HM Revenue and Customs’ (‘HMRC’) decision to extend the tax filing deadline by a month may suggest their leniency towards taxpayers struggling to file their returns on time because of… The post HMRC tax filing extension shows leniency, but also suits HMRC appeared first on London Business News | Londonlovesbusiness.com.
The introduction of the new IR35 legislation in April 2021 was met with trepidation. Devised to combat tax avoidance in the contracting workforce, many viewed it as the death knell… The post 93% of contractors have considered using an umbrella company in 2021 to avoid IR35 impact appeared first on London Business News | Londonlovesbusiness.com.
Taxpayers who file their tax returns online by the 30 December may be able to enjoy a Christmas bonus, say accountancy firm Blick Rothenberg. Stefanie Tremain, a director at the… The post Taxpayers could receive a Christmas bonus appeared first on London Business News | Londonlovesbusiness.com.
The Association of Independent Professionals and the Self Employed (IPSE) has responded to the rising infection rate of the Omicron variant by warning that unless the government offers support to… The post Calls for the government to delay the planned increase in National Insurance following Plan B appeared first on London Business News | Londonlovesbusiness.com.
A leading research and development (R&D) tax expert with UK Top 10 firm Azets, the largest regional accountancy firm and business advisor to SMEs, has issued a warning to businesses… The post Rogue R&D claim repayments could cost SMEs millions appeared first on London Business News | Londonlovesbusiness.com.
The Night Time Industries Association, the main trade body representing businesses in the UK’s Night Time Economy, has called on the Government to urgently provide businesses with financial support through… The post The crippled hospitality sector calls for a ‘freeze of VAT at 12.5%’ and ‘to reinstate furlough for first quarter of 2022’ appeared first…
New tax rules for freelance contractors and their clients came into force in April 2021. IR35, or ‘off-payroll working rules’, have caused confusion for contractors and the businesses that hire… The post Are you inside IR35? Here’s the latest guide for freelance contractors appeared first on London Business News | Londonlovesbusiness.com.
The Chancellor, Rishi Sunak’s plans to cut the basic rate of income tax by 2p in 2024/25 is nothing but “smoke and mirrors” as the government makes it first moves… The post Rishi Sunak’s plans to cut the basic rate of income tax is nothing but ‘smoke and mirrors’ appeared first on London Business News…
Will Shu who is the founder of Deliveroo has sold £47m of stocks in the firm to pay his tax bill which has sent shares in the company down. In… The post Deliveroo founder sells £47m of stock in the company to pay a tax bill sending shares down appeared first on London Business News…
Any gains in interest rates increasing will be lost by increasing tax bills and many people will be worse off, say leading tax and advisory firm Blick Rothenberg. Paul Haywood-Schiefer,… The post Interest rate increases may make some people worse off appeared first on London Business News | Londonlovesbusiness.com.
