IR35 reforms taking their toll on skilled contractors
One in ten highly skilled freelancers are currently out of work due to the impact of reforms to IR35 tax legislation
IR35 reforms taking their toll on skilled contractors Read More »
Tax
MTD for Income Tax pilot now live
HMRC’s pilot scheme for Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is now live.
MTD for Income Tax pilot now live Read More »
HMRC publishes guidance on MTD for ITSA for sole traders and landlords
HMRC has published new guidance on the Making Tax Digital for Income Tax Self Assessment (MTD for ITSA).
HMRC publishes guidance on MTD for ITSA for sole traders and landlords Read More »
Government in major U-turn on pick-up truck tax changes
Just a week after announcing it, HMRC has scrapped its plan to axe the benefit-in-kind ‘loophole’ for pick-ups.
Government in major U-turn on pick-up truck tax changes Read More »
Raise VAT threshold to £100,000, says FSB
The government should raise the turnover threshold for VAT from £85,000 to £100,000, according to the Federation of Small Businesses (FSB).
Raise VAT threshold to £100,000, says FSB Read More »
HMRC sends warning to cryptoasset users
As the use of cryptoassets continues to grow HMRC is warning people to check if they need to complete a self assessment tax return for the 2022/23 tax year to avoid potential penalties.
HMRC sends warning to cryptoasset users Read More »