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.

Business confidence at second highest level since start of pandemic
Sophie Lewis
By: Sophie Lewis

Business confidence at second highest level since start of pandemic

Lloyds Bank: ‘While economic optimism saw a slight dent in October due to rising costs and the on-going supply chain issues, it is clear that firms are still feeling relatively buoyant as overall business confidence remains high and above the long term average’.

Read this post
IR35 changes have driven many self-employed out of sector
Jaime Thorpe
By: Jaime Thorpe

IR35 changes have driven many self-employed out of sector

IPSE: ‘Not only have the changes to IR35 driven large parts of the contracting sector out of self-employment: they have made things needlessly and enormously more complex for those who remain’.

Read this post
Far too little in budget that directly supports self-employed, says IPSE
Sophie Tyler
By: Sophie Tyler

Far too little in budget that directly supports self-employed, says IPSE

IPSE: ‘Overall, this Budget does nothing to reassure the UK’s 4.3 million self-employed businesses, who are reeling from a series of setbacks, from gaps in support to disastrous IR35 reforms’.

Read this post
Just one in 10 UK SMES worried about business debts
Sophie Lewis
By: Sophie Lewis

Just one in 10 UK SMES worried about business debts

Lloyds Bank: ‘As the economy has reopened and begins to recover, it is reassuring that a relatively low proportion of small businesses are worried about their ability to make repayments on their debts’.

Read this post

The Complete accountancy package... only £95 per month

We’ll give you a dedicated accountant and a whole lot more.

SIGN ME UP
Government urged to introduce self-employed statutory sick pay
Jaime Thorpe
By: Jaime Thorpe

Government urged to introduce self-employed statutory sick pay

Community: ‘Other countries such as Canada and Denmark have shown us there is a way to support the self-employed through periods of illness’.

Read this post
Calls for review of working from home tax rules
Sophie Tyler
By: Sophie Tyler

Calls for review of working from home tax rules

CIOT: ‘We believe the government should review the rules and allow a deduction in these circumstances to reflect modern, flexible working patterns’.

Read this post
Office workers say flexible working has made them feel more motivated
Sophie Lewis
By: Sophie Lewis

Office workers say flexible working has made them feel more motivated

Kadence: ‘As offices open up, business owners should pay attention to the evolving needs and behaviours of their employees to understand how individuals prefer to work and where they flourish’.

Read this post
Self-employed reminded to prepare for tax return
Jaime Thorpe
By: Jaime Thorpe

Self-employed reminded to prepare for tax return

HMRC: ‘We want to help people get their tax returns right by making sure they are prepared and have everything they need before they start their Self-Assessment’.

Read this post

dav1