Many freelancers will ‘test the water’ by doing some freelance work around their permanent job before moving to self-employment. But what are the tax implications of freelancing on the side?
‘Off-payroll working in the private sector’ is fast approaching and as a recruitment agency you should have a strategy in place to minimise its impact on the business, consultants and your candidates. As a compliant and well-established umbrella company, Churchill Knight Umbrella has made it our priority to educate and give recruitment professionals the tools to safeguard their agency.
If you are a non-UK resident or expat and want to spend some time living and working in the UK, contract work could be the way to achieve your goals.
Important changes are coming into effect which means second home owners and buy-to-let landlords may be subject to capital gains tax payments sooner than anticipated. The legislation will be introduced in the Finance Bill 2019-20 and would be effective from April 2020.