Unemployment reaches lowest rate since 1970s
Editor | 26 September 2022
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Britain’s unemployment rate reached 3.6% in the three months to July 2022. This figure was down 0.2 percentage points on the previous quarter and represents the lowest rate since 1974.

Union to take on Deliveroo over riders’ employment status
Editor | 16 September 2022
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The Independent Workers’ Union of Great Britain (IWGB) will take on food delivery giant Deliveroo in the Supreme Court in an attempt to secure better employment rights for the company’s riders.

The court case will centre on the employment status of Deliveroo riders and the employment status they’re entitled to.https://deliveroo.co.uk/

Nine-in-ten contractors don’t believe new PM’s IR35 promise
Editor | 6 September 2022
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More than nine out of every ten contractors (94%) think Liz Truss’s pledge to review IR35 is an ‘empty promise’, according to a survey by Qdos.

New Chancellor Drops IR35 Bombshell in Government Mini-Budget
Editor | 23 September 2022
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Liz Truss’ new Chancellor Kwasi Kwarteng dropped an IR35 bombshell today, announcing he would reverse off-payroll (IR35) reforms in the Public and Private sectors from April 2023.

The significant, and generally unexpected announcement means it will be up to individual contractors to decide whether they are inside or outside IR35, with no input from their clients.

Kwarteng said reversing the reforms is aimed at taking complexity out of the tax system.

HMRC’s fresh crackdown on tax avoidance schemes

Her Majesty’s Revenue and Customs (HMRC) has brought fresh impetus to its crackdown on tax avoidance schemes, issuing a £1 million fine for one promoter and ‘naming and shaming’ four additional schemes.

Hyrax Resourcing Ltd received a £1 million fine for promoting a tax avoidance scheme that paid contractors through loans rather than taxable income.

Tax warning: Stockport and Liverpool firms named by HMRC

HMRC has added three more companies to its list of ‘named tax avoidance schemes, promoters, enablers and suppliers’ and two of them have offices in the North West of England.