Author: Jaime Thorpe
New PM must focus on delivering pro-businesses measures
FSB: ‘Small business entrepreneurs are resilient and innovative, but the current headwinds are gale-force. For small firms to drive economic recovery and future prosperity, they need a pro-small business environment in which to operate and grow’.
Self-assessment customers being targeted by fraudsters
HMRC: ‘If someone contacts you saying they’re from HMRC, wanting you to urgently transfer money or give personal information, be on your guard. HMRC will never ring up threatening arrest. Only criminals do that’
Government makes U-turn on Mini-budget
FCSA: ‘That Ms Truss did not mention the IR35 rollback this afternoon is cautiously welcome but, of course we may not have heard the last of this matter’.
VAT firms have less than a month to be MTD ready
Economic Secretary to the Treasury: ‘I encourage any VAT-registered businesses still to register for Making Tax Digital to get online and sign up’.
Majority of businesses focusing on coaching
CoachHub: ‘It has never been a better time to democratise access to coaching, ensuring that coaching is for everyone, regardless of seniority or job title’.
Mini-Budget 2022
On Friday 23rd September 2022, Chancellor Kwasi Kwarteng announced the details of the Mini-budget, stating what he claims to be the biggest tax cuts in a generation.
Here’s what you need to know as a limited company contractor:
Report finds widespread knowledge gap of looming RTW changes
Xydus: ‘The list of potential consequences for getting digital Right to Work checks wrong is worrying many UK businesses’.
Self-employed confidence takes a hit
IPSE: ‘Thankfully there are signs that the government is already listening to our calls for a fairer taxation system for the self-employed.’