Making a capital gain is usually great news – paying tax on it isn’t! So here are some tax planning tips to help you reduce your Capital Gains Tax (CGT) bill.
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A new report, published by the Adam Smith Institute (ASI), calls on the Government to scrap Employers’ National Insurance contributions entirely.
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The Treasury’s much-hyped clampdown on ‘tax avoidance’ might not end up being as effective as officials originally planned, with so many experienced HMRC investigators likely to retire over the next five years.
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The latest private sector business statistics have been released by the Department of BIS. There are a record 4.8m private enterprises operating in the UK, of which around 27% are private limited companies.
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A new report into ‘independent professionals’ (I-Pros) working in Europe shows that the number of European freelancers has grown by over 80% since 2000.
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Alastair Campbell has been announced as the keynote speaker at the upcoming National Freelancers Day event, to be held in Central London on 21st November.
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The Registrar of Companies has launched a new mobile app to allow users to search its database of over 2.7 million live companies, and view historical formations data.
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In this article, we look at how contractors and freelancers can plan in advance to keep their assets safe from Inheritance Tax.
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The press coverage of the current outcry over public sector figures working via their own personal service companies has resulted in many inaccurate tax claims being made by the media.
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The Public Accounts Committee has released a report into the use of ‘off payroll’ payment procedures in the public sector organisations, and criticises both the Government and HMRC over the widespread use of personal limited companies by public sector workers.
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Data obtained via a Freedom of Information request shows that the number of IR35 investigations has risen markedly over the past two years, as HMRC steps up its anti tax-avoidance activity.
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Following the implementation of new ‘off payroll’ remuneration rules by public sector bodies, a leading provider of IR35 solutions (Qdos) has created a public sector contractor package which includes contract reviews and a certification pack to demonstrate compliance with the new requirements.
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An innovative finance company has launched a new service which allows contractors and freelancers to free up the value of their outstanding invoices – offering an alternative to traditional bank lending.
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Implemented on 1st October 2011, the Agency Workers Regulations were put in place to provide more equal rights to temporary workers after working on an assignment for 12 weeks or more.
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The business secretary has laid out the Government’s plans to create a small business bank to provide longer term finance to UK companies which is currently hard to access from the risk-adverse high street banks.
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The Chancellor will deliver his ‘Autumn Statement’ (previously known as the ‘Pre-Budget Report’) on 5th December 2012.
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With a new report suggesting that most small companies believe that social media is too time consuming to fully embrace, would your limited company benefit from investing time in social networking?
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If you operate a PAYE (Pay-as-you-earn) scheme via your limited company, you should be aware of upcoming changes to the way your communicate payroll data to HMRC from April 2013.
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In a speech delivered to an audience at Imperial College this week, Vince Cable outlined his plans to create a Government-backed business bank. However, many commentators appear to be underwhelmed by the proposals.
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