by ClearwaysAccountants | Nov 1, 2018 | Budgets and Autumn statements, Contractor, IR35
Budget 2018 – CONTRACTORS DON’T PANIC! There has been substantial press coverage on the changes to IR35 as previewed in the Budget 2018. The change is not to be legislated until Finance Act 2019 so the details are not confirmed but here at Clearways...
by ClearwaysAccountants | Nov 1, 2018 | Budgets and Autumn statements, Contractor
Other key changes in the Budget The personal allowance will be £12,500 and the basic rate band will be £37,500. A total income of £50,000 before paying higher rate tax (and also losing child benefit) so a very high marginal tax rate if you have children. Other...
