Rebecca Seeley Harris Archives - Freelance Informer

Double tax hit looms for umbrella contractors

Rumours of the October Budget revealing increases to Capital Gains Tax (CGT) and Employer National Insurance could significantly squeeze the income of umbrella company contractors, impacting both their take-home pay and long-term financial…

HMRC CEST tool reportedly “misaligned with the law”

THIS ARTICLE HAS BEEN UPDATED Freelancers face a potential tax timebomb, thanks to a recent revelation about HMRC's CEST tool. However, not all IR35 and Off-Payroll experts believe the HMRC is in the wrong A Freedom of Information…

NI tax hikes: Will umbrella contractors get the chop?

The UK's Federation of Small Business (FSB) has called the Conservative government's national insurance tax hike of 1.25% as “anti-small business” and could spark job losses of 50,000 or more. It will also lead to a 2.5% national…

Fate of limited company directors and PAYE contractors in HMRC’s hands

The Directors Income Support Scheme, known as DISS, is expected to hear of the Treasury's decision in a matter of days, Forgotten Ltd. has confirmed with The Freelance Informer. Northern Ireland has outpaced the UK this month on its…

UK: “Billions of pounds of furlough support wasted” with another 7.5m jobs at stake…

Billions of pounds in taxpayer funds may have been wasted if a solutions-based support scheme is not put in place for limited company bosses, a tax policy proposal being examined this week by the government has warned. Up to 7.5 million…