Although we are waiting for the new government to give us clarity on whether the off-payroll reforms will come into effect from 6thApril 2020, it is important to understand what things need to be considered when the decision is confirmed.
English TV presenter and journalist Helen Fospero, has become the ninth broadcaster to claim victory over HMRC at the first tier tribunal.
Operating through a limited company structure is usually the best way, for a self-employed individual, contractor or entrepreneur to legitimately and compliantly maximise your tax efficiency. This is because you can take remuneration through an efficient mix of salary and dividends and claim a wide range of legitimate business expenses.
Here are some top tips that could help you save tax either through your company or personally through your self-assessment
A month on from the end of the Government’s formal consultation on proposed changes to off-payroll in the private sector, and its time to consider the proposed changes, how these will affect you as a […]
There are numerous rules and limitations when contracting. However, one of the more important rules all contractors need to be aware of is the “24 Month Rule” when claiming expenses. What is the 24 month rule? As […]
The next high-profile TV presenter that HMRC has its focus on over their IR35 status is Eamonn Holmes. His company, Red White and Green Ltd has been awaiting the Court’s ruling over whether he has […]
All things come to an end eventually and contracting is no exception. Whether it was your decision or not, you might eventually decide to close down your company and move on to new projects. If […]
Let’s face it, retirement planning isn’t the sexiest subject in the world and for a lot of people, it’s perceived as something that isn’t a priority in their life right now. However, pension planning is […]