SPECIAL REPORT MPs, campaigners, contractors and small business owners across the country are outraged about the government denying them their call for a legitimate independent review of the Loan Charge Scandal as promised by Rachel Reeves, the Chancellor of the Exchequer. The Loan Charge and Taxpayer Fairness All-Party Parliamentary Group (APPG) speaks out and warns […]

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HMRC recently added four more tax avoidance schemes to its list of known promoters. While this should be positive news, it raises concerns about the effectiveness of HMRC’s anti-avoidance strategy. Qdos, a tax compliance expert, points out that despite identifying a growing number of schemes, thousands of contractors and freelancers remain at risk of non-compliance. […]

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The Liberal Democrats Manifesto released this week pledges to end retrospective tax changes such as the loan charge brought in by the Conservatives and review the Government’s off-payroll working IR35 reforms to ensure self-employed people are treated fairly. Tax, personal finance and contractor insurance experts give their take on the proposals and how they stack up […]

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Thousands Face Crushing Tax Bills After Following “Disguised Remuneration” Advice. Radio presenter Mariella Frostrup brings this harrowing dilemma to the wider public’s attention This week Times Radio presenter Mariella Frostrup spoke to Greg Smith, Conservative MP for Buckingham and co-chair of the Loan Charge All-Party Parliamentary Group, about the growing scandal surrounding contractor loan schemes […]

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Dave Chaplin, CEO of Contractor Calculator, shares his concerns about HMRC not using the data it has at its disposal to shut down tax avoidance schemes. Plus he answers Freelance Informer reader questions about the pending regulation of the umbrella industry to take place in April FI reader questions have been emerging following an ongoing government […]

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SPECIAL REPORT: THE LOAN CHARGE In a July session HMRC management including Jim Harra, the HMRC’s Chief Executive, was questioned by the House of Lords Economic Affairs Committee on the Loan Charge. The discussion spurred more questions than answers with one contracting expert suggesting after listening in to the discussion that the “loan charge breaches the rule […]

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