Contractors and the VAT reverse charge
16 February 2024
From March 2021, many subcontractors and contractors in the ‘construction industry’ are subject to the VAT ‘reverse charge system’, as HMRC try to reduce VAT fraud by limiting the scope…
Contractors – the ‘IR35’ tax rules
13 February 2024
IR35 legislation can render your earnings subject to PAYE even though you believe you are effectively 'self employed', and can therefore cost you dearly if you don't know the rules.…