Tens of thousands of contractors could be hit for tax on travel expenses
after the government announced it was looking at the relief available to workers
operating in umbrella companies.
Many temporary workers moved into umbrella company structures after the
government effectively killed off managed service companies due to concerns over
Anne Redston, visiting professor at Kings College London, said the ‘writing
is on the wall’ for umbrella companies as the government announced in its Budget
notes that it was considering action against the structures.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group