http://www.orangeandgold.co.uk/Latest news form Orange &amp GoldCopyright 2007 - 2010 Orange &amp Gold. All rights reserved.HMRC has announced a suspension of the Business Records Check (BRC) program until the new tax year, when they will implement a new approachhttp://www.orangeandgold.co.uk/blog/2012/2/business-record-checks-suspended.htmlMon, 06 Feb 2012 00:00:00 +0000HMRC's call centre workers are striking on the 31st January. http://www.orangeandgold.co.uk/blog/2012/1/hmrc-call-centre-strike.htmlFri, 27 Jan 2012 00:00:00 +0000Midnight on January 31is the deadline for taxpayers to file their tax return electronically and pay anything owed for the 2010/11 tax year. http://www.orangeandgold.co.uk/blog/2012/1/late-tax-return-penalties.htmlThu, 26 Jan 2012 00:00:00 +0000HMRC is continuing to pilot its Business Record Checks initiative on some 20,000 small businesseshttp://www.orangeandgold.co.uk/blog/2012/1/hmrc-business-record-check.htmlWed, 04 Jan 2012 00:00:00 +0000Extra Statutory Concession C16 (ESC C16) is due to become legislation on 1 March 2012 in a modified formhttp://www.orangeandgold.co.uk/blog/2012/1/small-business-widing-up.htmlSun, 01 Jan 2012 00:00:00 +0000Nichola Ross Martin, the tax writer, has summed up 2011 http://www.orangeandgold.co.uk/blog/2011/12/2011-tax-year-summing-up.htmlSat, 31 Dec 2011 00:00:00 +0000In the recent IR35 case of Autoclenz Ltd v Belcher, the Supreme Court has endorsed the approach of lower courts in looking behind the written contract http://www.orangeandgold.co.uk/blog/2011/11/ir35-autoclenz-belcher.htmlTue, 15 Nov 2011 00:00:00 +0000Agency Workers regulation - complicance is not just about IR35http://www.orangeandgold.co.uk/blog/2011/11/awr-ir35-compliance.htmlMon, 14 Nov 2011 00:00:00 +0000From 1st November 2011, Junior ISAs are available to children born on or after 3rd January 2011http://www.orangeandgold.co.uk/blog/2011/11/junior-isa.htmlSun, 06 Nov 2011 00:00:00 +0000HMRC is to begin writing to UK residents and organisations who hold bank accounts with HSBC Geneva.http://www.orangeandgold.co.uk/blog/2011/10/hmrc-geneva-bank-accounts.htmlSat, 15 Oct 2011 00:00:00 +0100The national minimum wage (NMW) increases annually in October. These are the new rates. http://www.orangeandgold.co.uk/blog/2011/9/minimum_wage_rates.htmlThu, 29 Sep 2011 00:00:00 +0100A new discussion paper, published last week by the Department of BIS, contains proposals which could ease the financial reporting burden for limited company contractors.http://www.orangeandgold.co.uk/blog/2011/9/contractor-accountancy-fees.htmlSat, 24 Sep 2011 00:00:00 +0100HMRC have responded to a freedom of information request from ReSource Consultancy Teamhttp://www.orangeandgold.co.uk/blog/2011/9/hmrc-freedom-information-request.htmlFri, 23 Sep 2011 00:00:00 +0100Chancellor to delivery Autumn statement on 29th November, repacling the pre-budget report.http://www.orangeandgold.co.uk/blog/2011/9/autumn-statement-2011.htmlThu, 15 Sep 2011 00:00:00 +0100The Supreme Court has handed down its judgment in Autoclenz Ltd v Belcher and Others. This is the most significant employment status judgment since Express and Echo Publications and before that Ready Mixed Concrete.http://www.orangeandgold.co.uk/blog/2011/7/supreme-court-autoclenz-blecher.htmlThu, 28 Jul 2011 00:00:00 +0100Who needs to complete a UK tax return? The most common reasons are discussed in this article.http://www.orangeandgold.co.uk/blog/2011/7/who-needs-tax-return.htmlTue, 05 Jul 2011 00:00:00 +0100HMRC again failed to convince the Tribunal that IR35 applies in the recent decision of Marlen Ltd. http://www.orangeandgold.co.uk/blog/2011/7/hmrc-ir35-defeat.htmlFri, 01 Jul 2011 00:00:00 +0100One in three businesses failed to submit their corporate tax returns in April using new technologyhttp://www.orangeandgold.co.uk/blog/2011/6/hmrc-tax-returns.htmlSat, 11 Jun 2011 00:00:00 +0100HMRC requires employers and individuals to answer questions relating to service companies when completing the annual tax return.http://www.orangeandgold.co.uk/blog/2011/6/p35-question-service-company.htmlThu, 09 Jun 2011 00:00:00 +0100Figures from the Office of National Statistics prove that since April 1962 shares have beaten cashhttp://www.orangeandgold.co.uk/blog/2011/5/contractors-shares-investment.htmlFri, 27 May 2011 00:00:00 +0100When re-assessing your financial plans, these are the top five questions freelance contractors need to address.http://www.orangeandgold.co.uk/blog/2011/5/contractors-spring-clean-investments.htmlFri, 27 May 2011 00:00:00 +0100Agency Workers Regulations draft guidance is now available for commenthttp://www.orangeandgold.co.uk/blog/2011/4/agency-workers-regs-published.htmlWed, 