Budget 2020: What does it mean for the Self-Employed?

EDIT: In the week following the budget, the chief secretary to the Treasury, Stephen Barclay, announced IR35 will be postponed until April 2021 to mitigate the risk Covid-19 presents to contractors and small business owners across the UK. In his…

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The Best Electric Company Cars for 2020

2020 is set to be an interesting year in the UK, even when it comes to buying a new company car! HMRC have announced that from 6th April 2020, drivers choosing a pure electric vehicle will pay no benefit-in-kind tax…

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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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Tax Fact Card 2019/20

Our updated tax fact card for the 2019/20 tax year is now available to download, simply follow the link below: Download 2019/20 Tax Fact Card For a printed copy, please contact your accountant or email marketing@icsuk.com to request yours and we’ll…

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