Monthly Archives: November 2018

Agent Services Accounts

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Making Tax Digital for VAT is set to come into force in April 2019. By that time agents will have to have set up Agent Services Accounts. These accounts are what agents will use to access the new online HMRC services that have been developed as part of the MTD programme. In April 2019, ASA will become the portal through… Read more »

VAT repayment proposal on late refunds unfair

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HMRC has announced a proposal to abolish compensation for any delays to VAT refund payments. The move has been called unfair by a chartered body who warned that the move was likely to damage the cashflow of businesses. At present if a firm presents a VAT return to HMRC and the HMRC officials do not process it within 30 days… Read more »

Pressure mounts on government over IR35

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Contractors are increasingly worried about working inside IR35, but it appears that no-one is heeding the call for contractors to be given employment rights. A recent survey by Qdos Contractor showed that 86 percent of those independent workers who took part in the survey wanted employment rights if they were working inside IR35. Many contractors feel that if they are… Read more »

Double whammy against self-employed

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The government is reneging on its pledge to abolish Class 2 NICs and it also looks likely that the government will axe its flagship New Enterprise Allowance scheme (NEA). Self-employed groups have criticised the decision as a betrayal and say that the move proves that the government does not support the self-employed. It was in the 2015 Summer Budget that… Read more »

Self-Employed encouraged to sign petition

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Consultants, freelancers, contractors and others who are self-employed are all being encouraged to sign a petition to prevent ‘irrevocable damage to their flexible working arrangements and to protect their rights.’ This petition is the brainchild of ContractorCalculator and is devised to aid government to be reasonable and abandon the Off-Payroll working tax that it is arranging to introduce into the… Read more »