The Best Company Cars of 2019

When buying a company car, it’s very easy to only look at the initial cost of the vehicle. However, HMRC applies a Benefit-in-Kind (BiK) tax to company vehicles that are also used privately, based on their emissions output. The reason…

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Another Loss for HMRC – BBC & Loose Women star Kaye Adams wins in IR35 case

Written by Maggie Lawson, Head of Finance at ICS HMRC have been defeated in yet another high profile IR35 case, at the cost of the taxpayer, bringing the total lost cases to five out of the six IR35 cases that…

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IR35 – Off Payroll Working in the Private Sector

What has changed? Until April 2020 it is the contractor’s responsibility to determine whether they are operating inside (also known as caught by) IR35 or outside IR35. If the contractor makes the wrong determination then their personal service company is…

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ICS Accounting Handpicked as a Leading UK Accountancy Firm

We are proud to announce that ICS Accounting has been added to Handpicked Accountants, marking us as one of the top UK accountancy firms. As a specialist SME and contractor accountancy provider, we are always looking for new ways to…

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