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HMRC
Contractors under pressure: HMRC re-opens IR35 enquiries and looks to open new cases, says Qdos…
With the effects of the pandemic on the UK economy, it is not surprising that HMRC’s compliance activity seems to be increasing in all areas, according to IR35 specialist Qdos.
"The Treasury will be looking for the effects of HMRC’s…
Deutsche WFH tax now referred to ‘WTF tax’ – here’s what startup founders…
Deutsche Bank's globally proposed 5% remote worker tax has had some mixed feedback, but for the most part, you can expect "outrageous," "ludicrous," "unnecessary," and even "discriminatory" to be among the responses of startups and their…
Pandemic profit levy targets self-employed and urges SEISS grant clawbacks
An independent think-tank focused on improving the living standards of those on low-to-middle incomes, has proposed in a new report, that the UK government should introduce a new Health and Social Care Levy, alongside a Pandemic Profits…
BOE pumps £150bn into economy and sees interest rates lowest in history- how could you benefit?
The Bank of England is pumping an extra £150bn of government bonds into the economy as it warned the resurgence of Covid-19 would lead to a slower recovery. The Bank of England's Monetary Policy Committee has reported that it has left…
How the minimum income floor works if you’re self-employed
COVID- changes to MIF
When the Department for Work and Pensions calculates your Universal Credit payment each month, in the recent past, they compared your real earnings with how much they expected you to earn each month - this…
CJRS extended: what does this mean for employers, agencies and umbrella contractors?
The Coronavirus Job Retention Scheme (CJRS) which was due to end on 31 October 2020 has now been extended into December to tie in with the Prime Minister's latest announcement on a new national lockdown (which will start on Thursday 5…
New to the UK, need to register as self-employed, but don’t have an NI number? Here’s…
The HMRC has introduced a 'workaround' for those who have been unable to obtain a national insurance number and need to register for self-employment and obtain a Unique Taxpayer Reference (UTR), The Institute of Chartered Accountants of…
Tax rises on self-employed could backfire on UK economic recovery, says IPSE
Tax rises on the self-employed would be the wrong option as the economy recovers from the coronavirus crisis, Derek Cribb, Interim CEO at IPSE (the Association of Independent Professionals and the Self-Employed) told the Treasury Select…
Taxman sends letters to 24K who may have made false SEISS claims, says report
HMRC has written to 24,000 people who may have falsely claimed on the government's coronavirus Self-Employment Income Support Scheme, The FT Advisor has reported.
The HM Revenue & Customs paid out £7.8bn to the 2.7m self-employed…
Freelance Informer launches #getrealhmrc Campaign to urge HMRC to use realistic calculations for tax…
The Freelance Informer is calling on the HMRC to have a two-pronged and realistic approach to handling self-employed tax bills in 2021 to fairly reflect for the sudden and considerable drop in earnings since the onset of the March lockdown…