on the travel and subsistence expenses they incur on an ordinary commute from home-to-work. These new regulations […]…
Following the tax crackdowns unveiled by the government which target contractors, self-employed people, temporary workers, freelancers and personal service companies (PSCs), speculation has been rife that this spells the end of umbrella companies. While some umbrella company models may no longer be sustainable, the reality is that the umbrella company model still has many benefits […]…