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Spring Statement Update And Contractor Specific Tax Tables For Financial Year 2018/19

Spring Statement Update And Contractor Specific Tax Tables For Financial Year 2018/19

by Wijay Kanagasundaram | Mar 15, 2018 | Tax

No Red suitcase, no smiling for the camera and no pageantry in yesterday’s spring statement from the chancellor, Philip Hammond. There were quite a few news articles circulated online suggesting Chancellor might be extending Public sector IR35 reforms to private...
WHY WOULD YOUR SELF-ASSESMENT RETURN WOULD BE DIFFERENT FROM 2016/17 ONWARDS?

WHY WOULD YOUR SELF-ASSESMENT RETURN WOULD BE DIFFERENT FROM 2016/17 ONWARDS?

by Wijay Kanagasundaram | Feb 7, 2018 | Government announcements, HMRC, Personal finances, Self Assesment, Tax

The Self-Assessment return for 2016/17 will be the very first return with Dividend Tax. Dividend tax was introduced by former Chancellor to Exchequer George Osborne in Budget 2016. Key changes from 6th April 2016 are, The Dividend Tax (10%) Credit will be abolished...
Public Sector IR35 Changes: What you need to know?

Public Sector IR35 Changes: What you need to know?

by Wijay Kanagasundaram | Mar 14, 2017 | HMRC, IR35, Tax

You may be already aware of the changes to the implementation of IR35 legislation which take effect on 6th April 2017 for the contractors working for Public Sector clients. (This does not impact contractors working for Private sector clients) We are writing to give an...
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