WHAT HAPPENS IF YOUR IR35 STATUS IS CHANGED?
Reforms to off-payroll rules in the private sector would mean end hirers become responsible for your IR35 status determination. What happens if your status is changed?
Reforms to off-payroll rules in the private sector would mean end hirers become responsible for your IR35 status determination. What happens if your status is changed?
What happens to your pension if you switch from working as a limited company contractor (PSC) and join an Umbrella company?
If you are affected by off-payroll reforms and are considering alternatives such as Umbrella employment, it’s helpful to understand AWR.
We are here to help you make sense of the IR35 (off-payroll) reforms. Here we look at the option of forming a consultancy with other contractors.
Expenses cannot be claimed when you’re an Umbrella worker and subject to supervision, direction and control. Here we explain why.
With every annual Self Assessment deadline, HMRC releases some of the unusual and outlandish excuses they receive for late tax return submissions. They also reveal some of the more brazen expense claims self-assessors have attempted to submit. Regardless of how amusing these entrants may be, HMRC holds its stance that these eccentric excuses and claims…
As we are now weeks away from Christmas, and the holiday season is in full swing, we cover the most common queries about festive and annual event deductible expenses. Annual Christmas party as deductible expenses Your limited company can claim its festive or annual party as deductible expenses for corporation tax purposes. The cost…
One of the most frequently asked questions from our clients on the VAT flat rate change for a limited cost business is: “what is counted as ‘goods’ when determining if they need to use the higher rate of 16.5%?” According to HMRC guidance, ‘goods’ are movable items or materials exclusively used in your limited cost…
You’ll often find discussions and reasons as to why you should move from an umbrella to a limited company. But we thought we’d discuss the reverse, because sometimes, the arrangements of working through a limited company, no longer make sense for the position you are in. So why might you consider switching from a limited…
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…
The overall demand for skilled candidates was revealed to still be significantly increasing, as of November, according to the monthly Report on Jobs by IHS Markit/REC. Consultants were asked to report on the availability of contractors and the latest index result was 39.6. Index readings below 50 indicate a lower availability than the month before,…
Did you know, if you switch to our Umbrella, you can continue to contribute to your personal pension scheme or SIPP? That means you can use our Umbrella without having to change any of the plans you’ve made for your retirement.
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