Monthly Archives: July 2015

The end of the road for Reed case?

The Court of Appeal has given its decision in favour of HMRC in the case of Reed Employment plc, allowing HMRC to claim £158m of unpaid PAYE and NIC’s.  The case covers whether payments made to employees under arrangements relating to travel expenses were taxable earnings and subject to PAYE and NIC. Reed supplied temporary […]

Read More

JSA’s Head of Accounting Operations shortlisted in AccountingWEB Practice Excellence Awards

Chris James, Head of Accounting Operations at JSA, the leading provider of specialist accountancy, payroll and employment services to contractors and freelancers, has been shortlisted in the ‘Technology Champion’ category, in the Practice Excellence awards, run by AccountingWEB. The annual Awards recognise and celebrate the excellence of accounting practices and individuals across the UK, with […]

Read More

Summer Budget 2015

So the much trailed Summer Budget has arrived. Unfortunately, like a traditional British summer, the news for the freelancer and contractor market was very mixed. The expected limitations on the claiming of travel and subsistence for Umbrella workers on an overarching contract of employment were confirmed. Less expected was an application of the same rules […]

Read More

How safe is my company money? – update

UPDATE: On 3rd July 2015 the Treasury announced that the amount per person and per banking licence protected will be reduced from £85,000 to £75,000, and this change will happen on 1 January 2016. This is because the amount is designed to be equivalent to approximately €100,000, and the exchange rate of sterling is stronger […]

Read More

How safe is my company money?

The fscs (Financial Services Compensation Scheme) is the body that covers people’s deposits in banks, in case those banks fail. The rules are broadly that if you have £85,000 or more in a UK bank, and it fails, the first £85,000 is protected – you’ll not lose the money. You might have to be careful […]

Read More