Call for clarity on off-payroll extension

Contractors, and businesses or agencies that engage them, need greater clarity before IR35 rules extend to the private sector next spring. From April 2020, the off-payroll rules which already apply to contractors engaged in the public sector will be extended to the...

HMRC reveals pension allowance breaches

The amount of savers who were taxed for exceeding the pensions annual allowance in 2017/18 is on the increase. Figures published by HMRC showed that 26,550 people had pension contributions that exceeded the £40,000 annual allowance last year - up from 18,500 in...

SMEs report boost from expert advice

Hiring professional advisers to help a business has overwhelmingly positive effects, according to research. Opinium polled 504 small business owners on behalf of Direct Line for Business and found that 95% were pleased with their decision to seek expert advice. Almost...

Self-assessment: have you registered?

The Office for National Statistics estimated that more than 160,000 people became self-employed last year. Most of those will need to file a tax return for 2018/19 and the deadline to register for self-assessment is rapidly approaching - on 5 October 2019. If you...

Campaign builds for business rates reform

A campaign for revamping the UK's business rates system in England and Wales is gathering momentum ahead of a potential Budget date this autumn. Business leaders from more than 50 companies recently wrote to new Chancellor Sajid Javid with their collective...