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Contractors working via their own limited company may be interested to know that HMRC recently lost their case against a couple who it claimed owed nearly £20,000 tax on four years’ dividends. HM Revenue and Customs took the Patmores to … Continue reading
A leading accountant says that the number of limited company directors taking illegal dividends or loans has risen at a rapid rate and HMRC wants these directors banned. HMRC are aware of a sharp rise in the number of allegedly … Continue reading
Contractors that work via their own limited company have been advised to check their details on Companies House frequently. This is because fraudsters are increasingly targeting the official registry to clone identities. CPP Group, a leading provider of Life Assistance … Continue reading
It has been reported today that the self employed, including contractors working through an umbrella company or their own limited company, are not saving adequately for retirement. They risk being poor in their old age because they save less than … Continue reading
Contractors working through their own limited company should be aware that from April 1st, 2010 all cheque payments for VAT, sent to HMRC by post will be treated as being received by HM Revenue and Customs on the date when … Continue reading
Chancellor Alistair Darling yesterday unveiled his second pre-Budget report of this economic downturn. Across the contracting industry this week, there were gloomy predictions of what the report would announce but as Contract Eye discusses, the Pre Budget Report really wasn’t … Continue reading
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