Tax
Too unruly for the Office of Tax Simplification to handle, IR35’s red blemishes are being covered over by a sticking plaster. Following publication of the Office of Tax Simplification’s review of small business tax, the government has decided to retain IR35 as abolition would apparently put substantial tax revenues at risk. The government promises improvements [...]
Continue reading about Is IR35 starting to show signs of adolescence?
Promised simplification of the UK’s tax regime and financial incentives for small businesses are two key notes arising out of the eagerly awaited Emergency Budget. The rest is “TBA” with technical details to be fleshed out later. In the SME IT arena the Budget Report indicates tax breaks around Intellectual Property and R&D tax credits. [...]
Continue reading about Has the “sun set” on the IR35 Horizon?
