Umbrella company workers face higher NIC increase People working within an umbrella company will see a 2.5% increase on their National Insurance contributions (NICs) as they will have to pay for both the employee and employer levy The Freelancer & Contractor Services Association (FCSA) has highlighted that according to HMRC’s current guidance on umbrella…
IR35 saga in public sector In the ongoing saga over IR35 in the public sector, two more government departments are facing multimillion pound tax bills for non-compliance The latest annual reports for the Ministry of Justice (MoJ) and the Department for Environment, Food and Rural Affairs (Defra) show that both departments owe millions of…
IR35- 2nd appeal lost for £70k tax A Nationwide IT contractor has lost his second appeal in an IR35 tax case against a £70,000 tax bill for work conducted at the bank and building society. Robert Lee, an IT contractor who project managed for Nationwide Building Society through his company Northern Lights Solutions Ltd…
