Umbrella companies which employ workers directly and then invoice businesses for work undertaken have been a recent target for HMRC’s payroll tax investigation unit. Although many umbrella companies operate legitimately, HMRC maintains that many have not been paying sufficient taxes because of the way they manipulate payroll tax. In 2016,…
In the run up to MTD there has been a great deal of criticism from tax agents about various aspects of the new system. However, one outcome that will be welcomed is the planned availability of accessing taxpayer data direct from HMRC’s system. For example, accountants will be able to…
In the run up to MTD there has been a great deal of criticism from tax agents about various aspects of the new system. However, one outcome that will be welcomed is the planned availability of accessing taxpayer data direct from HMRC’s system. For example, accountants will be able to…
HMRC and organisations representing small businesses continue to disagree about the impact of MTD on the self-employed, landlords and sole traders. HMRC has always maintained that MTD will bring cost savings for small businesses whereas bodies such as the Federation of Small Businesses (FSB) have been equally adamant that the…
HMRC and organisations representing small businesses continue to disagree about the impact of MTD on the self-employed, landlords and sole traders. HMRC has always maintained that MTD will bring cost savings for small businesses whereas bodies such as the Federation of Small Businesses (FSB) have been equally adamant that the…