HMRC

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…

Rugby Pundit Stuart Barnes Loses circa £700,000 IR35 Appeal: A Close Call with Far-Reaching Implications Former rugby player and Sky Sports pundit Stuart Barnes has lost his appeal at the Upper Tribunal, resulting in a substantial tax…

Students juggling studies with part-time gigs and individuals turning to side hustles to cope with soaring living costs are facing increased scrutiny from HMRC. New guidance issued to platforms like Airbnb, Uber, and Deliveroo outlines…