news

The latest news affecting contractors in the UK. Featuring the state of the contractor job market, IR35, and umbrella companies.

Can’t Pay? HMRC Will Eventually Take It Away

Money laundering and VAT fraud were two crimes committed by a Preston man way back in 2015. HMRC were not impressed.

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Glasgow Woman Left “Gobsmacked” After HMRC Insult

When you call the HMRC helpline you expect to be greeted with a friendly adviser at the other end of the line. Don’t you? Not always.

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Making Tax Digital Makes a Comeback

We all thought making tax digital had been shelved. Officials at HMRC had apparently “pulled the plug” on the idea.

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Accountant Jailed for 21 Months

An accountant who described himself as a “defender of human rights” has just been sentenced to 21 months in the slammer.

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44% of Contractors Owed Up To £60,000

There is nothing worse than putting your sweat and tears into a project, only to be “stiffed” when it comes time to getting paid.

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In YOUR Bank Account? HMRC Could Gain New Powers

If the tax man comes a knocking then under current rules they need permission to look in your bank account. No More! Potentailly…

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“Toughen Up” Say The HCPAC

In a recent meeting the HCPAC (House of Commons Public Accounts Committee) came up with two words…”Toughen Up!”

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60% of Contractors “Unmoved” By Brexit

If you thought Brexit would turn the world upside down for British contactors, then think again…most are very much “unmoved.”

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Accountant Jailed and Then Banned by FCA

Not a week goes by without stories of accountants getting themselves into trouble, both inside and outside the office.

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Messi Tax Situation Gets Messy

Last year I reported on Lionel Messi and his tax situation with Spanish authorities. Millions in unpaid tax was the story in the headlines. 

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“The Best Kebab in Town!” Said The Accountant

There was a small kebab shop in Camden where (legend has it) accountants lined up to enjoy the best kebab in town.

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500,000 Could Pay “Top Whack” Tax Rate

If you thought top rate income tax was just reserved for the rich and famous, then think again, as experts warn it could affect half a million.

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UK Contractors Are “In The Line of Fire” – Yet Again!

Regular readers of this blog will be well aware of the vendetta against ordinary and hard working contractors. They are always “in the line of fire.”

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Remote Contracting Jobs in Demand (Six Figures)

If you don’t enjoy going into the office every day then a remote contracting job may seem like the perfect choice. Where do you find them though?

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  • Switch Accountants for FREE

    Switch Accountants for FREEAt K&B Accountancy Group we have introduced a simple and straightforward approach to changing accountants. We’re offering contractors, consultants and freelancers the opportunity to switch to K&B Accountancy Group for FREE without the need to pay for any ‘catch up’ or retrospective accountancy fees for the previous year’s accounts and corporation tax return* *T&Cs apply

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