IR35 reforms to be extended to the private sector
Contractors could face a higher tax bill from April 2020 when reforms to IR35 legislation are set to take effect in the private sector.
Contractors could face a higher tax bill from April 2020 when reforms to IR35 legislation are set to take effect in the private sector.
The annual investment allowance is set to temporarily increase from £200,000 to £1 million, allowing businesses to gain more tax relief on their investments.
When and how to begin the process of deregistration.
The tax system in Britain should be replaced with a single rate on all forms of income, claims a thinktank.
Bevan & Buckland explain that HMRC are looking to simplify tax reporting. They are trying to move away from only filing taxes annually.
The government has started the process to reverse the so-called ‘staircase tax’ to ease the pressure on small businesses.