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Business News

Contractor Loan Schemes: HMRC Deadline Extended

June 13, 2018

Tens of thousands of contractors and self employed freelancers are currently facing bankruptcy in order to settle their tax affairs. This is the result of them using what HMRC consider to be ‘disguised remuneration’ schemes that were popular back in the early 2000’s. Many arrangements involved complex tax avoidance strategies and included the use of employee loans and offshore trusts. Many were marketed as being ‘HMRC compliant’ or ‘HMRC approved’ but the reality was that such statements were a fallacy.

Contractor Loan Schemes: HMRC Deadline Extended

Major changes in 2018 - Which is best for me Childcare Voucher Scheme Vs Tax-Free Childcare?

May 25, 2018

From the 4th October 2018 the well regarded Childcare Voucher Scheme will close to new applicants. If you already use Childcare Vouchers don’t panic as you won’t be affected. You can continue to use the scheme providing your employer continues to offer it and you remain employed with them. If it’s something you have been considering doing and will benefit you more than the Tax-Free Childcare, then don’t delay and join before October so you don’t lose out!

Major changes in 2018 - Which is best for me Childcare Voucher Scheme Vs Tax-Free Childcare?

Three Employment Law Changes happening in April

April 23, 2018

April traditionally sees the end of one tax year and the start of the next one. This is usually accompanied by a raft of new updates and legislation from the government and April 2018 is no exception. Here are three major changes affecting UK employers coming into force this month.

Three Employment Law Changes happening in April

Carrington Accountancy - New Website

November 3, 2017

We are delighted to announce the launch of our new website!

Carrington Accountancy - New Website

Directors National Insurance Payments

September 21, 2017

Outlining the key differences between how and when company directors pay National Insurance on their salary compared to other staff.

Directors National Insurance Payments