Contractors and IR35 - Latest News
Contracting and associated legislation such as IR35 is regularly in the news. Changes in legislation and developments in case law mean that requirements are continually evolving. At Sherwin Currid LLP we keep abreast of all these developments to ensure that our advice and services are up to date to ensure that you receive the best possible service.
- UK economy shows quarterly surge in growth
The UK economy expanded at twice the forecast rate during the second quarter of the year. - Tax systems to be simplified
The Government has announced that the UK tax system will be simplified and streamlined in a effort to attract investment in business. - Increase in formation of Limited Companies
Company House have confirmed the number of limited company's formed has risen after two years of falls - Keep your eyes out for unsolicited emails from HMRC.
It has been reported that fraudsters will use the upcoming 31 July payment on account (POA) deadline to obtain log in details from HMRC. - KMPG market update 7 July 2010
Job Market update - Growth of temporary/contract staff - Canary Wharf branch
Sherwin Currid is proud to announce the opening of our Canary Wharf branch. - New Reading branch
Sherwin Currid is proud to announce the opening of our Reading branch. - PCG Launches advertising campaign
A national advertising campaign, ‘Britain’s Brain Gain’, has been launched by PCG - January IT job market
Whether they want to work full-time or on a contract basis, the jobs market for Britain’s IT workers notched up another month of growth in January, a study shows. - Judge dismisses claims that HMRC's retrospective tax take was unlawful
Thousands of IT contractors reacted with shock and disappointment this morning, after the Royal Court of Justice ruled the retrospective effect of BN66 is not unlawful. - C and S Finance Announces Name Change
Following an external marketing review of our practice we have decided to rebrand by changing our name from C and S Finance LLP to Sherwin Currid LLP Chartered Certified Accountants. - National Freelancers Day - 23 November 2009
PCG has declared 23rd November 2009 National Freelancers Day in a drive to encourage everyone to acknowledge all freelancers, consultants and contractors and the contribution they make to the UK economy. The Day has been launched as part of PCG’s tenth anniversary celebrations. - 22 April 09 - Budget 2009
There are a few headline grabbing measures in todays budget, the big one being that the top rate of tax will rise to 50% for the 350,000 people earning over £150,000 - from April 2010. At the same time, those earning over £100,000 will lose all personal allowances - 2009 Budget
This year's Budget will be on Wednesday 22 April at 12.30pm. This is later than normal and falls after Parliament's Easter recess and the G20 summit. The timetable for passing the Finance Bill through Parliament is likely to be compressed, as a result. - Limited Options for Contractors
Elizabeth Colman on the rule changes that hit freelance workers who have set up as companies to cut their tax bills. - Online self assessment submissions – facts and figures
5.8 million taxpayers submitted their 2007/08 tax returns online by the 31 Jan 09 deadline. This is about 2/3 of all tax returns. The busiest time was Friday afternoon on 30 Jan when 390,000 returns were submitted. - Self Assessment deadline looms
If you are one of the millions of people yet to submit a tax return for 2007/8 the deadline for submitting paper returns has now passed. Outstanding returns must now be completed electronically by the 31 January 2009 or penalties will be incurred. - Are you running the risk of IR35?
It often becomes a hassle for the contractor to obtain an IR35 review of their contract before starting the assignment. As it has been seen in the Dragonfly Consulting case a contractor needs to be aware of their employment status as not many can afford a tax bill of £99,000. - IR35 Developments: Dragonfly Consulting Limited
An IT contractor, who is facing a tax bill of £99,000, has appealed to the special commissioners about the decision by HMRC that he was operating within IR35. - Budget 2008
On Wednesday 12 March 2008, the Chancellor of the Exchequer, the Rt Hon Alistair Darling presented the Budget to the Houses of Commons. - The New Income Shifting Proposals
Proposals have just been published by the Government to negate "income shifting" between individuals. - Alistair Darling Gives First Pre Budget Update
The new chancellor, Alistair Darling, gave his first budget update on 9 October. - Government Plan Arctic Attack
The Pre budget report has shown the Governments intent to amend tax legislation in light of victory for the taxpayer in the Arctic systems case. The Government made the following statement today. - Arctic Systems Ltd. Case Successful
The Jones succeeded in their three-year struggle to stop the Revenue reinterpreting tax law retrospectively - Budget Comment 2007
March 07 was a political landmark for Mr Brown, who presided over his eleventh budget as Chancellor, a feat he only surpassed by William Gladstone, who managed twelve.
Keep up to date
We update this page with key changes to legislation relating to contracting, including IR35 and s660a, as well as other important accounting and taxation changes.