New IR35 Legislation to hit the Private Sector in April 2020. How will this affect your Personal Services Company (PSC)?

New IR35 Legislation to hit the Private Sector in April 2020. How will this affect your Personal Services Company (PSC)?

On July 11th 2019, the government published draft legislation for the Finance Bill 2019/2020 that will extend the current IR35 ‘off payroll’ reform to the Private Sector from 6th April 2020. The UK’s current IR35 legislation ensures that two people working side by side in similar roles for the same end client, should pay the same employment taxes. The key differences in the new legislation Read more…

New IR35 Legislation to hit the Private Sector in April 2020. How will this affect your business?

New IR35 Legislation to hit the Private Sector in April 2020. How will this affect your business?

On July 11th 2019, the government published draft legislation for the Finance Bill 2019/2020 that will extend the current IR35 ‘off payroll’ reform in the Public Sector to the Private Sector from 6th April 2020. The UK’s current IR35 legislation ensures that two people working side by side in similar roles for the same end client, should pay the same employment taxes. The proposed implementation Read more…

Hiding Assets from the Trustee in Bankruptcy – There should be no Hiding Place!

Hiding Assets from the Trustee in Bankruptcy – There should be no Hiding Place!

In my recent article with respect to individuals applying for bankruptcy online, dated 4 April 2016, I reported that the Insolvency Service must be vigilant with respect to abuse. In particular it is a debtor’s duty is to provide the Official Receiver or Trustee with details of all known assets property. Failing to do this is an offence, under Section 354(1) of the Insolvency Act Read more…