Government Encouraged to Update Pension Tax Relief
A new 30% flat rate of pension relief would be progressive, cost-neutral and leave three-quarters of earners better off, a new report from the Royal Society of Arts think-tank finds. Venturing to Retire, in partnership with e-commerce marketplace Etsy, explores the...
HMRC Crackdown on Incentive Payments By Contractors’ Agencies
Contractors’ agencies are increasingly being targeted by the HM Revenue and Customs (HMRC) as per the Criminal Finances Act 2017. The Act that became effective on 30th September 2017 made corporations liable if they failed to take action against tax evasion...
Survey Reveals Contractors Stretched Out Due to IR35 Tax Reforms
A lot of grey areas exist regarding the recent IR35 tax reforms that were introduced in April 2007. In a recent survey carried out by Harvey Nash Recruiting Agency of 500 business leaders, contractors, and line managers, around 90 percent felt worried and annoyed due...
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