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tax

HMRC taxing Contractors deemed as Employees (IR35)

IR35 in the Public Sector   How could this affect your business?   Introduction IR35 is a piece of legislation that allows HMRC to collect additional payment where a contractor is an employee in all but name.   If a contractor is operating through an...

Making Tax Digital

This is the new initiative by HMRC for which the consultation document has come out. Consultation will close 7th November with draft legislation in December and the start of implementation in 2017 with full implementation as from 5 April 2018 with all taxpayers on...

Professionals Funding

Many professionals Struggle to pay Tax in July All professions have cash flow issues, just like the majority of companies. They have difficulty paying their VAT, Their Corporation Tax and Income Tax, as well as their professional indemnity insurance and Practice...