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Sir Amyas Morse to Be Questioned By the MPs
Sir Amyas Morse, the former Head of the National Audit Office, is expected to appear before the Loan Party APPG. Several MPs are reviewing Loan Charge 2019 as there is an increasing sentiment that Sir Amyas’ recommendations are not going to have much impact on the...
Contractors Remain Wary About the Individual IR35 Testing Claims by the Clients
Deutsche Bank, IBM, and Microsoft have responded to the IR35 reform by banning limited company workers. It has been considered as a positive indication for clients who are assessing the status of PSC on a case-by-case basis. Even with the backing of experts for...
Industry Experts Don’t Expect a Significant Change from the IR35 Review
Industry experts don’t expect much from the government’s review and fear that it is going to be an exercise in futility. These concerns emerged when the HMRC published a technical comment for the secondary legislation of the off-payroll rules. Susan Ball, who works as...
HMRC Comes With An Update For Internal Guidelines Amid The IR35 Review
The HMRC has upgraded the CEST tool for IR35 with a direct update. The manual of HMRC reveals a series of prospective questions for CEST, which are expected to evaluate tax status. The updated internal manual by the HMRC contains around 70 roughly questions regarding...
Boris Johnson Introduces a Plan to Limit Judicial Reviews
Boris Johnson has made it clear that Judicial Reviews are going to be affected by a Tory manifesto-pledged clampdown. He has targeted an area that is used by contractors to challenge retrospective taxation, IR35 reform, and IR35, in the House of Commons on Wednesday....
Can the IR35 Contractor Factsheet Still Make a Difference?
Recently, the government released a “Contractor Factsheet.” It is created to assist independent workers so that they can prepare for the upcoming changes in the IR35 legislation. The legislation will come into effect on 6th April. IR35 changes will make large and...
Royal Bank of Scotland Refuses to Hire PSCs after February 28th
RBS (Royal Bank of Scotland) has silently taken a u-turn about its plans to ‘continue to engage PSCs under a new IR35 from April’. The institution now opines that it will no longer use these types of contractors after February. The bank announced that all contractors...
ICAEW Reveals the Loan Charge Testimony
ICAEW, the UK’s leading accountancy membership bodies, was one of the first organisations to provide evidence against the 2019 Loan Charge Review. Now, it has penned a letter to Sir Amyas Moore and shared some of its views. The body said that its case hinged on three...
Regulations for Umbrella Companies in UK
The government has finally unveiled its strategy on the regulations pertaining to umbrella companies. The business department constructed a reply against the Taylor Review. It states that regulations from the Employment Agency Standards Inspectorate would now cover...
UK Secretary of State Sheds Light on the Good Work Plan
Mathew Taylor had published the Taylor Review of Modern Working Practices in July 2017. The Review made recommendations based on new work practices and models such as digital platforms and the gig economy. The Government published a response to the Review in February...
A Recent ET Outcome Reveal Dangers of Alternate Employment Schemes
A worker who was offered services through a limited company has been awarded nearly £15,000 in the tribunal case for unfair dismissal. According to Justin Roberts, a Senior Manager at Ernst & Young (EY), the case outcome serves as a reminder to employers about the...
MPs Say HMRC’s IR35 Could Have a Devastating Impact on Society
HM Revenue & Customs (HMRC) introduced the 2019 Loan Charge in order to recover unpaid taxes from individuals who have used disguised employment schemes since the 6th of April 1999. The new rule that will become applicable in April 2019 has received a lot of...