If you are currently using an umbrella company you may want to look at the below link, this is one of the reasons Genius Money decided not to offer this service along with any other avoidance scheme.
LATEST SIMILAR NEWS
IR35 POLL RESULT – CONTRACTORS WILL DUMP CLIENTS ISSUING PSC BLANKET BANS
Posted on: 16 Jan 2020 at 11:20:01
IR35 Poll ResultThe ITContractor.com IR35 poll result shows that a vast majority of UK contractors plan to dump their clients if the client issues a blanket ban on contractors who use personal service companies.If this happens then the Government massive gamble that they would meekly accept the IR35...
HMRC PENALISED DIRECTOR INSTEAD OF COMPANY
Posted on: 13 Jan 2020 at 09:52:10
The first tier tribunal overturned the late filing penalties of a sole director for three reasons: the wrong taxpayer was named, HMRC misapplied the law, and she had a reasonable excuse.Angela Salazar [TC07398] was the sole director of Spanish and Coffee Limited (S&C Ltd) which contained a langu...
IR35 REVIEW: APSCO RESPONDS
Posted on: 08 Jan 2020 at 14:24:54
Following news that the Government has launched an eleventh-hour review of changes to off-payroll working rules in a move ‘to address any concerns from businesses and affected individuals about how they will be implemented’, APSCo has warned of the further confusion this could create. ...
IR35 – LET'S HOLD POLITICIANS TO ACCOUNT
Posted on: 12 Dec 2019 at 15:49:56
Delaying changes to IR35 in the private sector is a key message in the REC’s manifesto ‘Making Great Work Happen’. In our discussions with politicians we have consistently campaigned for a delay to make sure legislation is improved and not rushed through. Whilst at this stage preparations by busines...
IPSE: END OF BARCLAYS CONTRACTING IS “A TASTE OF THE IR35 CHAOS TO COME”
Posted on: 11 Oct 2019 at 13:05:46
Barclays’s announcement that it is calling time on off-payroll contracting is a sign of the damage the changes to IR35 will do, IPSE (the Association of Independent Professionals and the Self-Employed) has warned.The statement comes after Barclays announced it is ending off-payroll working entirely...
IR35 CHANGES: WHAT YOU NEED TO KNOW
Posted on: 08 Oct 2019 at 14:36:17
The eagerly awaited IR35 off-payroll draft legislation was published by the UK Government in mid-July, extending the public sector IR35 changes to large and medium-sized businesses in the private sector.Despite speculation, the draft legislation unfortunately keeps the government on course for imple...