Personal Service Company Changes From April 2020

In the Autumn Budget the Chancellor announced that the “off payroll” workers rules that currently apply in the public sector would be rolled out to the private sector in 2020. The government have now issued a consultation paper that sets out proposed tax and national insurance changes that will impact on those supplying their services through personal service companies. End users will be required to determine whether the rules apply…  Read more

Self Employed Pensions

When you’re employed, your employer makes compulsory contributions to your pension via auto enrolment (unless you opt out). When you work for yourself as a sole trader, or you’re in a partnership, making pension payments isn’t mandatory. But, it’s still an important thing to consider. It is especially worrying that studies have found that 45% of self employed workers between 35 and 55 have no pension. Retirement savings contributions are…  Read more

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