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Shout99 - the network for freelancers
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Taxes paid by workers who were incorrectly categorised as outside the scope of the off-payroll working rules, IR35, should be offset against the tax due from the organisation that engaged them to protect the public purse, says the Chartered Institute of Taxation (CIOT).
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The HMRC Charter annual report shows that poor service levels are undermining HMRC’s ability to deliver on their Charter standards, according to a professional tax body.
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A professional tax group is warning people on lower incomes of the potential risks when answering an advert to become a director of a company in exchange for a fee.
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In its latest consultation on creating a tax system fit for the 21st century, HMRC falls short on its remit to simplify the tax system, focusing instead on measures which reduce its own workload, according to the Association of Taxation Technicians (ATT).
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A new report by the body tasked with investigating complaints against HMRC is further evidence that the tax authority is ill-equipped to deal with the pressures on its services.
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The temporary closure of the helpline for self-assessment taxpayers is 'another flashing indicator that HMRC can’t cope with everything it is being tasked with' according to a leading professional tax body.
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A report from the National Audit Office (NAO) has criticised HMRC's tax modernations plans, Making Tax Digital (MTD), for being over budget and trying to operate in unrealistic time-frames.
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The question of 'double taxation' has recently engaged the contrcting sector with hopes that the Goverment will act to remove the 'unfairness' of the duplicate payments.
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Latest figures from the Office for National Statistics (ONS) show more people are moving to self-employment as their preferred choice of work.
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New research suggesting that 45 per cent of freelancers are not saving into a pension has prompted renewed calls for political parties to tackle the issue in their manifestos ahead of the next election.
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