IR35 and Umbrella companies

Umbrella companies have been around for many years.  They basically combine the job insecurity of the self-employed with the high taxes of an employee under PAYE – but they have been ‘popular’ because they allow the hirer to pay a worker in a way that helps them...

The Triple Tax Lock and why it is bad for taxpayers

In November 2019, Boris Johnson announced that he was freezing income tax, VAT and National Insurance for five years.  It was a key part of the Conservatives’ manifesto and echoed legislation brought in by David Cameron in 2015. The point of the Triple Tax Lock...