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Strong calls for delay or abandonment of Off-Payroll Tax during Lords inquiry
Contracting and industry experts have called for an abandonment of the Off-Payroll Tax during a House of Lords Finance Bill Sub-Committee hearing.
�Contracting stakeholders and representatives from a range of� �e, why not just add a ‘hirers tax’ of 4-5% to all contract engagements?”�
Category:
News
| Mon, 24 Feb 2020
HMRC pulls wool over NAO’s eyes during CEST enquiry
HMRC has responded to the NAO’s CEST enquiry with familiar standard responses, reinforcing the urgent need for a comprehensive IR35 review.
�tioning with a number of stock responses that the contracting sector is now too familiar with,” says Contractor�
Category:
News
| Wed, 11 Dec 2019
Off-Payroll Tax to go ahead in April 2020 despite review, announces Treasury
Government has launched a review of the Off-Payroll legislation yet still intends to extend the rules to the private sector in April 2020.
�ifesto and was met with scepticism by much of the contracting sector due to its timing. As a result, the decisi� �t preparing immediately. “Pushing ahead with this contract jobs-killing measure is insane. As we leave the E�
Category:
News
| Tue, 07 Jan 2020
Off-Payroll: Bank faces contractor exodus following limited company blanket ban
Off-Payroll rules result in a limited company ban that leaves a major bank facing a contractor walkout and significant damage to its projects.
�. “It’s completely against the spirit of IR35.” A contracting and industry veteran of more than 20 years, Shaw� �have this advantage. A shortage of ‘outside IR35’ contracts will drastically limit the mobility of contractor� �that employment costs would be deducted from our contract rates, leaving us to fund our own employee taxes�
Category:
News
| Fri, 24 Jan 2020
Lords committee invites contributions to inquiry into Off-Payroll Tax
Affected parties are encouraged to contribute to a House of Lords Finance Bill Sub-Committee into the damaging Off-Payroll Tax.
�FF Research . The report was widely criticised by contracting stakeholders , with many arguing that the conclus�
Category:
News
| Thu, 06 Feb 2020
Off-Payroll: Tories facing crisis with tax reforms set to decimate flexible workforce
Government risks a labour market crisis as more than half of contractors plan to leave projects in response to Off-Payroll, a new survey reveals.
�tend to do so temporarily while they wait for the contracting market to recover. Critically, less than 3% of re� �ent’s ‘inside IR35’ determination 77% believe the contract market will recover, enabling them to secure futu�
Category:
News
| Tue, 11 Feb 2020
Off-Payroll: Statutory tax amnesty is essential to stem chaos
Government must legislate to prevent HMRC from using the Off-Payroll Tax to identify contractors for investigation or risk a labour market crisis.
�agements following the sensible renegotiations of contract rates.” Taxman’s track record fuels contractor mi�
Category:
News
| Mon, 17 Feb 2020
Off-Payroll Tax: Lords appear dumbfounded after HMRC witness evidence
House of Lords members appeared dumbfounded as HMRC and Treasury representatives provided unconvincing evidence during the latest committee hearing.
�National Insurance Contributions (NICs) from the contract rate, highlighting that their ability to generate�
Category:
News
| Tue, 17 Mar 2020
IR35 BREAKING NEWS: Government announces 12-month Off-Payroll delay
Government has announced a shock 12-month delay to the private sector rollout of the Off-Payroll legislation in response to the Covid-19 outbreak.
�we must come up with a way to properly recognise contracting and freelancing in the tax system and ensure peop�
Category:
News
| Tue, 17 Mar 2020
Self-employed face effective double taxation under Off-Payroll Tax
Thousands of contractors funding employment costs under the Off-Payroll Tax can claim back monies owed, explains tax barrister Alexander Wilson.
�and the renegotiation of rates for ‘inside IR35’ contracts, are also in breach of the Social Security Contri� �consequently deducting employment costs from the contract rate. This practice is contrary to the legislatio�
Category:
News
| Fri, 20 Mar 2020
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