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New business taxes net HMRC billions

The latest research by the UHY Hacker Young chartered accountancy firm has revealed that additional business taxes imposed by (more…)

IR35 could end up costing contractors £30 million

Contractors in the UK could end up paying HMRC a total of nearly £30 million in tax by the time its investigations under the reformed IR35 system are finished. (more…)

How to pay less tax as a contractor

The Wirral takes enterprise very seriously, as this region of the North West is home to centres for helping start-ups to (more…)

Making Tax Digital – what Birkenhead businesses need to know

The first stage in the Making Tax Digital overhaul of the UK tax system came into effect from (more…)

Will IR35 reforms affect your Birkenhead business?

Having introduced reforms to tighten up IR35 for public sector companies during 2017, the government is (more…)

Late payment fine powers issued

Freelance contractors have long suffered financial costs as a result of late payments, but now the government has finally agreed to steps that could see firms that do not pay on time hit with fines. (more…)

HMRC urged to sort out IR35 tool within next four months

HMRC is being advised to have the adjusted version of CEST, its IR35 tool, up and running by October at the latest to enable businesses in the private sector to be able to cope with April 2020’s IR35 reforms.

The (more…)

Xero profits boosted by Making Tax Digital

Xero, a company that provides software for cloud accounting, has announced a rise of 36% in its profits for the most recent financial year – and it is claiming that the Making Tax Digital changes are partially responsible for (more…)

Slight rise in IT contractor demand during April

Having hit their lowest point in almost three years during March, IT contractor demand levels enjoyed a slight rise last month – although not to the sort of highs they were hitting before.

The REC index of (more…)

Self-assessment tax return mistakes that cost you money

The prospect of the annual self-assessment tax return is a daunting one to many business owners and (more…)

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