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
autumn statement Articles
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).
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”.
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).
The Chancellor, George Osborne, will tomorrow (Wednesday 3rd December 2014) deliver his annual Autumn Statement.
The Chancellor of the Exchequer, George Osborne, will today at 12.30pm make his Autumn Statement.
He is expected to say there is no miracle cure to the UK's current economic issues. The chancellor will set out how he plans to reduce the deficit by cutting costs and increasing income.