by Lynne Gowers | Dec 4, 2023 | Agencies, Contractors
The Freelancer and Contractor Services Association (FCSA) has been working closely with the Umbrella Companies team at HMRC and has recently received a positive update from the tax authority that they have incorporated key FCSA suggestions into their latest umbrella...
by Lynne Gowers | Nov 28, 2023 | Contractors, IR35, Agencies, General News
Buried in the small print of last week’s Autumn Statement was a reference to the IR35 Offset Mechanism, and confirmation that it is to go ahead from 6th April 2024. This is positive news for the contracting sector as until now an implementation date for this hadn’t...
by Lynne Gowers | Nov 23, 2023 | Agencies, General News, Contractors
On Wednesday 22nd November, the political spotlight was on Chancellor Jeremy Hunt as he delivered his Autumn Statement to the House of Commons. While falling short of a full Budget, the annual Autumn Statement is a significant financial update outlining the...
by Lynne Gowers | Nov 17, 2023 | Contractors
As self assessment tax return season rolls around, one question that comes up is do umbrella company contractors need to complete a personal tax return. The short answer is maybe. It completely depends on your personal circumstances and whether you’ve had any income...
by Lynne Gowers | Nov 9, 2023 | Contractors
Saving for retirement is something you should give thought to even early on in your contracting career, and this year’s changes to pensions could have a significant impact on your financial planning. 2023 has seen a series of important pension-related updates that may...
by MLC-Admin | Oct 26, 2023 | Uncategorized, Contractors
If you are an employee, and are married or in a civil partnership, you may be able to benefit from a government tax break known as the marriage allowance.This is a tax relief that lets you transfer £1,260 of your Personal Allowance to your husband, wife or civil...
