To give a little back, HMRC allows a tax exemption to Limited Companies for each employee up to the cost of £150 towards the expense of attending an annual work event or events. This applies to all Limited Companies – small or large.
Further to publication of the Onshore Intermediaries Legislation and proposed reporting requirements in early 2014, there appears to be possible confusion amongst some of the Recruitment community with regards to the risks associated with their workers using PSC’s (Limited Companies) as their payment supply models.
On the move constantly, no specific desk for more than a couple of months let alone office space. Every contractor needs to have the gadgets to match the way the working life they carry out therefore, we have chosen a few we think could benefit most of you on-the-go individuals in order to add to your Christmas list;
Russell K. Lewis : “Ultimately using an Umbrella Company did not maximise my take home pay which is why I chose to move to a Limited Company option”
Contractor News: UK’s first self-employed ambassador announced & Maternity pay for self-employed mothers
Following the celebration of National Freelancer Day on Wednesday 19th November earlier this month, the Government announced the appointment of David Morris MP as the UK’s first ambassador for the self-employed community. Mr Morris will be the go-to man for freelancers and contractors throughout the UK, which can only mean good news for this ever-growing workforce.