IR35 describes two sets of legislation that HMRC has designed to combat what they consider to be tax avoidance by workers and the firms hiring them. HMRC maintains that these workers supplying their services to clients via an intermediary such as a limited company, are actually employees and so should be taxed as such
The government has introduced the VAT domestic reverse charge as an anti fraud measure. From 1 March 2021, the businesses must account for the reverse charge for VAT for most supplies of building and construction services.
The last month has been a confusing time with changes to the tier lockdown system and new government schemes being rolled out. This article aims to help you to understand the support on offer and what you’re eligible to claim.
While economic and political uncertainty continues from 2020, businesses will need to reassess their model and operations. This article focuses on some of the trends for the coming year.
There have been significant changes to the financial support measures from the government in the past fortnight. This article will summarise the current available options to businesses and individuals at the time of publishing and links to the most up to date information.
The government over the weekend has announced a new national lockdown. The Coronavirus Job Retention Scheme (CJRS also known as the Furlough scheme), will remain open until December, with employees receiving 80% of their current salary for hours not worked, up to a maximum of £2,500. It has also been announced that mortgage holidays will no longer end on the 31st of October.
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