Contractors fear private sector not ready for IR35

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Most contractors have little confidence that the private sector is prepared for the IR35 changes which will come into force in April 2020. The changes, commonly known as the off-payroll rules, were introduced into the public sector in 2017 and it was in the 2018 Budget that government made known its intention to extend the changes to the private sector…. Read more »

HMRC loses £100K IR35 enquiry

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HMRC has lost a £100,000 IR35 enquiry in yet another example of its shambolic approach to compliance. While many contractors are worrying about the introduction of the IR35 rules into the private sector, they may not have been paying much attention to what HMRC has been doing. However, Qdos has revealed another case of a needless IR35 enquiry, lack of… Read more »

Brexit consequences for tradespeople

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The construction industry is one of the sectors of the economy that will be directly affected by the continuing uncertainty over Brexit. The construction sector is also one that employs many self-employed tradespeople. As the arguments rage over what type of Brexit would be acceptable, some things are now known and generally accepted as fact. The construction industry is unusual… Read more »

HMRC used disguised remuneration contractors

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Three months after HMRC refused to confirm whether it used contractors who used a disguised remuneration scheme, it has been revealed that they did. This revelation did not come from HMRC, but from the former HMRC contractors who admitted that whilst they were working for the organization, they did use such schemes. The contractors, who are facing penalties from HMRC… Read more »

HMRC to relax EU imports in no-deal Brexit

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HMRC has said that it will relax the border for EU imports in the first year if the UK leaves the EU without a deal. This is in a bid to avoid the anticipated congestion at ports. HMRC has written a letter to 145,000 businesses registered for VAT assuring them that goods that come from the EU will pass through… Read more »

Will IR35 reform stifle contracting

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The government has confirmed that April 2020 will see the introduction of the IR35 reform into the private sector. What effect will this have on contracting? There are some commentators who believe that if further IR35 changes are introduced which restrict the flexibility of the labour market, then the choice of working as an independent will be under threat. Many… Read more »

No-deal Brexit threat to contractors

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According to an industry expert, if the UK crashes out of the EU with no-deal, it will not only put in jeopardy all those contractors who are currently working in the EU, but also those contractors who work at home in the UK. As the Prime Minister’s deal was rejected decisively by Parliament, a no-deal Brexit is drawing ever closer… Read more »

Off-Payroll small company’s exemption fraught with difficulty

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Whilst it might sound like a good idea, HMRC’s proposals to include a small business exemption from the Off-Payroll rules if IR35 is introduced into the private sector, would simply add further complications whilst encouraging companies to try to circumvent the legislation. Chris James, head of accounting at JSA Group, says that how the government defines a small business isn’t… Read more »

Government forced to concede Loan Charge review

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A cross-party group of MPs has forced the government to agree to a review of the Loan Charge. Conservative Whips attempted to coerce MPs into line, but despite their efforts many backbenchers made it clear that they intended to support a call for a review of the Loan Charge. The DUP also supported the call for a review, leaving the… Read more »

Hard Brexit – specify VAT or delay MTD

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A chartered tax body has said that the current guidance on VAT, should the UK crash out of the EU, is so lax that it justifies delaying Making Tax Digital. This, according to the body, is the most pressing problem for MTD, which is set to start just as the UK would come out of the EU. In addition, many… Read more »