Today George Osborne MP delivered the second Budget of 2015. The Chancellor said that ‘economic security’ is at heart of the Budget and will raise £5bn from tax evasion/avoidance measures including, ominously, an intention to target directors who are the sole employee of their company. Once again personal service companies, i.e. limited company contractors, are […]
Summer Budget 2015 Read More »
Today the Chancellor of the Exchequer, Mr George Osborne MP, announced the 2015 Budget. As widely expected the Chancellor did not announce any plans to amend or repeal IR35. However, a series of anti-avoidance measures were announced which are of relevance to limited company contractors, especially those who claim tax relief on travel and subsistence.
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