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An Autumn Statement for growth – ‘110 measures to grow the economy’

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Industry News

An Autumn Statement for growth – ‘110 measures to grow the economy’

Mr Hunt explained that the government was focussed on five areas: reducing the national debt; cutting tax and rewarding hard work; backing British business; building domestic and sustainable energy and delivering world-class education.

Wed 22nd Nov, 2023 | Alison Roberts

Industry News

The Umbrella Consultation deadline is nearly here!

On 6th June the Tackling Non-Compliance in the Umbrella Company Market consultation was released. The deadline for responding is Tuesday 29th August 2023. If you haven’t done so already and want to have your say, now is the time to act.

Thu 24th Aug, 2023 | Alison Roberts

PayStream News

PayStream wins the double at The Contracting Awards 2023

We’re proud to announce that we’ve claimed victory in two prominent categories at the Contracting Awards: Best Umbrella Company (over 1,500 clients) and Best Contractor Accountancy (over 2,500 clients).

Tue 27th Jun, 2023 | Steven Cheeseman

Industry News

The long-awaited government consultation is published

Following the Good Work Plan of 2018, which introduced a commitment by the government to regulate umbrella companies, a call for evidence in 2022 gathered the opinions of over 400 contractors, representatives and stakeholders within the umbrella company market. As expected, the evidence gathered supported the rationale for state enforcement.

Wed 7th Jun, 2023 | Carmel Thornley-Hayes

Industry News

HMRC are set to tackle IR35 double taxation

Could an ongoing HMRC consultation see at least one of the inequities of IR35 banished?

Tue 30th May, 2023 | Dave Johnson

Industry News

Gary Lineker wins £4.9m tax case against HMRC

Judge Brooks concluded that HMRC’s Income Tax and National Insurance determinations made on Gary Lineker and his then wife Ms Danielle Bux totalling nearly £5 million should be set aside.

Wed 29th Mar, 2023 | Julian Ball

Personal Tax

Corporation Tax Changes from 1st April 2023

Contractors who carry out their business activities through their own Personal Service Company (PSC) should be aware that the main rate of Corporation Tax (CT) changes from 1st April 2023. We explore the changes in this article.

Tue 21st Mar, 2023 | Arif Patel

Industry News

Spring Budget 2023 predictions

Chancellor Jeremy Hunt will stand up in the House of Commons on Wednesday 15 March to deliver his first ‘normal’ Spring Budget. So, what can we expect?

Fri 3rd Mar, 2023 | Julian Ball

Industry News

Winning IR35 Scrum for Sky rugby pundit Stuart Barnes

With tax and NICs of nearly £700k at stake for former England fly-half Stuart Barnes at a recent First Tier Tribunal (FTT) hearing, the erstwhile rugby pundit overcame HMRC’s latest IR35 challenge.

Fri 27th Jan, 2023 | Julian Ball

Industry News

Keynotes of the Autumn Statement 2022

Today, the new Chancellor of the Exchequer, Jeremy Hunt, delivered his much-anticipated Autumn Statement. He set out Rishi Sunak’s Government’s plans aimed at restoring stability and credibility to the UK’s finances which had taken such a knock under the previous, short-lived administration of Liz Truss.

Thu 17th Nov, 2022 | Julian Ball

Industry News

Jeremy Hunt reverses almost all of Liz Truss' tax cuts

The new Chancellor Jeremy Hunt has reversed virtually all the tax measures (that were not already previously reversed) from Kwasi Kwarteng’s mini-budget, in a statement made on on Tuesday 17th October. The only exception being the national insurance and stamp duty cuts and even these appear to be proceeding on the basis they are too far progressed through the Parliamentary process to reverse.

Mon 17th Oct, 2022 | Julian Ball

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