contractors
Will Changes to the CIS Affect You?
How HMRC Changes to Construction Industry Scheme Could Impact Construction Workers Changes to the Construction Industry Scheme (CIS) came into force at the start of the tax year in April which have the potential to impact on contractors
Uncertain New Year Ahead for UK Contractors
The UK’s estimated 1.8 million contractors face an uncertain year in 2020 as HMRC presses on with its plans to roll out its IR35 reforms to contractors working in the private sector. With controversy still raging around its CEST tool,
BBC Ruling Shows IR35 Still Lacks Clarity for Freelancers and Contractors
Contractors and freelancers will be weighing up the latest implications surrounding IR35 legislation as three BBC presenters are left facing a combined tax bill of nearly £1 million after a court ruling in favour of HMRC. With IR35 due to
Disguised Remuneration Loan Charge Review Welcomed
Government Announce Review into Loan Charge Levied on Tax Avoidance Schemes HM Treasury yesterday announced that it was launching an independent review into the controversial Loan Charge which was intended to tackle a particular form of tax avoidance. Impacting upon
Reverse VAT Charge Imminent for Construction Industry
Introduction of New VAT Rules to Target Fraud due in October 2019 Businesses which provide construction services are urged to make themselves aware of changes to the way VAT is charged prior to the introduction of reverse VAT charging later