Browsing Category
HMRC
Why the £200m BlueCrest Supreme Court Ruling Matters to LLP freelance partners, contractors and…
Senior roles inside a Limited Liability Partnership may no longer protect your self-employed tax status. A landmark Supreme Court ruling for BlueCrest could change everything for freelance partners, contractors and asset managers
Do you!-->!-->!-->…
Self-employed tax payments could come earlier under new government plans
HMRC wants self-employed people to pay their tax more regularly, not just twice a year. A new consultation asks how this should work. Here's what it means for you and how to respond before the deadline
If you're self-employed, the way!-->!-->!-->…
Don’t get caught offside by HMRC: Self-employed guide to apportioning business and leisure…
Wondering if you can write off your flights to the 2026 World Cup as a business expense if you are on a working holiday? Here is how to apportion travel expenses when self-employed so you can stay onside with HMRC and still enjoy the!-->…
Would a future Chancellor of the Exchequer ever scrap Employer’s National Insurance?
SPECIAL REPORT
In a BBC Newsnight interview, former PM Rishi Sunak described tech chief executives telling him "flat is the new up" when it came to employee structures. Sunak suggested in the interview that this was a concerning!-->!-->!-->…
Qdos case: HMRC tells contractor they’re in the clear — then reverses course and demands…
TAX & CONTRACTING NEWS
Contractor insurer Qdos has reported HMRC is issuing letters to contractors it believes have worked via tax avoidance schemes, demanding unpaid tax, sometimes running to six figures. The twist? In at least one!-->!-->!-->…
Qdos: Post Office’s £104m IR35 blunder could leave thousands of contractors owed millions in…
The UK’s government-owned Post Office faces a £104 million IR35 tax liability after wrongly classifying contract workers between 2017 and 2022 — and a controversial decision not to offset taxes already paid by contractors could mean!-->…
The £1,400 tax shock: How freelancers and directors can beat the April dividend hike
TAX & FINANCE | FREELANCERS & CONTRACTORS
Dividend tax rates in the UK rise on 6 April 2026 — and for limited company directors earning £100,000, the annual hit could reach £1,400. Here's what you need to know, and!-->!-->!-->…
Corporation tax changes April 2026: Late filing penalties double and director’s loan tax rate…
TAX UPDATE — LIMITED COMPANIES
HMRC is doubling late filing penalties for corporation tax returns and raising the tax charge on directors' loans from April 2026. Here is what every limited company contractor, freelancer and consultant!-->!-->!-->…
Making Tax Digital 2026: Mandatory £50k thresholds and new 5-filing rules for sole traders,…
SPECIAL REPORT
Making Tax Digital (MTD) for Income Tax becomes mandatory on 6 April 2026 for anyone with a qualifying income over £50,000. This threshold is based on your gross turnover from 2024/25, not your profit. This report covers!-->!-->!-->…
Forget the £100 Fine: HMRC’s £10 daily penalties and 7.75% Interest Rate Could Cost You £££s…
The £100 penalty for missing the 31st January midnight self-assessment deadline is negligible. That is, compared to what HMRC will charge you in interest.
The more pressing financial danger facing millions of self-employed workers is!-->!-->!-->…