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HMRC
Fate of limited company directors and PAYE contractors in HMRC’s hands
The Directors Income Support Scheme, known as DISS, is expected to hear of the Treasury's decision in a matter of days, Forgotten Ltd. has confirmed with The Freelance Informer.
Northern Ireland has outpaced the UK this month on its…
Self-employed and freelancers fed up with late payments – is it time for the government to…
Freelancers’ financial situations have been seriously impacted by an increase in late payments during the pandemic with one million UK freelancers being pushed into debt since the pandemic hit, according to a report by IPSE (the…
No more margaritas: Restaurateur Brothers banned for failing to pay £173,000 in taxes
Brothers Carlos Enrique De La Cruz Vidal (51), from South East London, and Fernando De La Cruz Vidal (52), from Granada in Spain, are now banned from acting as directors or directly or indirectly becoming involved, without the permission…
The missing billions: ONS records miss £800bn in assets owned by ‘super-rich’
The ONS’ main data on wealth misses almost £800 billion of assets held by the wealthiest 1 per cent of UK households and correcting for this oversight means UK wealth inequality is higher than previously thought, according to new…
Sunak sets sights on self-employed and CGT tax hikes
The UK's Chancellor of the Exchequer, Rishi Sunak, has expressed that the self-employed should be expected to pay higher taxes.
In an effort to 'equalise' tax contributions and taxpayer support between the salaried, self-employed and…
Universal Credit set to be paid early in December
Universal Credit Claimants could see their payments made slightly earlier this December to take into account of the bank holidays. We have provided the estimated dates below based on the government's website.
Bank holiday payment dates
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No-deal Brexit means ALL UK business travellers and service engineers to face hefty fines without…
If you plan on carrying out work or services in the EU after January 1st, even if you are self-employed or a director of your own limited company, then you will need a special permit to do so. That includes visiting a conference or…
File your taxes early to help secure third SEISS grant
Filing your taxes early may help you secure the third SEISS grant, according to a report by Which?
The UK’s third self-employed grant to cover eligible businesses between February 2021 to April 2021 must be claimed on or before the…
Third self-employed grant: deadline and how to apply, fourth grant to become available says HMRC
The UK's third self-employed grant to cover eligible businesses between February 2021 to April 2021 must be claimed on or before the deadline of 29 January 2021.
The Freelance Informer has outlined how to apply below. The HMRC has said…
Company founders and execs race to sell down stakes over anticipated capital gains tax hike
The Office for Tax Simplification (OTS) proposals published this week could see the number of UK taxpayers subject to capital gains tax (CGT) triple, according to tax experts, who warn investors should be on "high alert" over the…