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.
MTD represents 'the single most significant change to the UK’s system of taxation in recent times', says Knill James partner Nick Rawson. So, how prepared are SMEs for digital tax reporting?
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer
The SME community voices concern about the chancellor's measures in the Spring Budget
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals