HMRC Confirms April 2026 Umbrella Company Reform

HMRC has confirmed its intention to introduce new rules governing umbrella company engagements from April 2026, with draft legislation expected in July 2025. The proposed changes will bring joint and several liability for unpaid tax within labour supply chains where umbrella companies are involved. This means that end clients, agencies, and umbrella companies could all […]

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 […]

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 […]

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 […]