News
Universal Credit set to be paid early in December
Universal Credit Claimants could see their payments made slightly earlier this December to take into account of the bank holidays. We have provided...
HMRC
Latest stories for HMRC.
HMRC
No-deal Brexit means ALL UK business travellers and service engineers to face hefty fines without permits - here's what you need to know
If you plan on carrying out work or services in the EU after January 1st, even if you are self-employed or a director of your own limited company, ...
Freelancer Finance
File your taxes early to help secure third SEISS grant
Filing your taxes early may help you secure the third SEISS grant, according to a report by Which? The UK’s third self-employed grant to cover elig...
Freelancer Finance
Third self-employed grant: deadline and how to apply, fourth grant to become available says HMRC
The UK's third self-employed grant to cover eligible businesses between February 2021 to April 2021 must be claimed on or before the deadline of 29...
IR35
Contractors under pressure: HMRC re-opens IR35 enquiries and looks to open new cases, says Qdos report
With the effects of the pandemic on the UK economy, it is not surprising that HMRC’s compliance activity seems to be increasing in all areas, accor...
Business & Finance
Pandemic profit levy targets self-employed and urges SEISS grant clawbacks
An independent think-tank focused on improving the living standards of those on low-to-middle incomes, has proposed in a new report, that the UK go...
HMRC
BOE pumps £150bn into economy and sees interest rates lowest in history- how could you benefit?
The Bank of England is pumping an extra £150bn of government bonds into the economy as it warned the resurgence of Covid-19 would lead to a slower ...
HMRC
How the minimum income floor works if you're self-employed
COVID- changes to MIF When the Department for Work and Pensions calculates your Universal Credit payment each month, in the recent past, they compa...
HMRC
CJRS extended: what does this mean for employers, agencies and umbrella contractors?
The Coronavirus Job Retention Scheme (CJRS) which was due to end on 31 October 2020 has now been extended into December to tie in with the Prime Mi...
HMRC
New to the UK, need to register as self-employed, but don't have an NI number? Here's how!
The HMRC has introduced a 'workaround' for those who have been unable to obtain a national insurance number and need to register for self-employmen...
HMRC
Tax rises on self-employed could backfire on UK economic recovery, says IPSE
Tax rises on the self-employed would be the wrong option as the economy recovers from the coronavirus crisis, Derek Cribb, Interim CEO at IPSE (the...
News
Taxman sends letters to 24K who may have made false SEISS claims, says report
HMRC has written to 24,000 people who may have falsely claimed on the government's coronavirus Self-Employment Income Support Scheme, The FT Adviso...