Category: limited

Those who have claimed SEISS might not know it’s taxable

LITRG: ‘Many claimants of SEISS grants might, understandably, use the money as soon as they get it – but they need to think now about budgeting for income tax and National Insurance on it’.

Government warns over Coronavirus scams

At a time where most of us are relying heavily on technology to work or to stay in contact with family and friends, scammers are using this to their advantage, making cyber security more important than ever.

Coronavirus financial lifeline finally offered to self-employed

IPSE: ‘This will offer essential support to the many hard-working self-employed people across the country who are losing projects and contracts because of the Coronavirus outbreak’.

Funding for tech firms who find digital support solutions for those isolating

The funding will be available to innovators who can find digital ways to support people who need help during the COVID-19 outbreak.

Government must do more to save jobs and businesses, say REC

REC: ‘Four in five recruiters expect the outbreak to have an adverse impact on hiring in the short term, and we are likely to see the greatest impact in sectors like hospitality, retail and the creative industries’.

Government delays IR35 changes

The Association of Independent Professionals and the Self-Employed says the government has ‘done the sensible thing’ by delaying the IR35 changes to the private sector.

Eamonn Holmes loses IR35 tax case

Seen as a ‘rare win’ for HMRC, Eamonn Holmes’ case just highlights the needless complexity for the IR35 legislation, say experts.

IR35 amendment ‘little comfort’ for contracting sector, says IPSE

HMRC have announced that ‘the off-payroll working rules will only apply to payments made for services provided on or after 6 April 2020’.

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