28
Jul

HMRC Nightmares

We like to hope that nobody is so terrified of the big bad Revenue that they lie awake at night in fear of them, but those who are pounced upon

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27
May

IR35 Enquiries on the Increase = Need for Increased Protection

IR35, despite being a very important topic, is one rife with misinterpretation and miscommunication. FWA understand the genuine concern that IR35 is for contractors, and because of this have teamed

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19
May

Do I Need an IR35 Accountant?

With numerous different companies popping up ready to serve all the accounting needs of contractors, expertise on IR35 has become one of the benefits that accountants are readily promoting themselves

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28
Apr

The IR35 Business Entity Test…Have you taken it?

  In HMRC’s efforts to help contractors understand the legislation and give some guidelines to self-assess their status, the Business Entity Test was born. The test is a series of

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07
Apr

Are you an employee in disguise?

Contractors operating via a limited company are subject to the scrutiny of the IR35 legislation with the dreaded worst case scenario of being caught by the legislation, meaning that you

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22
Aug

Tempted by tax avoidance?

HMRC recently published a warning for people thinking about tax avoidance schemes – ‘Tempted by Tax Avoidance?’ A small minority are lured by the promise of large tax savings for

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21
Jun

The risks and future of EBTs… Part 2

What are the risks? The participants of EBTs that have been highlighted in many reports, tend to have gone into the schemes in good faith, often as a result of

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14
Jun

EBT schemes – HMRC continue to investigate… Part 1

During the past few months much has been reported of HMRC opening a large number of enquiries into the tax affairs of Contractors who do or have been operating

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10
May

Dividends and Shareholding

What are Dividends? Dividends are payments made to company shareholders from the profits of the company. If the company has not made a profit over a given period then it

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03
May

Important dates for the diary in May & June

May and June are important months in the calendar for accounting. This post will explain what dates are coming up and whether you need to do anything as a

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