As announced today (7th February 2020), HMRC has proposed a minor change to the implementation of the off-payroll reforms in order to allow businesses more time to prepare. The change ensures that the new rules will only apply to payments made in relation to work
Changes will be taking place in April this year, and it’s time to switch… There are changes set to take place to off-payroll working in the private sector which is coming into effect from 6th April this year. These changes will bring the Private Sector
The Chancellor had advised on 30th November 2019 that Government had intentions to review the IR35 Private Sector Reforms that were planned to be rolled out in April 2020. The review, announced on Tuesday 7th January, will aim to address concerns from the businesses and
Buried away on page 103 of NHS Digital’s Annual Report and Accounts is the admission that NHSD has been levied with a £4.3m fine (including penalties and interest) in relation to incorrect IR35 determinations made between April 2017 and December 2018. What’s most disturbing about all
On Wednesday 11th July 2019, HM Treasury and HM Revenue & Customs published their draft Finance Bill 2019-20. The full draft is here: https://www.gov.uk/government/collections/finance-bill-2019-20 As expected, the draft confirms that the off-payroll reforms to the private sector will apply from April 2020 with the following
Contractors, recruiters, and everyone else associated with the so-called “gig economy” appeared to breath a collective sigh of relief yesterday when it was announced at budget that reform of IR35 in the private sector would not be introduced in April 2019 as originally expected,
The problem for recruitment agencies when placing contractors is that it’s not just their reputation on the line when they’re on assignment. If you want to be taken seriously as a contract recruiter and build a solid name, it is vital that you have
There is little more exciting in the contracting life than to be offered the opportunity to work abroad. The thrill of experiencing another culture, from inside work and out, the chance to explore a new land in your downtime, and the benefit of more clement
We’re at the end of 2017 already. Christmas is less than a week away. New Year, a week after, and most importantly, the HMRC self assessment tax submission deadline is looming fast. But this tax filing season brings with it a raft of changes that
The first Autumn budget for twenty-one years was not the happy occasion most had wished for. The Liberty Bishop team have gone through the Chancellor’s statement with a fine tooth-comb and picked out the highlights just for you! Here are our takeaways from a bit
On 30th September 2017 a new criminal offence comes into force via the Criminal Finance Act. The new criminal offence is one of failing to prevent the facilitation of tax evasion. For a business to be liable under the new offence, there must have been
Following the round table discussion meeting with HMRC last week, frustratingly we get the feeling not a lot is going to be amended regarding the forthcoming “Off-payroll working in the public sector: reform of the employment intermediaries legislation (IR35)” HMRC confirmed they aim to release
As you’re no doubt aware, George Osborne gave us his 8th budget yesterday afternoon. Nothing new to report on the Travel & Subsistence (T&S) side of things; as expected the changes are going ahead as planned and restrictions on access to T&S for workers
Change presents opportunity…and it’s fair to say that several of my competitors have introduced new types of payroll solutions in light of the up-coming legislation changes in an attempt to “cash in” on that opportunity. Since they’re my competitors, you’ll forgive me if my review
We held a successful seminar on Friday 15th January 2016, at One Churchill Place (Barclays Global HQ) with a guest speaker from HMRC in attendance. Covering the latest scornful legislation to affect the contracting sector: “Employment Intermediaries and Tax Relief for Travel and Subsistence”.
As we found out at Osborne’s Autumn Statement on 25th November, the government are pushing forward with their proposals to restrict tax relief on travel and subsistence for workers engaged through an employment intermediary; the definition of which encompasses umbrella companies, recruitment agencies and personal