Campaigners voice concerns over IR35 changes

Private-sector contractors and freelancers will not be fined for inaccuracies relating to the off-payroll working rules in 2020/21. HMRC published a report into the changes, which kick in from April, and promised a light-touch approach to any errors in the first year....

IR35 set for ‘soft landing’ in private sector

Extending the off-payroll working rules to the private sector in April look set to go ahead, after the Chancellor hinted at a soft-landing period. Chancellor Rishi Sunak reportedly told a conference last weekend that HMRC would not be "at all heavy handed in the first...

‘More spending must require more tax’

New Chancellor Rishi Sunak must raise taxes in his first Budget if the Government is to stick to its own borrowing rules. The Institute for Fiscal Studies (IFS) warned that "radical changes to taxes" are needed to increase funding for the NHS and social care. However,...

‘Steady decline’ in self-employed savers

The number of self-employed people actively saving into a pension has decreased steadily over the last decade, according to the Department for Work and Pensions (DWP). The annual automatic enrolment report, published yesterday, found that the number of self-employed...

Fake HMRC emails still a problem

To help people avoid phishing scams, the tax authority has issued an updated list of genuine contacts you might receive from HMRC in the coming months. The period from April to May is a particular hotspot because that's when tax rebates are processed, making fake...