News

Answers to ‘How often can a limited company contractor pay dividends?’ plus IR35, and ‘disguised salary’ considerations.
A seemingly out-of-the-blue government pledge to “support the self-employed” is something we think all UK contractors can get behind, even if it’s been sounded mainly about Britain’s creative ...
A dividend represents a portion of a company's post-tax profits that is distributed to its shareholder (s). Dividends may only be issued if the business has generated sufficient retained profits.
Keeping ‘business’ separate from ‘personal’ is among the main points of the darts pro who’s been disqualified.
Recruiters (or the end client, should there be no staffing business in the chain) will be on the radar of HMRC if there are more significant issues, such as those related to ongoing contractual ...
A rethink by end-hirers on how to structure and allocate resources bodes well for IT contractors, says staffing giant Robert Half.
The IT contractor jobs market climbs to an 18-month high, thanks to heftier employment costs and projects getting ‘cautious green lights.’ ...
What steps umbrella employees should take to prepare for the new ‘JSL’ legislation (includes some urgent actions if you’re using a tax avoidance scheme).
Umbrellas get to retain their ERN and continue PAYE operations, while recruiters still ‘bear the brunt,’ under an updated version of HMRC’s incoming legislation.
If a contractor disagrees with an IR35 determination that classifies them as "inside IR35," what do they do? This happened recently to a contractor who was classified by the NHS as inside IR35 and has ...
Ex-Liverpool footballer and manager Phil Thompson appealed to the Upper Tier Tribunal against the decision handed down in December 2023 by the First Tier Tax Tribunal, which held that Thompson’s ...
Limited company contractors who HMRC suspects of breaching the £1m Business Asset Disposal Relief limit are being braced by officials. HMRC told the contractors, in writing, that they went over the ...