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IR35 budget changes: Did Chancellor Rishi Sunak announce change to IR35 reforms?

| UPDATED: 07:53, Fri, Mar 5, 2021
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IR35 legislation is designed to assess whether a contractor is a genuine contractor rather than a ‘disguised’ employee, for the purposes of paying tax. Contractors who work through a limited company enjoy a level of tax efficiency. While they don’t normally get benefits employees enjoy such as holiday and sick pay, they have flexibility and greater control over their work. Some contractors and their clients try to take advantage of the tax efficiency by working as a self-employed person when for all intents and purposes ....

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Self-employed may face higher taxes - National Insurance to be affected under IFS proposal | Personal Finance | Finance

| UPDATED: 15:08, Thu, Feb 4, 2021
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Self-employed workers have been hit hard by coronavirus over the last year or so and Chancellor of the Exchequer Rishi Sunak launched the Self-Employment Income Support Scheme (SEISS) in a bid to keep the community afloat. State spending has reached unprecedented levels as a result of the pandemic and in a review of tax reform, the IFS said targeting the self-employed could be beneficial. ....

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SEISS grant 4: Will the eligibility criteria change?

THE Self-Employment Income Support Scheme (SEISS) was introduced to help self-employed people financially during the coronavirus pandemic. So will the eligibility criteria change for SEISS grant four? ....

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SEISS extension: Will there be a fifth grant?

| UPDATED: 12:41, Sat, Jan 16, 2021
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The Self-Employment Income Support Scheme (SEISS) is the Government’s support scheme for the self-employed, and it was recently extended until April 2021. The scheme is currently open for the third SEISS grant, but applications have now closed for the first and second SEISS grants. A fourth SEISS grant will be available later this year, but the Government has not confirmed how much the grant will be worth. ....

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SEISS grant: SEISS grant 5 'likely' - Government urged to provide further support | Personal Finance | Finance

| UPDATED: 13:54, Tue, Feb 23, 2021
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SEISS provides a lump sum of money up to a maximum of £7,500 to cover 80 percent of average trading profits, and was introduced by Chancellor Rishi Sunak at the start of the coronavirus pandemic in March last year. As it stands, eligible self employed workers will get two more grants as part of the Treasury’s Winter Economy Plan, which will come as good news to millions who were anticipating a cliff-edge drop to their financials support. The third grant opened for applications on November 30, and there will be ....

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