Rates and Thresholds for Tax Year 2017/18

Rates, Allowances and Duties for Tax Year 2017/18 Employers can use the following rates and thresholds for the tax year 2017/18 when operating payroll or providing expenses and benefits to their employees. Click on each of the headings to view the rates and thresholds. 1 Tax thresholds, rates and codes 2 Class 1 National Insurance thresholds 3…

K&B Accountancy Group launches new rewards scheme for clients

Here at K&B Accountancy Group, we understand that there is more to life than just contracting. That is why we are launching ‘Kingsley Hamilton Lifestyle’ – an exclusive rewards scheme for our clients. The rewards scheme is a way for our clients to create a better balance in work and life. A better work-life balance…

New research reveals more reasons to become self-employed

Following on from our ‘Happy Contractors’ article, new research now reveals further evidence to support the point that contractors are happier in the workplace than their permanent counterparts. Entering the world of contracting may seem like a big step to take but the benefits it offers often outweigh any challenges. New research, conducted by a…

Off-Payroll Working in the Public Sector – HMRC Update

Last Friday (3 February), HMRC published further guidance regarding off-payroll working in the public sector from 6 April. The update provided clarification that the responsibility of determining the IR35 status of a Personal Service Company (PSC) worker would lie solely with the hiring Public Authority. If the Public Authority determines the PSC worker to be inside…

Public Sector Contractors: What are your options in 2017?

HMRC recently published further guidance on off-payroll working for PSC workers in the public sector. Cloud9 Umbrella has written a guest article on the topic below. It’s one of the biggest topics of conversation within the industry, creating a massive stir for contractors and steadfast decisions from end clients. The off-payroll working in the public…