tax avoidance

Tax avoidance & the importance of compliant umbrella companies

Tax avoidance was once again at the forefront of the government’s agenda in the Autumn Budget. A topic that has been meticulously discussed, Philip Hammond announced during his speech on Wednesday 22nd November 2017 that “the Government is committed to tackling tax evasion, avoidance and aggressive tax planning.” We’ve already seen an increased focus from…

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…