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Shout99 - the network for freelancers
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Reminder: Midnight January 31 is the deadline to avoid a £100 late filing penalty on tax returns.
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HM Revenue and Customs (HMRC) has published a consultation paper, ‘Strengthening Sanctions for Tax Avoidance’, setting out proposals to tackle the serial use of tax avoidance schemes.
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Good morning, my work place colleague would like to ask the following
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Freelancers are cautiously optimistic about the year ahead, believing the number of contracts available will grow, but revenue will remain the same.
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Having just celebrated New Year contractor are reminded that another New Year is just around the corner. April 6 2015 welcomes in the 2015/2016 tax year; so with three months remaining, what planning measures can you put in place to make sure you have taken advantage of all the tax breaks available to you?
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I have been contracting via my own personal services company since 2009. I have been on maternity leave since June 2013 (fully salaried by my company except for the period I received Statutory Maternity Pay). I have just been offered an 8 week contract by a City institution, but am having no end of hassle with the agency they are using to complete all the relevant security/credit checks as they seem to fail to understand the difference between contractors working via a limited company and PAYE employees.
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Compliance contractors in the banking section could be the winners as the major banks come to terms with their ring-fencing strategies.
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Umbrella companies have hit back following a Channel 4 programme which featured an investigation into the practises of one umbrella company as part of a programme digging into schemes which result in low pay.
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Tough new regulations designed to tighten up industry standards to fight against counterfeit drugs have led to a surge in demand for compliance specialists at pharmaceutical companies.
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The latest ONS Labour Market Statistics show self-employment is 'here to stay' according to IPSE, the association for freelancers and the self-employed.
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