Liberty Bishop Autumn Budget 2017 Philip Hammond

Autumn Budget 2017

The first Autumn budget for twenty-one years was not the happy occasion most had wished for. The Liberty Bishop team have gone through the Chancellor’s statement with a fine tooth-comb and picked out the highlights just for you! Here are our takeaways from a bit of a gloomy budget: Personal allowances rose (great news), but [...]

Posted by Samantha Reardon on November 24th, 2017
payday game

Contractor payday: What’s next?

Umbrella companies have taken a bit of a battering in recent years; the restrictions placed on claiming travel and subsistence expenses and changes to salary sacrifice rules have meant that, for the vast majority of umbrella company contractors, the umbrella route is no longer a way of reducing ones tax liabilities. Instead the umbrella solution [...]

Posted by Wesley Scott on August 25th, 2017
tax evaders1

NEW LAW – Recruiters to Prevent Tax Evasion

On 30th September 2017 a new criminal offence comes into force via the Criminal Finance Act. The new criminal offence is one of failing to prevent the facilitation of tax evasion. For a business to be liable under the new offence, there must have been two criminal offences under the existing law: A criminal tax [...]

Posted by Wesley Scott on August 8th, 2017
webinar

Webinar discussions

  We know it’s hard to keep up with all the legislative adjustments and read through all the technical jargon at times! We plan to host a new series of webinars (online seminars) covering hot topics of the moment and industry updates. Quite honestly it’s not something we have completed before, but as we have [...]

Posted by Wesley Scott on March 9th, 2017
coffee morning

Discuss IR35 over a coffee – Contractor registration

  Important changes to tax legislation which may affect you and your Ltd company. From the 6th April 2017, the way in which IR35 legislation works will be changing for those Limited company contractors that provide services to public sector bodies. Post-April, it will no longer be the responsibility of the Limited company to determine [...]

Posted by Wesley Scott on January 19th, 2017
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OFF-PAYROLL WORKING IN THE PUBLIC SECTOR

LATEST INFORMATION BASED ON THE “SUMMARY OF RESPONSES” AND “TECHNICAL NOTES” PUBLICATIONS (PUBLISHED 5TH DECEMBER 2016) General summary of changes due in April 2017 The off-payroll rules (often referred to as IR35 or the intermediaries legislation), are designed to ensure that individuals who work through their own company (PSC) pay employment taxes in a similar [...]

Posted by Wesley Scott on December 7th, 2016
seminar

Off Payroll – Public Sector Seminar

To attend our free seminar on the forthcoming legislation: “Off-payroll working in the public sector: reform of the employment intermediaries (IR35)”  legislation. Specifically aimed at recruitment businesses that supply freelance workers to the public sector, our seminar offers an ideal opportunity for directors and department managers to get to grips with the new legislation and discover [...]

Posted by Wesley Scott on November 10th, 2016
Little britain

Prepare for changes ahead of IR35

Following the round table discussion meeting with HMRC last week, frustratingly we get the feeling not a lot is going to be amended regarding the forthcoming “Off-payroll working in the public sector: reform of the employment intermediaries legislation (IR35)” HMRC confirmed they aim to release the draft legislation document for the Autumn Statement, which is [...]

Posted by Wesley Scott on September 14th, 2016
EU Puzzle

UK Exit the Union

Today, Friday 24th June 2016, is a monumental day in the course of our countries journey towards the future. As a nation we have taken the first step along a new path. We did not all vote in favour of taking this new step and the UK is almost evenly split on the issue. Regardless [...]

Posted by Wesley Scott on June 24th, 2016
Tipex

HMRC Amend the T&S Error

  HMRC have published an amendment to Clause 14 of the Finance Bill 2016 to correct the error that they originally made whereby the umbrella company test of Supervision Direction and Control (SDC) was effectively replaced by an assessment of wider employment status issues. Crucially, this change is being applied retrospectively and backdated to 6th [...]

Posted by Wesley Scott on June 16th, 2016