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IR35 - So Let’s Use "Control" to Our Advantage
We know (or we should know) that Control is a key element in determining your IR35 status..6 things that may happen if you falsely claim expenses
The row over MP expenses has taken another twist and many MPs are now being told they should pay back claims approved since 2004.PCG exposes the truth of IR35's pitiful tax take
PCG is for the first time able to reveal the exact amount the restrictive IR35 tax regulation rakes in for the Government.Choosing a QROPS
There are hundreds of Qualifying Recognised Overseas Pension Schemes (QROPS) on the list approved by HMRC for the transfer of UK pensionsQROPS Pension Schemes
QROPS article about using an overseas pension transfer to increase investment opportunities , benefit from lower taxes and increased estate planning opportunitiesQROPS Expat Pensions
QROPS step by step guide to transferring your UK pension to an overseas pension scheme. Pros and cons of doing so and things that all investors need to understandBN66 - hope for freelance contractors
Contractors living under the cloud of BN66 have been given support from the Joint Committee on Human Rights (JCHR).IR35 Rules - a 60 second summary
When trying to remain outside IR35, all freelance contractors face the difficulty of determining whether they're working on a 'self employed' or 'employed' basis for tax purposes.How to do your own UK Company Accounts and SAVE £££
Encourage members to exchange views on doing management accounts, annual accounts, calculating taxes, P&L computations and completing forms for HMRC and Companies House.Umbrella companies - another case of HMRC examination?
HMRC's compliance activity team has identified a number of concerns regarding the use of overarching employment contracts by umbrella companies and agencies.New Disclosure Opportunity (NDO) for contractors
The New Disclosure Opportunity (NDO) which was announced by the Chancellor in his Budget of April 2009, kicks in from 1st September 2009 and and will run until 12th March 2010.Wealth Management News, Taxation - Guernsey warns on threats to residents by HMRC
The States of Guernsey has issued a warning to local banks about the UK tax authority’s latest offshore accounts disclosure initiative.What is a managed service company? - contractors listen up
Shortly after the introduction of IR35 in 2000, the managed service company (MSC) model became the newest and most popular payroll method of freelance contractors in the UK.Promoting a level playing field
With the Managed Service Company (MSC) legislation well into its second year of existence, recruitment agencies must remain vigilant....Tax Evasion & Avoidance – It’s a 4 pronged approach
It has been a week since the Chancellor proposed a rise in income tax to 50 per cent for the highest earners and the worry for some contractor and freelance workers ....PCG seeks clarification on new HMRC practices
Freelancers trade body The Professional Contractors Group (PCG) says it is deeply concerned over a strategy by tax inspectors to clamp down on people before they break the law...What’s So Special About 24 Months?
It seems from conversations with various freelancers over the last year or so that a lot of them have never heard of the 24 month rule on expenses and those that have don’t really understand it.Pros and Cons of QROPS
If you are considering retiring abroad it’s likely that you have many big decisions to make, and whether to get a QROPS is one of themQROPS Benefits and Advice
QROPS questions and answers article. Explaining the pros and cons of transferring a UK pension to an overseas pension scheme.QROPS Pension Release
QROPS benefits and information explained in this independent article. Information on what tax breaks can be achieved and other tax planning opportunities.Inland Revenue
HMRC is responsible for collecting the bulk of tax revenue, as well as paying Tax Credits and Child Benefits, and strengthening the UK's frontiers.Contractors beware - not all umbrella companies are the same!
How NOT to be stung for unpaid taxes by a dodgy payroll provider