IR35 rule changes pose a significant challenge for limited company contractors that work closely with their clients. If you’re a contractor, there is a strong chance that you will be caught out by IR35 if any of the following statements…
Rumours about the future of Capital Gains Tax and Entrepreneurs’ Relief mean that any limited company contractor that will be affected by IR35 rule changes in April should strongly consider closing their limited company as soon as possible. The Chancellor…
If you are a contractor planning to close down your solvent limited company (PSC) then depending upon how much cash there is left, using a Members Voluntary Liquidation (MVL) could be the most tax-efficient way and save you thousands of…
The number of people facing insolvency is on course to reach the highest level for almost a decade in 2019, after an annual increase of more than 22% in September. Company insolvencies also increased for the third consecutive quarter at…
A business debt charity has revealed how it helped thousands of self-employed people struggling with debts of £10,000 or more last year. Business Debtline said that half of the small business owners and self-employed people it helped in 2017 had…
Accountants are preparing for a fresh wave of limited company closures in early April when the long-dreaded IR35 reforms for Public Sector Contractors take effect. From 6th April 2017, the way that IR35 legislation is applied in the public sector…
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