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  • IR35 off payroll working

Off-Payroll Working IR35

Changes to off-payroll working (IR35) rules The new off-payroll working (IR35) rules came into force on the 6 April 2021.  Though payments relating to work or payments made before 6 April 2021 are not affected, the new rules need to be considered for all payments made on or after 6 April 2021, for work carried

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  • UK Parliaments Budget 2021

UK Budget 2021

UK Budget 2021: A summary of key announcements Chancellor Rishi Sunak has announced his Spring 2021 Budget promising further support for Covid-hit businesses and workers.  As well as supporting and boosting industries ravaged by the coronavirus pandemic, the announcement also looked ahead to the difficult process of repairing the public finances. At a Glance  

  • Uber app supreme court ruling

Uber Supreme Court Ruling

Disrupting a disruptor: The implications of the Supreme Court’s Uber ruling The UK Supreme Court has ruled that Uber must classify its drivers as workers rather than self-employed contractors. The decision could threaten the position of an already unprofitable company and will have far-reaching HR and tax consequences for the wider ‘gig economy’. Uber drivers

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  • working from home

Working From Home

Tax relief for working from home Working from home has become the new normal for much of the UK workforce.  During the first national lockdown in 2020, the Office for National Statistics recorded that nearly half of those in employment (46.6%[i]) performed some work at home.  Not all of that group will necessarily be aware

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  • global mobility uk

Global Mobility and UK Tax

Global Mobility and UK Tax Global mobility remains restrained today. However, despite the current pandemic, some businesses are taking those first tentative steps to place key players overseas, driven by the need to ensure business survival. From the perspective of those on the move, what does this mean to employer and employee?  The thoughts below

  • FBAR

The Foreign Bank Account Report (FBAR) – do you need to file?

Filing US tax returns is a well-known responsibility of American ex-pats, but the Foreign Bank Account Report (FBAR) is often forgotten. This can be costly, as failing to file the FBAR can draw the attention of the IRS, and lead to some harsh penalties. A United States person that has a financial interest in, or

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  • vat cut

A temporary reduction in VAT from 20% to 5% for worst hit sectors

Chancellor's Summer statement A temporary cut in the sales tax from 20% to 5% has been announced by the UK government for attractions, meals and accommodation.  Chancellor Rishi Sunak proposed the measure during his Summer Statement in order to provide relief for some of the sectors worst hit by the coronavirus pandemic. The VAT rate

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  • expat tax haven

HMRC’s crackdown on overseas tax evasion

In a single year, HM Revenue & Customs’ (HMRC) crackdown on overseas tax evasion has seen a massive increase in the number of people admitting to not paying tax. According to a Freedom of Information (FOI) request, 867 British expats declared they failed to pay the amount they owed in 2018-19. This marks a 12-fold

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  • IR35 Tax Delay

Covid-19 emergency postpones tax reforms

The UK government has delayed proposed changes to the IR35 tax rules until 2021 in response to the COVID-19 crisis.  MP Steve Barclay, the chief secretary to the treasury, unexpectedly announced the move on the evening of March 17th and was keen to stress that it was merely a postponement. Mr Barclay said: "I can

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  • independent contractor

IR35 Changes: Risk and Responsibility in the Private Sector

The planned changes to the UK’s Inland Revenue 35 (IR35) Laws are intended to create a clear distinction between independent contractors and full-time employees.  By determining employment status, HMRC hopes to ensure that proper tax contributions are obtained.  In order to achieve this, IR35 shifts the responsibility for determining the status of workers and the

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