Monthly Archives: March 2020

Prepare for changes to the off-payroll working rules (IR35)

From April 2020 the rules for engaging individuals through personal service companies are changing. The responsibility for determining whether the off-payroll working rules (sometimes known as IR35) apply will move to the organisation receiving an individual’s services. This advice will help your organisation prepare before the changes come in. How to prepare Look at your…

Income Tax rates and allowances for current and past years

How much Income Tax someone pays in each tax year (from 6 April to the 5 April the following year) depends on: how much of their taxable income is above their Personal Allowance how much of this falls within each tax band Personal Allowances The Personal Allowance is the amount of income a person can get before they pay…