Spending cuts hit the Treasury
Contractor Accountants, 02 September 2010
The Treasury is set to lose around 25% of its workforce due to the Chancellor’s spending cuts.
Will workplace parking levy affect contractor accountants?
Contractor Accountants, 01 September 2010
The Forum of Private Businesses is opposed to the plans of a number of councils to introduce a tax on companies that provide parking for employees.
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HMRC should employ more staff as backlogs mount
Contractor Accountants, 31 August 2010
People who have just become self-employed will have to wait up to 8 weeks for their registration to be processed says HMRC.
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Calls for the simplification of contractor pensions
Contractor Accountants, 30 August 2010
Hargreaves Lansdown, the FTSE 250 investment company, partially backs the coalition’s proposals to change tax relief on pensions but suggests that further adjustments could make the system simpler.
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Everyone’s an expert
Alan Watts, 27 August 2010
Another frustrating week in the hunt for the next contract. It’s clear that there is still a fair bit of work out there for the taking. Sadly it’s also clear that there are an awful lot of people out there trying to take it and competition is very strong.
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Online accountants should be wary of negligence claims
Contractor Accountants, 26 August 2010
Professional advisers, including online accountants, have witnessed a massive rise in the number of negligence claims filed against them since the start of the recession.
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Will the UK Visa cap cause more functions to be outsourced?
Contractor Accountants, 25 August 2010
There’s been a lot said recently about clamping down on the amount of migrant workers allowed to enter the UK. Despite this, the latest CIPD/KPMG Labour Market Outlook report suggests that as the UK labour market improves, so does the employment demand for migrant workers.
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Are you confused by iXBRL computations?
Contractor Accountants, 24 August 2010
HMRC has published a guide for businesses and contractor accountants explaining how they need to comply with the iXBRL format computations for Corporation Tax online filing.
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Contractor accountants concerned about leasing changes
Contractor Accountants, 23 August 2010
A new proposal to change the way leases are accounted for on company’s balance sheets could have serious consequences for UK enterprises and contractors.
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Hector rides again
Alan Watts, 20 August 2010
You may recall a while back that Arctic Systems was major news. A case that was taken all the way to the House of Lords where, to the great relief of many, HMRC’s assertion that a husband and wife could not share the profits of their company was comprehensively thrown out.
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HMRC loses s660a dividends tax case
Contractor Accountants, 19 August 2010
Contractor accountants might be interested to hear that HMRC has lost their case against a couple who it claimed owed nearly £20,000 tax on four years’ dividends.
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Audit Commission to go, but is that a sensible move?
Contractor Accountants, 18 August 2010
The Audit Commission is to be scrapped, Eric Pickles, the communities minister, announced last Friday.
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