English football referees’ v HMRC: Top UK court dismisses £584,000 tax appeal Legal The Supreme Court has dismissed an appeal from the football refereeing body regarding the employment status of 60 referees after the body was hit a £584,000 tax bill. HMRC hit Professional Game Match Officials Limited (PGMOL) with the tax bill after it determined it should have paid taxation and National Insurance payments for the tax [...]
Rugby commentator Stuart Barnes loses £700,000 IR35 case against HMRC Legal Former Sky Sports rugby commentator Stuart Barnes is the latest celebrity to be stung by IR35 after a top tax Tribunal overturns his appeal to foot a near £700,000 bill to HMRC.
British celebrities vs HMRC IR35: What is going on? LAW Yet another famous name has been in the headlines this past few weeks over issues with the tax authority over IR35. So what exactly is happening to British presenters and why is HMRC after them?
Could Reform become the party of business? June 26, 2024 The Conservatives have damaged their reputation as the party of enterprise, leaving the field wide open for Reform to seize the free market agenda, says James Price This being a family-friendly newspaper, I will have to be judicious when quoting a certain ex-Tory Prime Minister’s response to businesses’ concerns about Brexit. “F*** business” was certainly [...]
Spring Budget 2023 fails contractors, freelancers, agency workers (and the country as a whole) March 21, 2023 Jeremy Hunt’s first budget met expectations. ‘Dammed by faint praise’ fits the bill when best trying to articulate the frustration felt at yet another in a long list of missed opportunities. For those working in compliance and contingent employment, across the contracting sector, the failure is stark and can be charged on two counts. First [...]
EXCL – Sunak should lower national insurance in 2023, argues jobs chief December 28, 2022 With inflation having reached a 40-year high this year and the economy predicted to shrink in 2023, City A.M. zooms in on the volatile, hyperactive UK jobs market by checking in with Paul Farrer, the CEO and founder of London-based recruitment giant Aspire. Sitting down with this paper today, Farrer calls on the new Prime [...]
Government to spend tens of millions more to crack down hard on tax fraud December 9, 2022 The Autumn Statement revealed that the government will spend an additional £79m to fight tax fraud in the next five years, as HMRC is promised greater resources to tackle the tax gap. This marks a 27 per cent increase on the £292m investment announced at last year’s Budget. Through the extra £79m, HMRC expects to raise an [...]
UK borrowing costs tumble after Hunt shreds Truss’s mini budget October 17, 2022 UK borrowing costs scaled lower today after new chancellor Jeremy Hunt ripped up prime minister Liz Truss’s tax cutting mini budget. The yield on the 30-year UK gilt, which has suffered heavy selling since the mini budget last month, fell around 40 basis points to 4.33 per cent. Rates on the 2-year and 10-year UK [...]
Hunt ditches ‘almost all’ of Truss’ tax cuts as chancellor bins mini-Budget October 17, 2022 Jeremy Hunt has binned “almost all” of Liz Truss’ mini-Budget, while also announcing that the UK’s energy bills freeze will only be universal until April. The new chancellor confirmed more of Truss’ tax cuts have now been overturned – including the planned cut to the basic rate of Income Tax – in a bid to [...]
Truss vows to slash taxes for SMEs and to unleash ‘business revolution’ August 21, 2022 Liz Truss has promised to slash taxes for British SMEs and unleash a “business revolution” in the UK if she is crowned Prime Minister next month. Truss said that her government would “back business to deliver” and “stop putting so much red tape, so much tax on business”. The foreign secretary told The Sun On [...]