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HMRC admits contractor tax change legislation needs a rewrite
Susie Hughes [News on Business] 18:55 29/04/16
HMRC has admitted getting the wording wrong in new travel and subsistence legislation and will have to rewrite it.
Shift to self-employment brings savings time bomb
Susie Hughes [News on Business] 14:52 28/04/16
A report from the Federation of Small Businesses (FSB) has found the UK’s dramatic shift toward self-employment could be saving up long-term retirement problems for the future.
UK microbusinesses lack of succession planning
Susie Hughes [News on Business] 11:22 27/04/16
The UK Microbusiness community, which employs a third of all workers in the UK, threatens to ‘leave a crater’ in the UK economy owing to a lack of succession planning created by a culture of low income and later life working according to new research.
Warning about dangers of reclassifying temporary staff
Susie Hughes [News on Business] 10:57 22/04/16
Agencies that advise employers to reclassify temporary staff as 'unsupervised' are putting both their end clients and their directors in jeopardy, according a contractor management company.
Self-employment numbers continue to rise
Susie Hughes [News on Business] 10:39 22/04/16
The number of self-employed has risen by 120,000 in the three months leading up to February 2016, compared to the same period in 2015.
Consultants hit by 'flawed VAT thinking'
Susie Hughes [News on Business] 13:22 19/04/16
A professional tax body has claimed that HMRC's flawed thinking risks more small business consultants being overcharged VAT.
Bid to secure strategic review for contractors
Susie Hughes [News on Business] 20:34 14/04/16 | Comments: 2
A political party has tabled an amendment to the Finance Bill in a bid to secure a strategic review for contractors.
Freelancers: On your own, but 'Not Alone'
Susie Hughes [News on Business] 13:46 12/04/16
The freelancer workforce is a numerically significant part of the UK economy.....but trying to organise this group was once described as trying to herd cats.
HMRC tightening screws on small businesses
Susie Hughes [News on Business] 09:37 11/04/16 | Comments: 15
HM Revenue and Customs earned an additional £470m from investigations carried out into the tax affairs of small businesses last year, as it comes under increased pressure to boost income from tax investigations.
New guidance on travel and subsistence rules
Susie Hughes [News on Business] 11:07 08/04/16 | Comments: 1
HM Revenue and Customs (HMRC) has released new guidance on the removal of the travel and subsistence relief for contractors using an umbrella company.
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