Fuller Spurling’s Spring 2020 tax briefing is now available, with guidance and information on the following… Capital Gains Tax (CGT) – pay in 30 days! IR35 off-payroll working rules, 6 April 2020 New NIC thresholds announced ahead of the budget Restricted Employment Allowance, worth up to £3k per year Company accounts & returns – […]
Year End Tax Review 2019-20
Fuller Spurling’s year-end tax review. Introduction, tax law changes to come? Interest on savings – how to reduce tax you pay by controlling the type of income you receive ‘Max out your state pension’ – have you checked if you’ll qualify for the full state pension? ‘Give & save’ – how Gift Aid donations […]
Prepare for changes to IR35
The IR35 rules are designed to discourage avoidance of payroll taxes by organisations who engage workers through personal service companies (PSC)s or other intermediaries rather than taking them on to the payroll.
IR35 off-payroll working
Where an individual works through his or her own personal company to provide services, such as IT consultancy, that company must abide by the “IR35” rules
IR 35 can still bite
Retain evidence to avoid issues with IR35 in the future
Employment Status – ‘the worker’
The definition of employee versus self-employed is an age old debate. How has the government and HMRC begun to respond to these changes?