Emergency Budget - What can contractors expect? June 16th 2010
What should contractors and other small business owners expect from the Budget next week?
In this section, you'll find contracting and tax guides, and updates.
What should contractors and other small business owners expect from the Budget next week?
We have launched an online shop, providing highly competitive contractor insurance quotes, and an IR35 contract review service.
The new Chancellor will deliver his first budget on June 22nd
Now that we have a Conservative / Liberal Democrat coalition government, what type of tax changes can we expect?
A long-running IR35 status case between HMRC and an IT contractor company, has ended after the tax authorities agreed not to pursue the directors in return for just £129.79, following 7 years of hearings.
Entrepreneurs' relief allows business owners to pay a lower rate of capital gains on the proceeds of business sales. What conditions have to be met in order to qualify?
The Conservatives have promised to review IR35 as part of an overall review of small business taxation, should they be returned to power at the General Election.
New VAT rules come into effect from 1st April 2010. New limited company contractors will need to submit their VAT returns, and make payments, online.
In the end, Budget 2010 turned out to be of little interest to the contracting industry in particular.
The Chancellor has announced that the pre-election Budget will be announced on 24th March.