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Shout99 - the network for freelancers
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New research has revealed that compliance when placing contractors and talent shortage were two of the greatest challenges faced by recruitment agencies 2022.
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HMRC has failed to score in its attempt to claim a £700,000 tax bill from Sky Sports pundit, Stuart Barnes, in an IR35 dispute.
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Freelancer confidence in their own businesses has fallen to its lowest levels since the height of the pandemic and lockdown restrictions in Q3 2020.
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A very Merry Christmas and a happy, healthy and successful 2023 to all our readers, contributors and partners.
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HM Revenue and Customs has commissioned research to explore the short-term impacts of the controversial 2021 off-payroll working rules reform in the private and voluntary sectors.
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The number of tax tribunal cases waiting to be heard has increased more than sevenfold compared to the same quarter last year, from 1,200 at the end of June 2021, to 10,000 in at the end of June 2022.
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Nearly half of UK contractors’ work comes from overseas clients and just over half expect the amount of work they do for clients outside of the UK to increase over the next 12 months.
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HMRC has added umbrella company, Charteris Management Ltd (CML) to its list of tax avoidance schemes. However, the move has been described by one expert as ‘not going far enough’, with another urging the tax office to start calling out ‘the big players’.
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Since IR35 metamorphosed into the 'off payroll' rules, the ongoing criticism of poorly drafted legislation and confusing outcomes has taken on new levels.
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The hidden misery for contractors and freelancers in the Autumn Statement was the announcement that the dividend tax thresholds will be reduced from £2,000 to £1,000 in April 2023, before halving again, to £500 in April 2024.
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