2014 has been and gone, and Europe’s digital economy has been reviewed. Things make interesting, if not exactly great reading for the UK. Although Great Britain is Europe’s sixth best digital performer, it is still out-performed by the likes of Denmark, Finland and Belgium.
Editor | 5 March 2015
/ / / /Editor | 3 March 2015
/ / / / / / / /Why Introduced:
So HMRC can tackle Employment Intermediaries that use false self-employment and offshore locations to reduce taxes and avoid employment rights.
HMRC want to know amounts paid to workers supplied by the Employment Intermediary where PAYE has not been deducted.
Editor | 27 February 2015
/ / / / /The timing of the Chancellor’s announcement regarding the review of Employment Intermediaries Tax Relief on Expenses was raised in Parliament yesterday during Business Questions.
Editor | 25 February 2015
/ /HMRC have published a further 70 employers that were found to be in breach of the National Minimum Wage Regulations.
Editor | 23 February 2015
/Good news for married couples and qualifying Civil Partnerships is that from 6th April 2015 they may be able to claim additional tax relief in respect of their partners unused tax allowance.
Editor | 4 March 2015
/ / / / / /On 3rd March 2015 the Office of Tax Simplification (OTS) issued its report headed “Employment Status Report”. The aim of the report was to tackle the complexities in deciding whether a person was employed or self-employed for tax purposes and the issues on employment rights particularly for the low paid.
Editor | 2 March 2015
/ / / /HMRC have produced a list of Professional membership fees and subscriptions for which tax relief is available. Tax relief is available provided that:
- The organization you pay appears on the HMRC list;
- You pay the cost rather than your employer;
- The fee is not for a lifetime membership; and
- You require membership to do your job or it is helpful to have.
Editor | 26 February 2015
/ /According to a set of much-discussed statistics, just over 4.5million people in the UK were classed as self-employed in 2014. That number is set to grow over the next few years as more of us seek our own working life destinies. One of the obvious attractions for many has been the suggestion – often true – that pay rates for freelancers and contractors outstrip earnings for the permanently employed.
Editor | 24 February 2015
/ / / / /The CBI (Confederation of British Business) who lobby on behalf of British businesses have responded to the HMRC discussion on Employment Intermediaries: Temporary Workers – Relief for Travel and Subsistence Expenses.
Editor | 23 February 2015
/ / / / /Some potentially good news for contractors who operate through their own limited company is that HMRC have relaxed their deadline for Limited Companies (with less than 50 employees) that are adjudged to be late filing their monthly PAYE returns and hence liable for a penalty.
