Umbrella company news and developments
Since the umbrella company consultation closed in August 2023, we have written several articles for ContractorUK on the topic, which we summarise here.
Since the umbrella company consultation closed in August 2023, we have written several articles for ContractorUK on the topic, which we summarise here.
HMRC’s revamped app provides a convenient and user-friendly way to access your details and help you manage your taxes. In this article, we explore the app and list some of the useful things that you can do in it - including several that may offer you important information about your finances and ...
Thousands of UK employees could face an unexpected tax bill this year due to a little-known quirk in the tax system, the Low Incomes Tax Reform Group (LITRG) has warned.
There are 53 Thursdays and Fridays in the 2023/24 tax year, rather than 52. If you are weekly paid and will be paid on Thursday 4th or Friday 5th April, then you may encounter a ‘week 53’ issue which could impact your tax position.
The beginning of 2024 saw much confusion over how so-called ‘side hustles’ are taxed. This was prompted by the introduction of new reporting rules for online platforms, which mean HMRC will get information about online sales of goods and services from next year.So where did the confusion come ...
We often get asked questions about UTR (Unique Taxpayer Reference) numbers. There is a lot of misunderstanding about what a UTR is and what it isn’t. For example, did you know that having a UTR does not necessarily mean someone is self-employed? Read on to find out more about what a UTR does and ...