From April 2021, reforms to IR35 - otherwise known as off-payroll working - now also apply to the private sector. It's a move that could make claiming Entrepreneurs' Relief the next step for many businesses. Medium and large-sized private sector businesses are now responsible for determining the IR35 status of their contractors. Workers who fall inside of IR35 must have Income ...read more
Howlader & Co Blog
If you are thinking about working as an IT contractor, we highly recommend you seek professional financial advice from an accounting company such as Howlader & Co, specialist contractor accountants London. We can help with things like setting up a company, ensuring that all your obligations are met on time (such as annual ...read more
NI Holiday This “holiday” scheme started last Monday (6 September 2010), so HMRC clarified matters. The scheme only applies to:
- The first 10 employees employed in a business during the first trading year. If an employee leaves in this time, his “place” can’t be taken by another.
- Earnings paid to employees on or after 6 September 2010, where his/her first year expires