06 Apr 2011 00:00:00 +0100Despite HMRC announcing that they would report on the outcome of the Business Records Check consultation on 31 March, first letters have been issued by HMRC, trying to arrange meetings to carry out a Business Records Check (BRC). http://www.orangeandgold.co.uk/blog/2011/4/hmrc-business-records-checks.htmlMon, 04 Apr 2011 00:00:00 +0100Well now we know. The Tories are not planning to abolish IR35. http://www.orangeandgold.co.uk/blog/2011/3/ir35-budget-news.htmlWed, 23 Mar 2011 00:00:00 +0000Mileage allowance for your own car used for business is to increase http://www.orangeandgold.co.uk/blog/2011/3/budget-2011-mileage-allowance.htmlWed, 23 Mar 2011 00:00:00 +0000Today the Office of Tax Simplification has published it’s second report - “Small Business Tax Review”. This includes reviews and recommendations about the future of IR35. http://www.orangeandgold.co.uk/blog/2011/3/small-business-tax-review.htmlThu, 10 Mar 2011 00:00:00 +0000The Office of Tax Simplification has targeted 44 tax reliefs for elimination, plus 17 more that should be simplified. http://www.orangeandgold.co.uk/blog/2011/3/tax-simplification-for contractors.htmlThu, 03 Mar 2011 00:00:00 +0000Selling services to the EU? New basic VAT rule for supplies of serviceshttp://www.orangeandgold.co.uk/blog/2011/2/selling-services-eu.htmlThu, 10 Feb 2011 00:00:00 +0000Warnings given that contractors can lose personal tax allowanceshttp://www.orangeandgold.co.uk/blog/2011/2/personal-allowance-warnings.htmlThu, 10 Feb 2011 00:00:00 +0000On 9 December 2010, the Government issued draft clauses for the Finance Bill 2011. http://www.orangeandgold.co.uk/blog/2011/1/disguised-remuneration.htmlFri, 14 Jan 2011 00:00:00 +0000HMRC published a Consultation Paper on 17th December announcing that they intend to start a programme of Business Records Checks (BRCs)http://www.orangeandgold.co.uk/blog/2011/1/hmrc -business-record-checks.htmlWed, 05 Jan 2011 00:00:00 +0000Independent taxation of husbands and wives has now been with us for 20 years. Introduced in the 1988 Budget by the then chancellor, Nigel Lawson, he was quoted in Hansard as saying that husbands and wives would be able to arrange their tax affairs between themselves in a way that is most beneficial to them. http://www.orangeandgold.co.uk/blog/2010/12/husband-wife-limited-companies.htmlWed, 22 Dec 2010 00:00:00 +0000This month we have proactively written to all our Ltd company contractors and advised them about their individual exposure to the new tax rates. http://www.orangeandgold.co.uk/blog/2010/11/proactive-tax-planning.htmlTue, 30 Nov 2010 00:00:00 +0000Even though the end of this tax year may seem fairly distant, if you haven’t yet taken full advantage of your Individual Savings Account (ISA) allowance you could be missing out from sheltering your investments from tax. http://www.orangeandgold.co.uk/blog/2010/11/Sheltering-investments-from-tax.htmlTue, 30 Nov 2010 00:00:00 +0000Our colleague, Kate Cottrell, has been seconded to the Office of Tax Simplification. The Office is tasked to provide an initial report to the Chancellor by Budget 2011 that identifies areas of the tax system that cause the most day-to-day complexity and uncertainty for small businesses and recommends priority areas for simplification. http://www.orangeandgold.co.uk/blog/2010/11/small-business-tax-review.htmlWed, 10 Nov 2010 00:00:00 +0000There has been a massive increase in accountants consulting experts about HM Revenue & Customs’ powers to access filed tax returns. http://www.orangeandgold.co.uk/blog/2010/8/contractor-accounts-hmrc-demand.htmlSun, 22 Aug 2010 00:00:00 +0100The Association of Chartered Certified Accountants (ACCA) has welcomed the establishment of the Office for Tax Simplification (OTS) but says the government needs to do more to ensure that UK tax policy caters to the needs of small businesses. http://www.orangeandgold.co.uk/blog/2010/7/tax-simplification-office.htmlThu, 29 Jul 2010 00:00:00 +0100The Chancellor, George Osborne, has signalled his intention to reform Britain's over-complex tax system with the creation of a new panel of experts charged with making the regime less complex. http://www.orangeandgold.co.uk/blog/2010/7/ir35-reform.htmlWed, 21 Jul 2010 00:00:00 +0100Tax payable by shareholders when dividends are paid by private companies. http://www.orangeandgold.co.uk/blog/2010/7/contractor-company-dividends.htmlTue, 13 Jul 2010 00:00:00 +0100Orange & Gold understands that HMRC inspectors are being tasked to bring in as much money as possiblehttp://www.orangeandgold.co.uk/blog/2010/7/dash-for-cash.htmlTue, 06 Jul 2010 00:00:00 +0100The HM Treasury Budget Report