by Lynne Gowers | Jul 23, 2018 | General News, Contractors
Contractors who have previously been paid through disguised remuneration schemes, also known as contractor loan schemes, are being urged to contact HMRC to settle their tax affairs before a new loan charge is introduced from April 2019. We take a look at the sort of...
by Lynne Gowers | Jun 13, 2018 | General News, Contractors
The Freelancer and Contractor Services Association (FCSA) has responded to the government’s consultation on employment status. First, a bit of background. In February 2018, the government, (BEIS, HM Treasury and HMRC), launched a consultation borne out of the...
by Lynne Gowers | May 24, 2018 | Agencies, General News, Contractors
HMRC has launched its long-awaited consultation on plans to extend the IR35 off-payroll working rules to the private sector, which could affect 2 million contractors. The consultation paper lays out HMRC’s evaluation of how the public sector reforms have gone, and...
by Lynne Gowers | May 9, 2018 | Agencies, General News, Contractors
Public sector nurses and social workers are still being encouraged by certain recruitment agencies to take their wages through the dodgiest of dodgy payment schemes. HMRC tax bills are now landing on the doormats of thousands of contractors – with some facing...
by Lynne Gowers | Apr 11, 2018 | Contractors, General News
If you are an employee, the PAYE tax system uses your tax code to determine how much pay you can receive before you start paying tax on your income. This amount is known as your personal allowance. It changes every year and is set by the Chancellor in the Budget. If...