New Dividend Tax

From 6th April 2016 a 7.5% dividend tax will come into play. For those who manage to avoid paying higher rate tax it will still be possible to have the same “take home pay”.

Business Support During COVID-19

What you need to know  Since his debut budget on 11 March, Chancellor Rishi Sunak has announced an unprecedented package of support measures for UK businesses. To keep our clients informed and up to date with the latest information, we’ve prepared this...

VAT Reverse Charge for Construction Services

HMRC has introduced a VAT reverse charge for construction services from 1 October 2019. This is a major change to how VAT is collected in the building and construction industry. You are likely to be affected if you buy or sell construction services under the...

IR35 Changes in the Private Sector

IR35 legislation was first introduced in 2000 to reduce tax avoidance by contractors who HMRC believe to be “disguised employees”. In this time we have had a 100% success rate from dozens of HMRC cases against independent contractors. In 2017 the rules changed within...