11 Jul 2015

A Budget Disaster for Contractors

An IPSE (the Independent association for Professionals and Self Employed) article I read the other day put it very succinctly when it said that contractors and small business owners must have woken up the day after the budget feeling like they had been mugged. The scrapping of the dividend credit scheme and the introduction of new...

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20 Mar 2015

Travel & Subsistence expenses – Budget 2015

In his budget speech, the chancellor disclosed that he intends to "crack down" on umbrella companies travel & subsistence expenditure.  What the detail says is as follows (our emphasis added): ...that the government will consult on detailed proposals to restrict tax relief for travel & subsistence for workers engaged through an employment intermediary, such as...

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