Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
07 January 2020
Implementation of IR35 legislation for the private sector remains on trackFrom April this year changes to off-payroll working rules, known as IR35, come into force for the private sector. The obligation of determining whether a contractor meets HMRC’s definition of self-employment will now fall to the employer.
07 January 2020
Updates to the Loan Charge sees a more responsible approachThe government has recently announced updates to the controversial loan charge tax following Sir Amyas Morse’s recommendations. Finding that large sums requested were not affordable and putting people into financial distress, a revised approach is being taken.
06 January 2020
Tribunal declares digital newspaper subscriptions to be VAT zero-ratedIn a decision released on Christmas Eve, the Upper Tax Tribunal provided an early Christmas present for the newspaper industry by confirming that digital editions of The Times, Sunday Times and The Sun qualified for the same VAT zero-rate as paper editions.
06 January 2020
Do you know your IR35 status and what to do next?Following on from the 2017 off-payroll reforms in the public sector, workers in the private sector who provide their services via limited companies might be wondering what the future holds after April 2020 – the date on which proposed changes to IR35 for private sector workers come into effect.
03 January 2020
Market Commentary December 2019Investors welcomed a conclusive General Election result and news that a US/China trade deal was agreed in principle, due to be signed in January.
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