We sat down with Energy Voice to talk IR35 repeal
IR35 was here, then it wasn’t, and now it’s back again, all in the space of a matter of weeks. So, where do we stand now? Well, we sat down with Energy voice to iron out the details. During the mini-budget revealed in September by Lizz Truss and Kwasi Kwarteng, the Government repealed the recent […]
Understanding your labour supply chain
Failing to take reasonable steps to ensure that the labour supply chain is legitimate and compliant is a huge risk to organisations. If not done correctly, this can potentially lead to legal, financial and reputational risks for businesses. These thorough checks don’t just protect your business, but also play an important role in protecting workers […]
HR sigh with relief at IR35 repeal – what now?
Last week, Brooksons managing director, Matt Fryer, sat down with HR magazine to discuss the IR35 repeal and its implications for HR managers. You can read the full article here, or keep reading for the key takeaways below: Lizz Truss sent shockwaves through the U.K. when she and Kwasi Kwarteng proposed a complete repeal of […]
How will the rise in inflation impact contractors?
It’s not breaking news that prices have been rising rapidly in the UK over the last year leading to inflation hitting a 40-year high, now comfortably sitting at 10.1%. This blog can’t do much to aid with the financial crisis the UK is facing, but we can provide some hope and advice regarding how we […]
Corporation tax changes from April 2023 – how does this affect your PSC?
The government has “U-turned” over it’s previous announcement to retain a flat 19% corporation tax charge on company profits – and has announced that a main rate of corporation tax of 25% from 1st April 2023 will go ahead.
Proposed IR35 Repeal scrapped
As you will be aware on 23 September during the “mini-budget”, the then Chancellor, Kwasi Kwarteng announced plans to repeal Chapter 10, ITEPA 2003 (also known as IR35 in the Public and Private Sector) taking effect from 6 April 2023. This meant that from 6 April 2023, contractors providing services via their own limited company […]
Can the company claim for repairs, tools and equipment and capital expenditure used in the performance of your work?
Generally, capital items are those items that will have enduring benefit to your limited company. Examples are computers, tools, office furniture and motor vehicles. If the items purchased are owned by the business, capital allowances will be claimed rather than the full cost being an allowable expense in the year of purchase.
What expenses can I claim when working from home?
Your company can reimburse you for a flat rate weekly payment of £6 ( £312 per year) – if you meet the criteria for working from costs.
5 common mistakes made in IR35 mock investigations
‘Mock investigations’ are becoming increasingly popular with our clients as businesses begin to put their IR35 solutions to the test. Mock investigations allow your organisation to see potential pain points in your IR35 solution before it’s too late. In the event of an HMRC investigation, these simple checks will provide peace of mind that processes […]
Recruiters, here’s what you should be telling your clients about IR35
Now we are more than 16 months on from the new IR35 rules being implemented, are you reengaging with your clients to assess how they are getting on? Many agencies were very proactive in the run up to the change in legislation, but now there is an opportunity to provide further advice and suggest better […]