budget

Autumn Budget 2024 – Umbrella Company Tax Reforms

Background As announced by the Chancellor of the Exchequer, Rachel Reeves, in the Autumn Budget 2024, the government will be introducing new legislation, from April 2026, to combat non-compliance in the umbrella company market. Umbrella companies are employment intermediaries who employ temporary workers on behalf of agencies and/or end clients. The workers’ services will ultimately […]

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UK mini-budget 2022

In delivering his mini-budget 2022 (referred to by the government as its “Growth Plan”), the Chancellor has announced a wide ranging series of tax cuts and reforms, with a focus on incentivisation, investment and making Great Britain more competitive on the global stage. Key employment and pensions related announcements include the following: IR35 In a

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