Having an accountant for your contracting business can make your life much easier. In addition to saving your time, an accountant can also handle your financial and tax responsibilities in a professional manner as well. Regardless of how long you have been in the business, you can always benefit...
The UK government had introduced the IR35 tax legislation in 2000. The purpose of introducing the tax legislation was to determine the self-employment status of independent contractors. It was introduced to catch individuals who were gaming the tax system to avoid taxes. A contractor who is...
HM Revenue and Customs (HMRC) rolled out IR35 reform in April 2017. The reform initially applied to contractors working in the public sector. However, recently the HMRC has decided to extend the tax reform to the private sector, and it's expected to be implemented in...