LATEST NEWS
Genius Money, keeping you up-to-date with all the latest news. You will find articles on all the latest regulatory developments, industry-related updates, financial & payroll related news and much much more...
IMPORTANT ANNOUNCEMENT
CONSTRUCTION WORKER WINS IR35 TAX APPEAL AS COURT FINDS HE WAS NOT ‘TREATED AS AN EMPLOYEE’
Posted: 24th January 2020
A contractor in the construction industry has successfully appealed an HMRC ruling that he was an employee, after a first-tier tribunal foun...
IMPORTANT ANNOUNCEMENT
STATUTORY PAYMENTS WELCOME A NEW ELEMENT OF PAY AND LEAVE
Posted: 23rd January 2020
Samantha Mann looks at the subject of parental bereavement, a new statutory period of leave and pay that is due to go live from April 2020.22nd J...
IMPORTANT ANNOUNCEMENT
COALITION OF RECRUITERS ASK CHANCELLOR TO PUSH BACK IR35 TO 2021
Posted: 22nd January 2020
A joint letter from the Recruitment and Employment Confederation (REC) and 14 UK recruiters has been sent to Sajid Javid stating that the limited revi...
PAYROLL NEWS
IR35 POLL RESULT – CONTRACTORS WILL DUMP CLIENTS ISSUING PSC BLANKET BANS
Posted: 16th January 2020
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 b...
IMPORTANT ANNOUNCEMENT
OFF-PAYROLL WORKING RULES FROM APRIL 2020: FACTSHEET UPDATE
Posted: 13th January 2020
The HMRC have released an update to the off payroll working rules.
To increase compliance with the existing off-payroll working rules (IR35), medium a...
IMPORTANT ANNOUNCEMENT
NO COMPANY CAR TAX ON ELECTRIC VEHICLES, SAYS GOVERNMENT
Posted: 13th January 2020
The Government says that company car drivers choosing a pure electric vehicle will pay no benefit-in-kind (BIK) tax in 2020/21.In its long-awaited res...
PAYROLL NEWS
HMRC PENALISED DIRECTOR INSTEAD OF COMPANY
Posted: 13th January 2020
The first tier tribunal overturned the late filing penalties of a sole director for three reasons: the wrong taxpayer was named, HMRC misapplied the l...
NEWS
CONSTRUCTION TURNS TO TEMPS TO RIDE OUT UNCERTAINTY
Posted: 13th January 2020
An analysis of construction employment trends indicates that companies are looking to recruit fewer permanent staff and make do instead with more temp...
IMPORTANT ANNOUNCEMENT
PETITION TO ABOLISH IR35 AND HALT IR35 REFORMS DUE IN APRIL 2020
Posted: 9th January 2020
Everyone is moaning about IR35 and Off-Payroll Working regs, but how many people are going out of their way to help bring attention to potentially he...
NEWS
APPLE'S APP STORE JUST BROUGHT IN A WHOPPING $1.42 BILLION IN ONE WEEK, SETTING A NEW RECORD
Posted: 8th January 2020
Sales are booming across Apple's App Store, which set records for single-week and single-day sales over the holidays, the company announced ...
PAYROLL NEWS
IR35 REVIEW: APSCO RESPONDS
Posted: 8th January 2020
Following news that the Government has launched an eleventh-hour review of changes to off-payroll working rules in a move ‘to address ...
IMPORTANT ANNOUNCEMENT
OFF-PAYROLL REVIEW LAUNCHED
Posted: 7th January 2020
The Government is launching a review of changes to off-payroll working rules today.Jesse Norman, the Financial Secretary to the Treasury, said: "The p...
