23rd November 2017 14:56 pm
Top points for contractors to focus on from this year’s Autumn Statement; 1. IR35 and the Private Sector It’s a lot to digest but the first point refers to the IR35 reforms that were rolled out to the public sector at the start of the tax year 2017/18. There was…
13th July 2017 12:36 pm
The Association of Taxation Technicians (ATT) has asked HMRC to soften its proposed penalties for late quarterly submissions and payments made through the Making Tax Digital (MTD) system. MTD will be rolled out beginning on the 6th of April 2018 HMRC held a consultation on proposals for sanctions under MTD.…
9th June 2017 11:31 am
Tax professionals know MTD (Making Tax Digital) inside out. This is because it has been part of their daily conversations and their concerns for some time. As the General Election fast approaches, some accountants have questioned whether MTD has been mentioned in any of the manifestos. This is due to…
30th May 2017 11:47 am
It has been brought to light that HMRC call centre staff have been giving out incorrect advice. This solidifies the claim by many tax professionals that the current tax and employment legislation is too complex. The latest evidence has come from public sector contractors operating through their own limited companies.…
8th May 2017 11:24 am
Accountants have been quick to react to Theresa May’s call for a snap General Election. This post covers five aspects of the economy that could be affected. 1. Making Tax Digital The progress towards MTD has already suffered a number of setbacks and tax professionals say the election will only…
