Giving back and getting back this Christmas: tax relief and expenses

With just over 2 weeks left until Christmas, it’s safe to say the winter celebrations are in full swing. With that, we wanted to recap on the expenses and tax relief you may be able to claim through your charitable donations and work festivities. Getting a little back for yourself, while treating and gifting others…

How compliant umbrella companies are beneficial to recruitment agencies

For recruitment agencies, the relationship between consultants and their contractors is built on trust. Candidates rely on recruiters to provide the best possible advice in regards to their finances and salary. This is why it’s vital that agencies use a clear, concise and compliant umbrella company for support. We explore how agencies can benefit from…

We’ve been nominated for the ContractorUK Awards 2018!

We are delighted to announce that we have been nominated for Best Contractor Accountant (Small/Medium) at the ContractorUK Awards 2018. The ContractorUK Awards is a fantastic opportunity for you to vote for the organisations that you believe have provided an exceptional service. We are proud to have been nominated as we believe the nomination reflects…

Budget 2018: key points for contractors

Aside from IR35 being extended to the private sector in April 2020, what other changes were revealed for contractors in the Budget 2018 report? From Entrepreneur’s Relief reform and VAT registration frozen thresholds to Personal Allowance and Higher Rate Thresholds. We’ve done a quick summary of what’s most important for contractors.   Entrepreneurs’ Relief reform…

Budget 2018: IR35 to be rolled out to the private sector in 2020

On 29th October 2018, Philip Hammond finally delivered the highly anticipated Autumn Budget 2018. After much speculation, it has been confirmed that IR35 reform will be extended to the private sector. Despite fears that the reform would be introduced in April 2019, the Chancellor of the Exchequer said the changes would not be implemented until April 2020.…

Criminal Finance Act 2017: what does this mean for your agency?

It’s been well over a year since the Criminal Finance Act (CFA) was introduced 30th September 2017, which saw companies become criminally liable for any facilitation of tax evasion and tax avoidance schemes by any persons representing the company, and a recent Tax Journal has proposed that HMRC is ‘chomping at the bit to investigate.’ After the…