As changes to off-payroll in the private sector get closer, umbrella companies are being discussed more than ever. To help the supply chain of temporary workers understand umbrella companies and how they operate, the Low Incomes Tax Reform Group (LITRG), part of the Chartered Institute of Taxation (CIOT), has released an impressive 149-page technical report on umbrella companies. The report…
Effective from the 1st March 2021, you must use the domestic VAT reverse charge for most supplies of building and construction services. Continue reading to discover everything you need to know about the VAT domestic reverse charge.
If you’re inside IR35, you may explore the option of using an umbrella company for your payroll. Registering with an umbrella company is straightforward, and you can be set up and ready to get paid in under 15 minutes. Continue reading to discover the five simple steps to take to register with an umbrella company.
Chancellor Rishi Sunak has unveiled a three-part plan for the economy, including protecting jobs and businesses, rebuilding the economy and recouping public finances. Continue reading to discover the Chancellor’s key announcements delivered in the 2021 Budget.
The Loose Women host was facing an estimated £124,000 tax bill for contracts held with the BBC between 2015 and 2017, with HMRC arguing that Adams was not a freelancer and should have been operating inside IR35. However, the Upper Tier Tribunal upheld the original decision, made by the First-Tier Tribunal in 2019, which found Adams to be working outside…
