News and Articles on Tax tag

Deadline day penalties: a subjective approach January 31st is a date that every self- employed individual has in their diary. As discussed on Taxes UK, the deadline for returning self- assessments to HMRC is often missed by a large number of people. This year it is estimated that 890,000 individuals did not return their completed form Article Author: Harry Taylor Comments Read More
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RIP Business Entity Tests The 'IR35' rules which became law in the Finance Act 2000 were designed to prevent the avoidance of tax and national insurance contributions through the use of personal service companies and partnerships. The rules do not stop individuals selling their services through either their own per Article Author: Ian Gillard Comments Read More
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Contractor paid 2500 GBP to HMRC for tax return mess up We were recently doing a survey on SJD and Accessa Umbrella and came across a shocker! Dave Garner MBCS, who seems to be a Project Manager was the one who commented on our question. IT Professionals Forum UK is LinkedIn group with over 2200 members (mostly UK Contractors). Our questi Article Author: Steve Smith Comments Read More
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IR35 IT Contractors And Office Holders IR35 is yet again ‘hot topic’ throughout the contracting community, the recently changed rules and regulations perhaps having a greater effect on limited company professionals than was previously thought. The new IR35 rule ‘could catch many contractors’ is what has Article Author: Smit Shah Comments Read More
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