The Statutory Residence Test (SRT) allows contractors and other individuals to determine residence status for a tax year, writes Kevin Austin, managing director of Access Financial. Each tax year is ...

Before IT contractors can explore the depreciation period and rate for their staple items – business laptops and computers, let’s start with some fundamentals like what is depreciation and who decides ...

Following his previous explainers on IR35, Danny Batey, senior tax consultant at Markel Tax, now plots the chequered history of IR35 from the legislation’s conception in 1999 to the present day furore ...

Nowadays, car leasing is more popular than ever before. Your monthly costs are often lower, the car’s maintenance tends to be taken care of, and you don’t have to concern yourself with your vehicle’s ...

Following significant changes to the Agency Legislation in 2014 designed to tackle false self-employment, the intermediaries reporting requirements came into force from April 2015, with further ...

It’s nearly a year since the new IR35 off payroll working rules were introduced into the private sector, requiring all but the smallest of companies to assess their limited company contractors’ ...

With Microsoft due to charge the equivalent of £23 per user per month, to access Artificial Intelligence features Copilot in its business version of Microsoft 365, it’s not just ChatGPT Plus that ...

IT contractors at Bank of America Merrill Lynch face being laid-off unless they agree to do the same work for much less money. Those who wish to keep their contracts at the bank must cut their rate by ...

VAT can seem daunting, but as 2025-26 dawns, have you considered making life easier by using the Flat Rate Scheme? In fact, while VAT can be complex, what if there was a way to make Value Added Tax ...

The directors of an umbrella company who swindled £45million have been jailed for a total of almost three decades, in what is said to be the UK’s largest ever payroll fraud of its kind. Geoffrey, ...

At some point in every contractor’s life, they will reach the point when they want to close down their limited company – either to retire or take up a PAYE role. This closing of a company is the ...

The key to success in an IR35 enquiry is to understand what your position is and weigh up the prospects of success in order to win the case, writes Mollie Shields, a tax consultant in contractor ...