There has been a recent increase of interest by HMRC into the employment status of those under IR35. IR35 is a highly contentious area of dispute. Changes are due from April next year with the current Public Sector rules to be introduced into the Private Sector for large and medium-sized businesses.
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See AllFrom 17th February, taxpayers who owe money to HMRC will pay 7% interest, down from 7.25%. HMRC say that 1.1 million self-assessment...
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The Bank of England has today confirmed that interest rates will be cut to 4.5%, from 4.75%. #FarrellAndFarrell #crossbordertaxadvisors...
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Basis Period Reform was introduced for tax year 2023/24 meaning sole traders and partners in a business have to report their profits on a...
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