In recent weeks and months I have written to you to enlist your support in opposing measures which would harm the UK’s smallest businesses: the toughening up of IR35 and the restriction of travel and subsistence tax relief.
IPSE, the Association of Independent Professionals and the Self Employed, have reacted to announcements contained within the Chancellor’s Autumn Statement address.
IPSE Chief Executive Chris Bryce said:
When you are in permanent employment, your income tax and National Insurance (NI) contributions are automatically deducted from your wage and paid straight to HMRC. So what happens if you’re receiving other income that has not yet been taxed?
IPSE are hugely worried by reports that appeared at the end of last week and we are once again calling on our members to urgently raise the issue with their MP.
Twitter Chat with Intouch Accounting - 'Self-Assessment Tax Returns: What do you owe and what should you know?’
#SATR Twitter chat: Thursday 19th November: 12-1pm.
For those self-employed struggling to deal with the new VAT legislation for digital sales (VAT MOSS in the online vernacular), discussion around possible changes to the legislation has seemed like a never-ending saga.
Mike Phillips, Marketing Director of ItsInternational and expert on contracting gives his perspective on how you should deal with international tax hurdles.
One of the most confusing things that small business owners have to deal with is the fiddly issue of tax.
Government changes to Travel and Subsistence allowances will have grave consequences for the UK’s 4.5 million self-employed.