For some time now there has been a spotlight shone on our industry with regards to people using non-compliant schemes in order to avoid paying the correct amount of tax. As such, and rightly so, the Government has started to take steps to clamp down on such activity.
Given this we are all awaiting the results from the Governments travel and subsistence consultation which will be announced later next month so watch this space for more information as and when it unfolds.
With tax avoidance being such a hot topic, this month's newsletter focusses on HMRCs new powers when it comes to pursuing tax avoidance and the Governments new focus on IR35. We also provide some hints and tips for our umbrella contractors and look into why it's important that our limited company contractors plan in advance for their Personal Tax Return.