Many end-clients require contractors to be at least partially on-site, but negotiating some time to work from home (WFH) is entirely feasible. Whether you provide services through an agency or directly to the end-client, it’s important to approach working from home with care.
A tax avoidance scheme is a system that is set up to increase take home pay by avoiding tax, whether that be via offshore loan schemes, trusts, or job boards. HMRC is cracking down on these schemes more than ever and targeting contractors for unpaid tax.
Following the end of the 2018/19 tax year, you are required as director of your own limited company to produce dividend vouchers for all dividends that were declared in the tax year. We explain dividend vouchers and why they’re required by HMRC.
Automated letters can cause stress for contractors when the information given in the letter is incorrect or alluding to a tax payment that is not due. Here we detail what these automated letters can say and how to handle receiving one.
The new tax year for 2019/20 begins on Saturday, 6th April 2019. There are some key changes you need to be aware of that could affect you as a limited company contractor – including a couple of changes that come into effect on the 1st of April.
In a bid to tackle fraud in the construction industry, HMRC will be introducing a domestic reverse charge which will take effect from October 2019. It will mean that the customer will now be liable to account for the VAT in purchases rather than the supplier.
Contractors and freelancers working through a limited company can benefit greatly from taking initiative with their pensions. However, a recent report warns that freelancers are not saving enough for their retirement.
Over 93% of those required to file a 2017/18 self-assessment to HMRC did so by 11:59 pm on 31st January. However over 700,000 taxpayers missed the deadline. Here are the latest statistics on self-assessments and what to do if you missed the deadline.
HMRC has published a list of the strangest excuses for taxpayers not submitting their self-assessment tax returns on time. Remember, the deadline for filing is midnight on 31st January 2019.
It’s the largest update to workplace rights in a generation. Under the new legislation, workers will get details of their rights from the first day of a new job, including eligibility for sick leave and paid holiday.