Postponement of IR35 due to the Covid-19 Outbreak

Last night, Chief Secretary to the Treasury, Stephen Barclay, made the unprecedented announcement that the upcoming changes to IR35 in the private sector will be postponed until April 2021. This is in response to the global Covid-19 outbreak and the…

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Outlandish Self-Assessment Claims & Excuses

Each year self-assessment season strikes dread into the hearts of contractors and company directors across the country. For most, it is a laborious job compiling all the relevant information and liaising with your accountant to ensure an accurate submission. However,…

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Reverse Charge for VAT Delayed Until 2020

  Earlier in the year, we told you all about a new measure by HMRC relating to the reverse charge of VAT for building and construction services that was due to come into effect on 1 October 2019. It was…

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IR35 – Key Points from HMRC’s Draft Finance Bill

On the 11th July HMRC released their Draft Finance Bill outlining the implementation of IR35 in the private sector. We’ve run through the key points below.   What we know from the draft legislation:   The changes will come into…

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HMRC IR35 – Draft Finance Bill July 2019

HMRC have released the draft Finance Bill 2020 which includes amendments to the off-payroll working rules which are due to come into force from April 2020.  The draft Finance Bill includes amendments to the Income Tax (Earnings and Pensions) Act…

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