HMRC seeking £30m more tax from contractors

According to sources, HMRC is looking at employment status extremely closely. IR35, the legislation targeting people who wrongly register as self-employed to reduce their tax and NIC, will be extended to the private sector next year leading to confusion about the employment status of contractors and more fines. If you need advice on your employment status or that of your company’s contractors, please contact our tax department on 01424 730000 or email info@mcphersons.co.uk.

Read full article here.

 

Loading Quotes...