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Budget Changes 22 June 2010

See Bulletin No 48

Note: Because not yet all is fully known, this site's taxation pages may not have been fully updated. 

HM Revenue & Customs IR35 regulations and "Novasoft"

Heard before a tax tribunal, the Novasoft case had some extra-ordinary features.  Despite apparently failing just about all of the tests to see that Novasoft was outside of the regulations, the company won an appeal. 

It seems to the writer, that unless HM Revenue & Customs can overturn the verdict, the regulations will become applicable to only the rarest of cases. 

Full detail (incl.20 page PDF document) can be found at www.financeandtaxtribunals.gov.uk/Aspx/view.aspx?id=4822

(15/05/2010) 

Staff - keeping them on

An idea from staff agencies:  If you would otherwise have to make a good employee redundant, how about "renting him out" to a temporary staff agency?  You would keep him on your payroll and charge the agency for the services that he provides to their clients.

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ACCOUNTS

We should have dealt with, or be dealing with any yearly Accounts, dated up to 31 October 2009.

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