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Shout99 - the network for freelancers
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As the deadline to submit Self Assessment tax returns looms, nearly 44,800 people have sorted their tax bills totalling almost £148 million, by setting up a payment plan.
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Footballer turned TV pundit, Phil Thompson, is the latest media personality to fall foul of HMRC’s IR35 challenges.
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A very Merry Christmas holidays and best wishes for 2024 to everyone.
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Calls to the Self-Assessment helpline i the weeks leading up to the January 31, 2024 deadline will be assessed for complexity before taxpayers and agents can get help, according to an HMRC announcement.
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The Government's stated intention is to focus on five areas: reducing debt; cutting tax and rewarding hard work; backing British business; building domestic and sustainable energy; and delivering world-class education.
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Around 20 million Brits receive the jab each year, with many employers choosing to cover the cost for their employees. Contractors can also benefit from this provision through their own company, but need to take care how the payment is made for the 'jab' to avoid a tax hit.
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We are so sorry to hear of the recent passing of IR35 expert Kate Cottrell of Bauer & Cottrell. Kate was a well-respected expert in the IR35 field since the early days in the late 1990s and worked closely with many freelancer organisations, including as one of our 'Ask An Experts'.
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HMRC has given its much criticised online status assessment tool, CEST, an update with a low-key launch.
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Recruitment body, the REC, is calling on the Government to stay focussed on regulating umbrellas and scrap, what it describes as 'their grossly unfair proposal to pass the buck of umbrella tax debt to employment businesses.
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There are some surprising business expenses that sole traders and self-employed tradespeople may be forgetting about or are simply unaware of, according to a firm of insurance experts.
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