criminal finance act 2017 - recruitment agency - tax evasion liability - tax avoidance schemes

Criminal Finance Act 2017: 12 months on – what does this mean for your agency?

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…

IR35 myths

Busting IR35 myths: sorting the fact from the fiction

Have you heard a variety of claims about IR35 that seem to make sense but you’re just not sure if they’re true? We’ve rounded up a few common IR35 myths we’ve heard and want to debunk them for you. The legislation is complex as it is without these IR35 myths and assumptions being added to…

industry reactions to 2019 loan charge

Resounding industry disapproval regarding the 2019 Loan Charge

We recently published an article overviewing HMRC’s new legislation, the 2019 Loan Charge. The government claims this to be the next phase in tackling tax avoidance. However many have raised concerns about the harshness of the new bill. There are calls for the taxman to be compassionate and flexible towards those they are taxing as…

2019 loan charge

What is the 2019 Loan Charge?

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…

childcare vouchers

Childcare Vouchers due to close to new applicants

From the 4th October 2018, Childcare Vouchers will no longer be accepting new submissions. For Cloud9 Umbrella employees this is also known as the ‘KiddiVouchers’ scheme. What does this mean for existing members and those thinking of signing up? Find out below…   New members If you would like to begin receiving Childcare Vouchers you…

contract IR35 status review

IR35 – what should contractors look out for in their contract?

So you’ve secured a contract…great! But before you agree to take on any project, there are some points you should consider before signing on the dotted line. Particularly with the clampdown on IR35, every contract you are given should be read carefully to evaluate your IR35 status. Since IR35 is such a complex legislation, the…