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With Russia's invasion of Ukraine creating additional fiscal uncertainty in the UK and around the globe, economic growth slowed in February and, according to the Office for National Statistics, the UK economy is now only 1.5% above the pre-pandemic level in February 2020.
The Managed Service Company (MSC) legislation was designed to combat the perceived tax abuse by contractors who provided their services via a limited company of which they were one of a number of unconnected shareholders...
Changing accountants is far easier than most people think. Our Managing Director, Nigel Simmons FCCA, talks about how to change accountants quickly and easily and the protocols in place to facilitate this.
Initially established in 1999, the IR35 is tax legislation that aims to stop individuals from avoiding tax by supplying their services to clients through an intermediary, like a limited company, as Nigel Simmons explains in this video.