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 […]
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.
10/6/15 In our inaugural HR newsletter we will focus on the various types of recruitment solutions available to HR professionals. This guide is intended to provide a brief overview and is not a substitute for legal advice. References to ‘client’ means an organisation, as represented by its HR function, which has instructed either an employment
Today, 17/7/15, the Treasury published the Intermediaries Legislation (IR35): discussion document following the Budget of 8/7/15. The discussion document is remarkably scant on detail of the Treasury’s own ideas on reforming the operation of the IR35 legislation so we’ll help. We do not accept that the law creates excessive grey areas or is over-complex. The common threads
In the Budget of 8/7/15 the Chancellor announced a consultation on tax relief for travel and subsistence which has been published here. The proposal to remove tax relief for travelling costs for limited company contractors and umbrella workers will only affect those ‘subject to (or to the right of) the supervision, direction or control of any