News

Chancellor Kwasi Kwarteng has today released details of the ‘mini-budget’, which he claims are the biggest tax cuts in a generation.

Business Secretary, Jacob Rees-Mogg has announced an energy bill relief scheme for businesses. This relief scheme will see energy bills for UK businesses cut by around half their predicted level this winter.

The modern business marketplace offers increased diversification and opportunities to move away from ‘traditional’ models of employment, contracting, and business. Therefore, an essential consideration for many contractors should be which business structure would benefit them more and which can they work as their own limited company or through an umbrella solution?

Making Tax Digital, also known as MTD, is one of the most significant changes to the UK tax system in recent times. With paper records already non-compliant for a growing number of businesses, this critical legislation could already be affecting you.

Are you and your business prepared for IR35? Confused? Worried? One thing you absolutely cannot afford to do is stick your head in the sand and hope it will go away: it won’t.