With losses escalating to £1 billion per week, the extent of this exploitation equates to the “biggest fraud in British history”, David Clarke, Chairman of the COVID-19 Fraud Watch Task Force. Since the start of the pandemic, the government has forked out in excess of £54 billion towards COVID-19 relief schemes to support businesses and individuals across the UK. Among these Government initiatives include:The Coronavirus Job Retention Scheme (CJRS) otherwise known as Furlough … [Read more...]
Know your IR35 status
Does your payroll include self-employed workers, contractors or consultants? A small piece of legislation is set to have a large impact on businesses. Understanding your IR35 status may save you from back paying unpaid tax. From the 6th April, 2021, all public authorities and medium to large sized businesses will be responsible for deciding the employment status of workers. Failure to comply could result in hefty workers tax and National Insurance shortfalls becoming the employer’s … [Read more...]
The Sun Doesn’t Always Shine
IR35 Autumn Statement Public Sector (let's not forget the Private Sector) April 6th legislative change Apprenticeship LevyNot only have the above words been searched countless times on google, been on a plethora of agendas, they remain areas constantly being discussed.No longer a question of when or if the changes will be implemented or even delayed, the legislative landscape has changed – with changes implemented 6/4/17. If you’re not on the front foot now, there is still time, … [Read more...]