HMRC

Gary Lineker's high-profile IR35 dispute with HMRC has finally concluded, with the two parties reaching an out-of-court settlement. While the exact details remain confidential, the case offers valuable lessons for freelancers about…

Freelancers face potentially devastating tax bills due to complex "Managed Service Company" rules HMRC has issued a stark warning to freelancers, contractors, and consultants about the dangers of "Managed Service Companies" (MSCs).…

With the January 31st self-assessment deadline looming, HMRC has issued a warning to the UK's self-employed workforce: be on your guard against a rising tide of tax scams New figures reveal a worrying 16.7% surge in reported scams…

HMRC’s reduced interest on late payments hides the refunds “elephant in the room” says one contractor sector specialist The UK tax authority, HMRC, recently announced a reduction in the interest rate charged on late tax payments,…

The recent hike in employers' national insurance tax has sent ripples through the contracting world, leaving many unsure of whether to celebrate or brace for impact. While some contractors may find themselves with unexpected benefits,…

Many freelancers are already feeling stressed about "painful" surprises that could be announced in the Labour Party's Autumn Budget. That is why freelancers should aim to get their tax returns sorted now, rather than when the annual…

HMRC recently added four more tax avoidance schemes to its list of known promoters. While this should be positive news, it raises concerns about the effectiveness of HMRC's anti-avoidance strategy. Qdos, a tax compliance expert, points out…