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Shout99 - the network for freelancers
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A Treasury Minister found himself trying to explain and control the growing scandal around tax avoidance by senior Civil Servants.
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Small firms face a much more costly process of winding up their companies after Parliament approved a measure which will impose significant additional burdens on some small firms.
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There was an item on Newsnight yesterday that just screamed IR35. Ed Lester, appointed as CEO of the Student Loans Company - i.e. he's a senior civil servant - is paid gross through his personal service company for reasons of 'tax efficiency' This implies that he has been let off the hook of IR35.
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Shout99 provides news and information for freelancers, contractors and small businesses. Updated daily, its aim is to help you run your business, avoid the pitfalls and keep ahead of the latest moves which will impact on your business.
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HM Revenue and Customs have given tax payers a 48 hour extension to ensure their tax returns are filed before the new penalty regime kicks in.
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A growing proportion of IT contractors are working in the telecoms sector as retailers ramp up investment in their mobile internet offerings, according to recent research.
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Major innovations that are already shaping business globally over the next decade are being driven by innovative small and medium sized businesses, not corporates, according to a recent report.
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A small business group has responded 'with dismay' to the Government's announcement that legislation designed to clamp down on ‘phoenix' companies starting again while leaving their creditors unpaid, will now not go ahead as planned.
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The tax tribunal has found in favour of HM Revenue and Customs in a £158 million 'travel allowances' case involving Reed Employment and relating to the tax treatment of certain payments to Reed's temporary employees.
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Small businesses who still use paper VAT returns must arrange for their returns to be submitted online.
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