ContractorUK Awards

We have been nominated for the ContractorUK Awards 2016!

As the end of the year approaches, it is a special moment to reflect upon the achievements of the past year. With that in mind, we are pleased to inform that both K&B Accountancy Group and Cloud9 Umbrella have been nominated in the ContractorUK Awards for the Best Contractor Accountant (Small/Medium) Award and Best Umbrella…

Autumn Statement 2016

Autumn Statement 2016: how will this impact recruiters and their temporary workforce

So Philip Hammond has now released his Autumn Statement 2016, his first as Chancellor; and it has come as little surprise that the contracting industry will be significantly impacted after the announcements made on Wednesday 23rd November. Although the Chancellor did not vocalise these changes during the speech itself, there are a number of proposals…

Cloud9_Umbrella_Autumn_Statement_2016_Featured

What does the Autumn Statement mean for contractors?

As Philip Hammond delivered his first (and his last) Autumn Statement as Chancellor of the Exchequer, our sister company K&B Accountancy Group summarised the main announcements relating to contractors: 1. VAT Flat Rate Scheme (FRS) A new Vat flat rate of 16.5% will be introduced from April 2017 for contractors who have little expenses. For…
Festive and Annual Event Expenses

Festive and Annual Event Expenses

As we are now just a month away before the holiday season starts, our sister company K&B Accountancy Group experts answer the most commonly asked questions about festive and annual event expenses for contractors with their limited company: Q. Can my limited company claim festive or annual party as deductible expenses for corporation tax purposes?…

Cloud9_Umbrella_IPSE_Autumn_Statement_Predictions

IPSE’s Autumn Statement Predictions

Simon McVicker, Director of Policy and Public Affairs: This Autumn Statement promises to be the defining moment for the new May Government. Chancellor Philip Hammond will have to outline his vision for the UK economy post Brexit. Intrinsically Philip Hammond is considered a more fiscal conservative than it seems Mrs May is after her interventionist…

HMRC Intermediary Reporting Deadline

HMRC Intermediary Reporting Deadline is 5th November

Winter is coming, and so is another HMRC deadline. The government introduced the Onshore Employment Intermediaries legislation in April 2014 to stop the use of false self-employment models where workers and employers may be avoiding paying tax and where the employer also avoids their other employment responsibilities. For the period 6th July to 5th October,…