Money News

Freelancers, be wary of HMRC benchmark letters

The Revenue's risk assessment is moving out of the shadows and into taxpayers' letterboxes.

Jul 27, 2014 | Money News

HMRC gives up on £3bn in uncollected tax

Neglect and write-offs are how the government treats money it's owed, say MPs.

Jul 21, 2014 | Money News

Freelancers' Questions: Can I jump from renting to buy-to-let?

Reassurance for a freelancer who doesn’t want to live in the first property he buys.

Jul 10, 2014 | Money News

British Business Bank assists more than 30,000 small businesses

Cable's business bank has lent nearly £800m to SMES in its first year, funding start-ups and growing UK businesses.

Jul 1, 2014 | Money News

Freelance-friendly late payment plan 'should go further'

Legislation touted as the end game if the state is serious about helping unpaid suppliers.

Jun 19, 2014 | Money News

Freelancers' Questions: Any advice now that Dr Samadian isn’t appealing?

When travel costs as a self-employed freelancer are and aren’t deductible.

Jun 8, 2014 | Money News

No wonder HMRC isn't trusted to sell our ‘anonymised’ data

Taxpayers can only hope that the Revenue succeeds where the NHS has failed.

Jun 4, 2014 | Money News

HMRC nets a record £23.9bn in tax revenue

Taxman hails his best year ever, in terms of getting people to pay what he says they owe.

Jun 3, 2014 | Money News

Britons finally freed from working for Osborne

'Chancellor deserves some credit, but paying the tax he levies still takes almost five months.'

May 28, 2014 | Money News

Taxman trebles his use of debt collection firms

A more aggressive HMRC has doubled its total spend on three times as many bailiffs.

May 22, 2014 | Money News

HMRC takes an extra £1.8bn from VAT abusers

A more aggressive approach with smaller firms is paying dividends for the VAT man.

Apr 9, 2014 | Money News

Freelancers, sit tight on home-to-work travel expenses

Onus is on HMRC, or the courts, to clarify when and what freelancers can claim.

Mar 31, 2014 | Money News

Freelancers' Questions: Will Budget 2014 hit my personal finances?

'Mortgages, pensions and avoidance are where the chancellor shouldn't tinker.'

Mar 18, 2014 | Money News

Freelancers' Questions: What are Payments on Account?

Don't just accept that the payment on account is correct, as it's only an estimate.

Feb 18, 2014 | Money News

Freelancers’ Questions: Will being VAT-registered benefit me?

'Other than having to charge clients more, registering for VAT looks like a safe bet.'

Jan 12, 2014 | Money News

Top 10 oddest excuses for sending in a late tax return

Revealed: the most bizarre, exotic and flimsy excuses used by tardy taxpayers.

Jan 10, 2014 | Money News

HMRC worker who fleeced tax credits jailed

Another female tax official sent down - for 18 months after swindling £93,000.

Nov 24, 2013 | Money News

Universal credit rules for self-employed under fire

Revise the pilot, ministers told, to stop self-employed claimants being worse off.

Nov 17, 2013 | Money News

Taxman to offer opt-out from self-assessment

Online tax accounts to replace full returns for 1.7m self-assessors.

Nov 6, 2013 | Money News

VAT man's online-only rule ruled as unlawful

Tax tribunal finds HMRC breached the human rights of three small business owners.

Oct 6, 2013 | Money News

How small suppliers can break the late payment cycle

Exploit 'The Recency Effect' to get paid within five days, not 21.

Aug 15, 2013 | Money News

School children ‘should be given tax lessons’

Government urged to cover the likes of PAYE and IR35 in the classroom.

Aug 12, 2013 | Money News

Online tool demystifies where taxpayers' money is spent

Web widget lays the government's books open for public scrutiny.

Aug 1, 2013 | Money News

GAAR’s arrival signals 'long period of tax uncertainty'

Tax arrangements that ‘cannot reasonably be regarded as reasonable’ officially outlawed.

Jul 17, 2013 | Money News

Taxman told to collect £1bn extra

Ensuring people and firms pay the 'right amount' of tax to return £24.5bn in 2015-16.

Jul 2, 2013 | Money News

Finding your voice when your client fails to pay

It's the client who's being rude by not paying, not you who's being rude by asking.

Jun 25, 2013 | Money News

How a single receipt can save you tax

Expert aid for ‘on-business’ freelancers whose train fare comes out of their own wallet.

May 29, 2013 | Money News

5 tips to stay on top of your freelance expenses

Forking out personally for your business doesn’t have to equal cash, tax or pricing problems.

May 22, 2013 | Money News

Flat-rate state pension 'will benefit the self-employed'

Osborne was right to say the Single Tier Pension will help the self-employed – ClearSky.

Apr 9, 2013 | Money News

Why late-paid freelancers can now claim more money

Chasing clients over overdue invoices just got more lucrative – Safe Collections.

Apr 2, 2013 | Money News