Chancellor may announce demise of IR35
Chancellor George Osborne may sound the death knell for IR35 next week when he announces a new plan that may combine Income Tax with National Insurance.
View ArticleTax cheats caught red-handed, told to repay £1.2m to HMRC
Bad news for 14 individuals after they were caught red-handed in a tax fraud scheme, as they're now on the hook for repaying £1.2 million to the taxman.
View Article300,000 late filers could have goods seized by HMRC
There are as many as 300,000 individuals in danger of having their goods seized by HMRC because they have failed to file their 2010-2011 tax returns.
View ArticleEvery employer needs to prepare for PAYE changes in New Year
It doesn't matter how large - or how small - your firm may be when it comes to the new Real Time Information system being implemented into PAYE next year.
View ArticleHMRC experiences online tax form Christmas rush
If anything can light a fire under the bottoms Brits lagging behind on their tax return, it's the threat of increased penalties, leading to a sudden rush.
View ArticleThe clock is ticking: RTI is only three months away
Her Majesty's Revenue & Customs has kicked their Real Time Information awareness scheme into high gear, now that it goes into effect in just three months.
View ArticleThe self-employed have a 12pc advantage over PAYE workers
According to the latest research, permanent PAYE workers lose on average 12 per cent more in taxes than their freelance or contract worker counterparts.
View ArticleHMRC says highly paid Brits pay plenty in taxes
For all the complaint and outrage over the wealthy not paying their fare share in taxes, Her Majesty's Revenue & Customs has released startling figures.
View ArticleFirst we had GTi, then SRi – and now RTi
When I first heard about the new RTi that gets released in April, I immediately went to Parkers guide online and found out what my car is worth.
View ArticleGovernment cracks down on use of tax avoidance schemes
Even though the net is closing around the practice already, the Government is going to begin instituting even stronger limitations on firms using tax avoidance.
View ArticleSmall firms given extra time to prepare for RTI
Implementation of the new Real Time Information scheme, which was slated to go into effect next month, has been relaxed for firms with less than 50 employees.
View ArticleHMRC offers new options for expense and benefit submissions
Her Majesty's Revenue and Customs has come forward to offer new options to employers when it comes to staff expense and benefit detail submissions.
View ArticleHMRC implements new contractor PAYE fix
All you limited company contractors, you can breathe easy: the taxman has handed down a PAYE reprieve that exempts you from the new RTI rules.
View ArticleDigital tax system wreaks havoc with self-employed Brits
Finding it a trial to deal with the digital tax system? You're not alone, according to a major accountancy trade body.
View ArticleHMRC puts the screws to employers over RTI
Her Majesty's Revenue & Customs has begun to use the hard sell when it comes to the adoption of its new Real Time Information PAYE system in a major way.
View ArticleExperts warn against gross contractor pay
Accountancy experts say that any agency that pays their contractors gross could end up in some very hot water with the taxman at the end of the day.
View ArticleHMRC takes pity on contractor VAT returns by relaxing rules
If I've said once I've said it a dozen times: sometimes Her Majesty's Revenue & Customs comes through for contractors in a major and much appreciated way.
View ArticleTories considering campaigning on tax system simplification
The Conservatives like to say they support British businesses, including the self-employed, but now they may be ready to put their money where their mouth is.
View ArticleCompliance costs ravaging contractors and other sole traders
Whilst the Government says it's going to be reducing their focus on following legislation, contractors and sole traders are suffering from compliance costs.
View ArticleTaxman granted new powers to collect from high earners
Her Majesty's Revenue & Customs has been granted new powers to collect additional taxes from high earners - and some contractors may be in the crosshairs.
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