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Contractors and freelancers will all be aware of IR35, a legislation which has been seen as controversial ever since it was introduced in April 2000, although many still do not understand it fully. There has been a lot of criticism … Continue reading
It was announced in the Emergency Budget that IR35 would be reviewed by the Office of Tax Simplification and details have recently been released about just how exactly they plan to review the complex legislation. John Whiting, the new tax … Continue reading
In a bid to collect outstanding taxes, HMRC have enlisted the services of four debt collection agencies. The government hopes this will bring in an additional £140m over the current financial year. HMRC will give taxpayers the chance to pay, … Continue reading
The emergency budget was this afternoon read by George Osborne and here at Independent Contractor Services (ICS), we have compiled a list of key points which are likely to affect all contractors, whether you are a sole trader, paid via … Continue reading
The emergency budget, which Chancellor George Osborne will announce today, (22nd June) has many commentators discussing what he will outline. Many expect VAT rises, capital gains increases and cuts in child tax credits for the middle class. Media within the … Continue reading
The new coalition government, which was formed last week, is to have an emergency budget on Tuesday, 22nd June 2010. The new Chancellor, George Osborne is set to outline his plans for a £6 billion reduction in spending. The Budget … Continue reading
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