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Our Managing Director’s take on the Spring Statement

2019-03-13T16:54:42+00:00By |

The Chancellor has said before that the Spring Statement would be more of a fiscal state of the nation than an opportunity to announce new legislation but with the backdrop of the Brexit vote defeat last night and further votes happening over the next couple of days it could well have been a case of [...]

Making tax digital from April 2019

2019-03-25T11:56:03+00:00By |

With effect from 1st April 2019 HMRC requires that businesses for whom VAT returns are mandatory file their returns in line with the new Making Tax Digital (MTD) requirements. If your taxable turnover is greater than the VAT registration threshold of £85,000 then this will apply to you. This new regime from HMRC means that [...]

The Budget 2018: here’s what you need to know

2018-11-06T09:38:07+00:00By |

The Chancellor, Philip Hammond stood up at 3.30 pm on Monday 29th October to make his third budget speech and more importantly his last one before the UK leaves the EU. We’ve worked our way through his lengthy list of announcements and picked out the key points that as a contractor you need to be [...]

Autumn Budget Report 2018

2019-03-19T14:04:29+00:00By |

Chancellor Philip Hammond presented this year’s Autumn Budget earlier than usual, due in part to the crucial final stages of the government’s Brexit talks with the EU. In our budget blog we provide an overview of the key announcements featuring in the Chancellor’s speech. The major change for contractors was the extension of the public sector [...]

Don’t get caught out by IR35 in 2018

2019-03-25T14:20:44+00:00By |

Upon deciding to become an independent contractor, one of the first things you should acquaint yourself with is the Intermediaries Legislation or IR35 as it is commonly referred to. IR35 is a complex piece of legislation. To help you from getting caught out by IR35 in 2018, we’ll briefly discuss what the Intermediaries Legislation entails, [...]