25th Nov 2015

Autumn Statement

Refer back to our budget report for some of the more radical stuff.

The big news of course is the U turn on the tax credit cuts, which I’m sure is welcome news for many.

In a wave of alliteration, the tampon tax set the tone on twitter.  However the only expected big-ticket tax item was a tightening of the noose around contractor – or ‘personal service’ companies.  One option was that anyone working through a PSC (by the way, there is no such organisation type in statute) would need to be moved onto the payroll of the end client if working for longer than a month.  So did he or didn’t he?  Here goes…
 

Read our full report here… Blu Sky – Autumn Statement 2015