off-payroll Archives - WRLO Accountants https://www.wrloaccountants.co.uk/tag/off-payroll-2/ Chartered Accountants & Business Advisors Fri, 15 Nov 2024 21:14:12 +0000 en-GB hourly 1 https://wordpress.org/?v=6.9.4 https://www.wrloaccountants.co.uk/wp-content/uploads/2018/01/cropped-WRLO-logo-big-32x32.jpg off-payroll Archives - WRLO Accountants https://www.wrloaccountants.co.uk/tag/off-payroll-2/ 32 32 IPSE calls for fairer off-payroll rules in Budget https://www.wrloaccountants.co.uk/ipse-calls-for-fairer-off-payroll-rules-in-budget/ Fri, 04 Oct 2024 18:55:33 +0000 https://www.wrloaccountants.co.uk/?p=4174 The Chancellor should use her Autumn Budget to make off-payroll working rules‘fairer and more effective’, according to the Association of Independent Professionals and the Self-Employed (IPSE). IPSE says that the rules, commonly known as IR35, are still causing significant disruption for businesses and public bodies needing to recruit freelancers and contractors for their operations. An IPSE survey of 1300 contractors in early 2024 found that 54% had walked away from an offer of work due to disagreements over the client’s IR35 determination. It says the last government presided over a disastrous tightening of IR35 with the off-payroll working reforms. It is asking the new government to find a ‘fairer and more effective way for people to work as freelancers without being subject to endless challenges from their clients and the taxman’. IPSE also called on HMRC to give taxpayers the support and the Chancellor to end the uncertainty over Managed Service Company legislation. IPSE’s Fred Hick said: ‘For the first time since Spring 2010, a Labour Chancellor will deliver a Budget statement to the House of Commons. Government has so far painted a dour picture in the run up to the statement, with the Prime Minister warning that the Budget […]

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]]> March 2021 news https://www.wrloaccountants.co.uk/march-2021-news/ Tue, 09 Mar 2021 18:15:25 +0000 https://www.wrloaccountants.co.uk/?p=3374 In this month’s Enews we consider the Chancellor’s 2021 Budget announcements, a new deadline for Self Assessment penalties and an online system for VAT deferrals. With guidance on off-payroll working rules, the VAT reverse charge and extra time for businesses to repay COVID support there is a lot to update you on. Sunak set out Budget to protect businesses Business groups welcome Budget Late payment penalties for Self Assessment waived until 1 April Online service opens for VAT deferral scheme HMRC clarifies off-payroll rules Domestic VAT reverse charge comes into effect on 1 March Borrowers of Bounce Back loans given six more months for repayments Advisory fuel rates for company cars Sunak set out Budget to protect businesses Chancellor Rishi Sunak set out a Budget to protect businesses through the pandemic, fix the public finances and begin building the future economy. The Chancellor once again pledged to do ‘whatever it takes’ during the COVID-19 pandemic and confirmed that the furlough scheme would be extended until September 2021 to support jobs through the crisis. Mr Sunak also confirmed that the Self-Employment Income Support Scheme (SEISS) has also been extended, with two further grants this year. Claimable by the self-employed, including the […]

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