Lib Dems and Tories Make Self-Employed Tax Pledges IR35
Editor | 21 November 2019
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The Liberal Democrats have become the first political party to make a firm commitment to contractors ahead of the December election.

After seeing a preview of the Lib Dem manifesto, IPSE said that it included a number of policies designed to help self-employed workers, including a promise to review IR35 changes due to take effect next year.

Congratulations to Sarah McClean on winning the Umbrella Group Employee of the Month Award
Editor | 6 November 2019
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We are delighted to announce that Sarah McClean, Insolvency Administrator, has won the Umbrella Group October Employee of the Month Award!

“Since starting with the firm in June 2017, Sarah has always demonstrated a strong work ethic and is a dependable member of the team always prepared to go the “extra mile” for the customer, whatever the scenario. Well done Sarah, a well-deserved award!” Tom Fox, Head of Umbrella Insolvency.

How to Close Your PSC if You’re Affected by the Banking Contractor Ban
Editor | 20 November 2019
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Some of the nation’s largest banks are forcing personal service company (PSC) contractors to go on the payroll, a move that will leave many with dormant limited companies. Here’s how you could close your PSC in a tax efficient manner if you’re affected by the banking sector contractor ban.

Under reforms to off-payroll working legislation, large organisations will be made responsible for judging a PSC contractor’s IR35 status from 6th April 2020.

IR35 Decision Delay After Budget Cancelled
Editor | 4 November 2019
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The government has scrapped plans to hold a budget in November after MPs voted for a general election in December.

The delay creates more uncertainty about whether planned IR35 reforms will take effect in April 2020.

The Treasury has confirmed that the December 12 election will mean that chancellor Sajid Javid will not deliver a budget that was scheduled for November 6.