Budget 2017 Key Announcements
It appears that Chancellor Philip Hammond has set his sights on the self-employed as he aims to extinguish “tax-motivated incorporation”, announced in Budget 2017 today, 8th March.
It appears that Chancellor Philip Hammond has set his sights on the self-employed as he aims to extinguish “tax-motivated incorporation”, announced in Budget 2017 today, 8th March.
The clauses for Finance Bill 2017, published Monday 20th March, details the new rules for how the intermediaries legislation (IR35) will be determined for public sector contractors and freelancers working through a personal service company (PSC). The new rules come into effect on 6th April 2017 and affect payments made on or after that date.