ITV’s £61m IR35 Provision: What Broadcasters Need to Know
ITV has announced it’s setting aside £61 million to cover a potential tax liability following a review of how it engages freelancers and contractors. The news comes as HMRC continues to focus heavily on IR35 compliance, particularly in sectors like broadcasting and media where freelance and contractor engagements are common. Why does this matter? If […]
Why HMRC’s CEST ‘Update’ Doesn’t Change the Compliance Risks for Your Business
Earlier this month, HMRC quietly refreshed its Check Employment Status for Tax (CEST) tool — a resource many organisations rely on to help determine whether contractors fall inside or outside IR35. But while the look and feel of the tool may have had a facelift, scratch beneath the surface and it’s clear that very little […]
Small Company Thresholds and IR35: What the 2025 Changes Mean for You
IR35 and the off-payroll working rules continue to evolve, and a key update is coming into play from 6th April 2025 – one that could affect thousands of businesses and the contractors they engage. HMRC has confirmed that changes to the Companies (Accounts and Reports) (Amendment and Transitional Provision) Regulations 2024 will increase two of […]
Understanding UK Stamp Duty And Changes From 1st April 2025
Stamp Duty Land Tax (SDLT) is a tax levied on property and land purchases in England and Northern Ireland. Buyers pay SDLT as a lump sum upon completion of the transaction. The amount depends on the property’s price and the buyer’s circumstances, such as whether they are home movers, first-time buyers, or purchasing additional properties. […]
Spring Statement – 2025
The Chancellor today presented her first Spring Statement, together with a report by the Office of Budget Responsibilities. As noted previously, the Chancellor confirmed that there will be only one fiscal event in the year, and as such, there were no further income tax and National Insurance increases today beyond those already announced in the […]
The Compliance Checklist for Fee Payers
Top 5 Risks of Non-Compliant Contractor Payments and How to Avoid Them
As the fee payer for contractors, your responsibilities extend beyond simply processing payments. Missteps in managing contractor payments—especially under IR35 regulations—can lead to severe consequences for your business. From financial penalties to reputational harm, understanding these risks is the first step toward safeguarding your operations. What is the Fee Payer, and Could It Be You? […]
Reflecting on 2024: Key Changes in Employment Legislation and Preparing for 2025
Businesses have had to navigate significant updates in employment law and tax regulations. From the critical Off-Payroll Off-Set changes to the broader implications of the Employment Rights Bill and shifts in compliance expectations, this year marked a turning point. As we move into 2025, companies must adapt and prepare for the evolving regulatory landscape. Off-Payroll: […]
Autumn Budget 2024
The Chancellor, Rachel Reeves, has announced her much anticipated Budget which contained £40 billion of tax rises. These tax rises will be used to fill an apparent “£22 billion black hole” in the country’s finances and drive growth in the UK economy. Looking at the positives, we expect to see significant Government investment in building […]
HMRC’s Hiring Surge: 5,000 New IR35 Investigators
In line with the government’s commitment to crack down on tax evasion and ensure compliance with UK tax laws, HMRC is set to hire 5,000 new investigators throughout the current government term. This significant recruitment drive, aimed at strengthening the HMRC’s investigative arm, will play a key role in identifying, investigating, and penalising tax fraud […]