FCSA criticises IFS tax report claims
Another major organisation representing contracting professionals has criticised the recent report from the Institute for Fiscal Studies (IFS) for misleadingly claiming that freelancers and the [...]
IPSE slams IFS’ “ludicrous” assertions about freelancing
A new report from the Institute for Fiscal Studies (IFS) has claimed that self-employed people enjoy an unfair tax advantage over those in traditional employment. Describing the differences in [...]
Getting to grips with Making Tax Digital
The government’s Making Tax Digital programme is a big change to the way the self-employed and micro businesses report their tax affairs. As well as requiring them to keep digital tax records, [...]
Getting your tax right in the sharing economy
The sharing economy is an umbrella term that originally referred to peer-to-peer sharing of goods and services within the open source community, but gradually broadened to cover online [...]
Outgoing Chancellor floats Brexit corporation tax cut
Outgoing Chancellor George Osborne has floated the idea of slashing corporation tax as part of a series of moves intended to retain existing investors and entice new ones to the UK in the wake of [...]
A brief guide to self-assessment tax return
There are more self-employed people in the UK than ever before, with numbers rising by 209,000 to 4.7 million in the three months up to April 2016. If you are newly self-employed, you may find [...]
Tax relief reforms call for ‘minded change’
Continuing changes to the tax relief system for small businesses and individuals require a mindset change for the whole accounting industry. “One-size-fits-all” solutions frequently no longer [...]
The fallout from 2015’s tax bomb – part 2
Incorporated businesses have been coming under fire from the current government since 2014. That year’s autumn statement meant that from 3rd December 2014, small businesses were disallowed [...]
Establishing your business entity is important for your tax
When someone decides to start their own business, there are many things that need to be arranged. In the initial days, you will be running around to find the right resources and work, you also [...]
Tax challenges for Personal Service Companies
This summer’s budget affected the taxation of Personal Service Companies (PSCs) significantly, and there are strong intimations issuing from Government sources that even more profound changes to [...]
