Category: HMRC
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IR35: taxman warns 43,000 firms over workers’ employment status
HM Revenue & Customs (HMRC) is issuing approximately 43,000 private sector businesses across the UK with letters warning them to consider the employment status of their contractors ahead of reforms to IR35 off-payroll working rules in April. The taxman told New Model Adviser® it would be issuing letters to approximately 43,000 private sector businesses who engage with contractors before the planned…
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‘My wife is seeing aliens’: Five terrible tax return excuses
It is that time of year again! Correct, HM Revenue & Customs (HMRC) has announced its annual list of terrible excuses for non-submission of self-assessment tax returns. Every year the taxman seems to receive only the most imaginative, bizarre, and – if this year is anything to go by – supernatural claims about why people have…