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Newsletter 450: Budget questions travel and subsistence

by Newsletter Editor at 10:15 26/03/15 ( Shout99 Newsletter)

It was generally expected that the Budget would, in some way, tackle the tax reliefs on travel and subsistence expenses of contractors, particularly those engaged through umbrella organisations.

And of course, it did. But how it will achieve its objective and who might be caught in the cross-fire, is still the big unknown. The spectre of IR35 arose when the term 'supervision, direction and control' was used to categorise those who could no longer be entitled to the relief, but those who are 'genuinely self-employed' (another IR35 ghost) should be protected. For more information about this and other Budget issues affecting small businesses and freelancers see Shout99's Political News section. ********************* Other news in Shout99 ********************* Portrait of an entrepreneur Large firms must be transparent with payment terms HMRC staff satisfaction falls as pressure increases ****************************************************** Advertisement - Protection against IR35 investigations (FO35) ****************************************************** Advertisement Protection against disputes with HMRC on tax matters, including IR35, is available for £116.00 a year. Freelancers Outside IR35 (FO35) is a complete operating system for small businesses with guidance on compliance; draft contracts; a helpline; status assessments; and representation by Qdos Consulting in the event of a dispute with the Revenue on tax; VAT; or IR35 issues. FO35 is available online for immediate cover for £116.00 a year. For more information or to order, see...... Freelancers Outside IR35 ************ Ask An Expert, our expert panel answers questions from freelancers, including agencies reporting requirements.. Letters from Freelancers opens up discussions on a number of subjects of interest to freelancers, including director's loans; and HMRC investigations. The Clubhouse is an area for 'off-topic' discussions. ******** Twitter ******** For the twitters and tweeters among our readers, you can follow Shout99's headline news on Twitter. ************************ Shout99 - Newsletter ************************ Please forward this newsletter to any other freelancer or small businesses who may be interested in news and information related to running a small business. You can subscribe to receive your own free copy of this newsletter on the home page of Shout99. Susie Hughes, Editor Newsletter 450 Shout99 - the network for freelancers Tweet

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