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<description>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.</description>
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<description>There was an item on Newsnight yesterday that just screamed IR35. Ed Lester, appointed as CEO of the Student Loans Company - i.e. he&#x27;s a senior civil servant - is paid gross through his personal service company for reasons of &#x27;tax efficiency&#x27; This implies that he has been let off the hook of IR35.</description>
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<description>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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<description>A small business group has responded &#x27;with dismay&#x27; to the Government&#x27;s announcement that legislation  designed to clamp down on &#x91;phoenix&#x27; companies starting again while leaving their creditors unpaid, will now not go ahead as planned. 
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<description>The tax tribunal has found in favour of HM Revenue and Customs in a &#xA3;158 million &#x27;travel allowances&#x27; case involving Reed Employment and relating to the tax treatment of certain payments to Reed&#x27;s temporary employees.
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