Latest Contractor News
Keep up to date with all the latest contractor news. We have written everything in plain English, so there’s no need to go to the overly complex HMRC website to learn about any tax and accountancy related updates.
Many firms expect their remote workers to put them at risk of a data breach
Worrying, more than a third of IT leaders state their remote workers don’t care about security.
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Employers call for furlough scheme to be more flexible
The CIPD is warning that without these changes, the current JRS could prove to be a waiting room for unemployment and fail to protect significant numbers of the jobs it set out to save.
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Self-employed who are eligible for SEISS to be contacted by HMRC
HMRC have also opened an online assessor, which will let customers check their eligibility for themselves, as well as giving them a date on which they can apply.
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Bounce Back Loan scheme launched this week
Britain’s small businesses will be able to apply for quick and easy-to-access loans of up to £50,000 from today – with the cash expected to land within days.
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More clarity needed for Digital Services Tax
The aim of the UK’s DST is to ensure that digital businesses pay tax reflecting the value they derive from the participation of UK users. This has not been possible under the existing scheme of corporation tax.
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Businesses reminded about deferring VAT return payments if needed
The deferral is one of the measures introduced by the Government to help businesses manage during the Covid-19 crisis.
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CBIL inflexibility could put many SMEs at risk
Trade body urges the government to intervene further as some firms are calling the CBIL scheme a farce
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Limited Companies need more support, says IPSE
IPSE: ‘The Self-Employment Income Support Scheme is very generous – it’s unprecedented – but it’s got sharp edges. If you fall inside it, it’s good, but if you don’t, you get nothing.’
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