We said goodbye to summer in style!

On Tuesday 20th September, we saw over 60 contractors from round London come and join us for our first End of Summer Drinks Reception. The fantastic Smollensky’s terrace bar was the perfect venue to share a few drinks whilst the British weather behaved for us to have wonderful and warm evening with our guests. Our…

Drinks are on us!

K&B Accountancy Group and Cloud9 Umbrella are revelling in this beautiful Indian summer weather and before the sunshine disappears, we have decided to host a special ‘End of Summer Drinks Reception.’ We aim to provide the perfect opportunity for existing and new clients to meet with our accountants, mingle with fellow contractors and network with…

Public sector left frustrated by the proposed government changes to IR35

According to the recent survey by the Recruitment and Employment Confederation (REC), public sector employers do not approve the changes to the monitoring and reporting of skilled contractors’ tax status that the government is currently proposing. The survey, based on feedback from 95 public sector HR managers, highlighted that 69.5% expressed fears that the suggested…

HMRC update on contractor tax avoidance schemes

We’ve all heard the old adage ‘if it’s too good to be true, then it probably is.’ A minority of contractors are still getting caught up in schemes that are offering 85-95% take home pay. These may not be all that they seem. HMRC is continuing to focus their attention on reducing the number of…

IR35 contract review – why bother?

Taking IR35 seriously and giving it proper consideration for every contract should be the starting point for all contractors. Ultimately, IR35 will fundamentally affect how you choose to operate. More importantly, you will be in a better position to establish what your tax and NIC liabilities are from the outset, which will enable you to…