Over-65s face social care ticking time bomb

The number of people needing social care in later life is on the rise, but worryingly low numbers of people have made any provision to pay for it. Recent research from the Association of British Insurers (ABI) showed only 10% of over-65s have planned to pay for social...

HMRC gives the green light for IR35 extension

HMRC is pressing ahead with extending IR35 rules to the private sector from April 2020, despite several industry bodies calling for more time. Bodies like the Association of Chartered Certified Accountants (ACCA) had called for a one-year delay to provide enough time...

Government plans to reform statutory sick pay

Small employers may be offered a sick pay rebate for effectively managing workers on sickness absence, under proposed reforms to statutory sick pay rules. The Government is looking at extending eligibility for statutory sick pay to workers earning below the current...

Capital gains tax changes to hit homeowners

More landlords and owners of second homes could have to pay capital gains tax on the sale of their additional property from April 2020, following a change to private residence relief. Private residence relief allows people to sell their main residence without...

HMRC presses on with IR35 in the private sector

The Government has published draft legislation on tax changes affecting private sector contractors from 6 April 2020. The off-payroll working rules, also known as IR35, are aimed at preventing work that HMRC regards as "disguised employment". IR35 was reformed in the...