HMRC Will Publish a Second Consolation Document Regarding Private Sector Off-Payroll Working Rules
HM Revenue and Customs (HMRC) has recently announced that it will publish a second Consolation Document regarding private sector off-payroll working rules in mid-2019. The taxation body has announced that the new consultation will focus on the operations of the IR35...
Hammond Concedes Loan Charge in Not a Tax Evasion Practice
The UK Chancellor of the Exchequer Philip Hammond has acknowledged that he was wrong to say that Loan Charge amounted to a tax evasion practice. Instead, he says that it was tax avoidance. Tax evasion and avoidance are two different terms in the legal context. The...
What Contractors and Employment Agencies Should Know about GAAR
The General Anti-Abuse Rule (GAAR) was enacted in July 2013 to address taxation arrangements that took advantage of loopholes in the tax law. The rulings are of importance to self-employed workers and entities that take part in shady employment schemes to avoid...
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