HMRC have amended legislation for travel and subsistence expenses to support their intentions The introduction of the new legislative changes for contractors and the restrictions on travel and subsistence expenses has created a bit of a stir over the past couple of months. It has been brought to our attention that HMRC came across a…
Downloads Cloud9 Umbrella has created a wallchart for Euro 2016 so that you can keep track of results throughout the tournament. There is also a Euro 2016 sweepstake kit available – get your colleagues involved! Simply click on the buttons below to download the Euro 2016 gear. Please keep an eye on our social media…
“Cloud9 has successfully adapted their offerings to the new world and met Professional Passport’s updated compliance standards in light of all the recent changes”. Crawford Temple – Managing Director of Professional Passport Further to all the legislative changes that were introduced April 6th 2016, Cloud9 Umbrella is delighted to announce that we have been…
This article focuses on web tools and applications to increase productivity. These tools could have a major impact on the way you operate as a freelancer. Some, if not all, may not be relevant to your specific line of work. However, it is still fascinating to know what’s out there… Social Media Social media…
Umbrella or Personal Service Company? Contractors working through an umbrella company are unable to claim tax relief on travel and subsistence if they are subject to Supervision, Direction or Control (SDC). The change in legislation came into place on the 6th April 2016. With a large majority of umbrella workers previously claiming travel and subsistence,…
What has changed? The Spring Budget 2016 has confirmed there will be restrictions for contractors who are claiming travel, subsistence and accommodation expenses, starting from 6 April. From now on, Cloud9 Umbrella will have to assess all of our workers, and determine their Supervision, Direction or Control (SDC) status. This will help us ensure that…
It has been a turbulent year for contractors, especially those who work within the public sector and have been hit by the introduction of the “off-payroll” reforms in April. Now a storm of risky umbrella firms are luring temporary workers with promises of higher take-home retentions in a bid to sidestep the tax crackdown that’s…
It’s been just over a year since the Criminal Finance Act (CFA) was introduced 30th September 2017, which saw companies become criminally liable for any facilitation of tax evasion and tax avoidance schemes by any persons representing the company, and a recent Tax Journal has proposed that HMRC is ‘chomping at the bit to investigate.’ After…
Since the public sector reform in April 2017, we are still asked frequently by public sector contractors if they should continue using their own limited company or switch to an umbrella. The answer very much depends on each individual’s circumstances thus we would strongly encourage contractors to speak to us for tailored advice. Nonetheless, we…
The 2019 Loan Charge is HMRC’s next step in their crackdown on tax avoidance. They aim to recover unpaid taxes they deem to be owed by thousands of contractors who have used a disguised remuneration scheme. HMRC will be looking to collect payment for retrospective taxes from any individual who has used a disguised remuneration…
On 29th October 2018, Philip Hammond finally delivered the highly anticipated Autumn Budget 2018. After much speculation, it has been confirmed that IR35 reform will be extended to the private sector. Despite fears that the reform would be introduced in April 2019, the Chancellor of the Exchequer said the changes would not be implemented until April 2020.…
It has been announced that Chancellor of the Exchequer, Philip Hammond, on Monday 29th October, will present the 2018 Budget Statement. Many were expecting the Autumn Budget to be presented at a later date, but it has been brought forward to avoid clashing with any potential fall-out from the final Brexit negotiations. IR35 For…