The Government have issued the results of a survey into ‘Pay Between Assignments’ (PBA) with is often known as the ‘Swedish Derogation’.

Finally the UK’s growing army of freelancers and contractors will have a presence at the heart of Government. At least, that is the vision behind the role of MP David Morris. The Conservative MP for Morecambe and Lunsdale has job of ‘tsar’, or ‘ambassador’, to the UK Government on behalf of some 4.5million independent UK workers.

If you are self-employed or a sole trader it is important that you keep a record of all your business income and expenses in order that you can complete your annual tax return. You also need to keep a record of other income you receive i.e. bank interest, dividends etc.

Umbrella’s response to the Chancellor’s Autumn Statement

The 2014 Chancellor’s Autumn Statement has caused quite a stir amongst umbrella companies following the inclusion of the following paragraphs within the Autumn Statement’s main documents

Today, 3rd December 2014, the Chancellor George Osborne delivered his Autumn Statement (#AS2014).

There have been a number of scare mongering stories that the days of Umbrella Companies are numbered following the inclusion on 10th December 2014 of the following statement in the Finance Bill

Editor | 9 December 2014
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Like it or lump it, it’s hard to ignore it. That’s right folks; Christmas is just around the corner. What does that mean? Well, apart from parties, mince pies, hangovers and jumpers covered in reindeer, its time for a quick reflection on the year coming to a close.

As previously reported, the Chancellor as part of his Autumn Statement, has stated there will be a discussion opened regarding the Government’s concern that “some temporary workers to benefit from tax relief for home to-work travel expenses that is not generally available to other workers”.

Editor | 4 December 2014
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Yesterday as part of the Chancellor’s Autumn Statement a loophole involving transferring the goodwill of the business of an LLP (Limited Liability Partnership) into a Limited Company with the same controlling persons has been closed with immediate effect (3rd December 2014).

Editor | 3 December 2014
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For some time now – well, at least over the last few months – the UK’s burgeoning contracting and freelancing community have been receiving platitudes. ‘Britain is the freelance capital of Europe’, they say, with the ‘most mobile and resilient workforce out there’, they say.

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