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Welcome delay for 'Making Tax Digital' measures Recently Published
Susie Hughes [Political News] 10:48 26/04/17
The Government has dropped the controversial Making Tax Digital (MTD) legislation from the Finance Bill, which will be the last to be debated in the Commons before Parliament adjourns for the General Election.
Call for election clarity on employment status issues Recently Published
Susie Hughes [Political News] 10:27 26/04/17
As the starting gun for the general election fires, one trade body has urged all parties to set out their respective positions on employment issues, status and tax so that voters can know what to expect from the next Government.
Snap election should lead to Making Tax Digital deferral
Susie Hughes [Political News] 12:23 24/04/17
A professional accountancy body has urged a delay in the implementation of HMRC’s Making Tax Digital strategy, following the decision to hold a snap General Election.
CIOT warns of dangers of rushing through Finance Bill
Susie Hughes [Political News] 15:27 19/04/17
The Chartered Institute of Taxation (CIOT) has written to Chancellor Philip Hammond urging him not to rush through a large number of tax changes without any real Parliamentary scrutiny.
Self-employed welcome Government U-turn on tax increases
Susie Hughes [Political News] 12:07 17/03/17 | Comments: 2
A week after annoucing an increase in National Insurance Contributions for the self-employed, the Government has U-turned and reversed the move.
More criticism for Government over National Insurance rise
Susie Hughes [Political News] 11:14 13/03/17
The row over the rise in National Insurance for the self-employed continues to gain ground amid accusations that the Government has reneged on a manifesto commitment not to raise taxes; and that it will penalise entrepreneurs.
Budget (6): Small business owners to feel the pinch
Susie Hughes [Political News] 12:35 10/03/17
The Chancellor announced two changes in a step to reduce the tax differential between the self-employed, director-shareholders and the employed. These changes include an increase to the main rate of national insurance contributions (NIC) paid by the self-employed and a reduction to the new dividend allowance.
Budget 2017 (5): Accountants reaction to small business tax clampdown
Susie Hughes [Political News] 11:23 10/03/17
When the Chancellor Philip Hammond announced his Spring Budget to Parliament, the wider implications are sure to affect SMEs across the UK. But will those changes be beneficial or detrimental to conditions for the UK’s owner-managed businesses?
Budget 2017 (4): Budget twists the knife into freelancers and contractors
Susie Hughes [Political News] 22:14 08/03/17
Contractor tax advisor, Qdos Contractor, has responded to the Budget with concern, as the Chancellor, unveiled the Government’s plans to build ‘an economy that works for everyone’, but seemingly not those working for themselves.
Budget 2017 (3): Continued pressure on small firms and self-employed
Susie Hughes [Political News] 21:52 08/03/17
The Forum of Private Business has given the Chancellor four out of 10 for his Budget announcements, with a warning that continued pressure on small businesses and the self-employed is short sighted as we look to get Britain trading again.
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