confirms the Governments commitment to a review of IR35 and small business tax and will release further details shortlyhttp://www.orangeandgold.co.uk/blog/2010/6/ir35-government-review.htmlFri, 25 Jun 2010 00:00:00 +0100From 4 January 2011 the standard rate of VAT will increase from 17.5% to 20%. The reduced rate of VAT stays at 5%. http://www.orangeandgold.co.uk/blog/2010/6/budget-update-vat-contractor.htmlWed, 23 Jun 2010 00:00:00 +0100Emergency Budget is on Tuesday. George Osborne has declared the date of his first Budget, Tuesday 22 June 2010. Find out how the budget will affect UK contractors and the likely VAT changes. http://www.orangeandgold.co.uk/blog/2010/6/contractor-emergency-budget-june2010.htmlTue, 22 Jun 2010 00:00:00 +0100Requirements setting up a limited companyhttp://www.orangeandgold.co.uk/blog/2010/6/ltd-co-requirements.htmlTue, 01 Jun 2010 00:00:00 +0100The UK Government has finalised regulations giving agency workers and freelance contractors, the same rights to equal pay and working conditions that permanent employees have.http://www.orangeandgold.co.uk/blog/2010/5/agency-workers-regulations.htmlTue, 25 May 2010 00:00:00 +0100A contractor made the 'mistake' of taking HMRC at their word and putting his contract forward to the HMRC advice service.http://www.orangeandgold.co.uk/blog/2010/5/contractor-hmrc-advice.htmlMon, 24 May 2010 00:00:00 +0100Budget announced for 22nd June 2010http://www.orangeandgold.co.uk/blog/2010/5/contractor-budget-announced-june2010.htmlSat, 22 May 2010 12:00:00 +0100Unpopular freelance tax rules are set to be reviewed under plans revealed today by the coalition government. In its detailed programme of government, the Lib-Cons will review IR35 as part of a "wholesale review" of small business taxation. The review will seek to replace it with simpler measures.http://www.orangeandgold.co.uk/blog/2010/5/ir35-reviewed-may2010.htmlThu, 20 May 2010 00:00:00 +0100Transferring your accounting and/or bookkeeping support is easy and you can do it now. You don't have to wait until your company year-end or next VAT return. And we can even deal with whole thing for you.http://www.orangeandgold.co.uk/blog/2010/5/transfer-ltd-co-to-orangeandgold.htmlSun, 02 May 2010 00:00:00 +0100As part of the drive to increase tax revenues HMRC will be reducing your personal tax allowance of £6,475 in 2010-11, if your taxable income exceeds £100,000. They will knock £1 from your allowance for every £2 your income exceeds £100,000. Your personal allowance will be eliminated when your earnings reach £112,950.http://www.orangeandgold.co.uk/blog/2010/4/uk-contractor-tax-allowance.htmlMon, 19 Apr 2010 00:00:00 +0100Orange & Gold must be the contractor accountants and umbrella provider with the most industry experienced staff. As of March 2010 all staff in Customer Services, Data Processing, IT, Accounting as well as of course the Directors have been working in contractor support services for at least five years. http://www.orangeandgold.co.uk/blog/2010/3/orangeandgold-best-contractor-staff.htmlMon, 22 Mar 2010 00:00:00 +0000Albany Group, who provide UK umbrella services and overseas payroll solutions, has appointed administrators.http://www.orangeandgold.co.uk/blog/2010/2/Albany-Group-Appoints-Administrators.htmlThu, 18 Feb 2010 00:00:00 +0000Courts rule in favour of HMRC and thousands of contractors in off-shore schemes face huge tax bills.http://www.orangeandgold.co.uk/blog/2010/2/BN66-offshore-HMRC.htmlFri, 05 Feb 2010 00:00:00 +0000All companies, should have adequate insurance in place for public and employers liability.http://www.orangeandgold.co.uk/blog/2010/2/Discounted-Insurances.htmlThu, 04 Feb 2010 00:00:00 +0000Orange & Gold branches out into the Netherlands and Luxembourg.http://www.orangeandgold.co.uk/blog/2010/2/International-Solutions.htmlWed, 03 Feb 2010 00:00:00 +0000An opt-out allowing European Union (EU) small businesses turning over less than €1m (£865,000) per year to stop filing annual accounts has been proposed by the European Parliament’s legal affairs committee.http://www.orangeandgold.co.uk/blog/2010/2/contracting-business-accounting-eu.htmlWed, 03 Feb 2010 00:00:00 +0000Based on past experience we anticipate early pain, followed by mid-term irritation leading eventually to long term benefit. http://www.orangeandgold.co.uk/blog/2010/2/on-line-vat-and-paye-processing-being-introduced-by-hmrc.htmlTue, 02 Feb 2010 00:00:00 +0000We provide to all our accountancy clients FREE insurance cover of up to £75,000 to cover the costs of additional legal, tax and accountancy support in the event of enquiry or investigation, including IR35 investigation. http://www.orangeandgold.co.uk/blog/2010/1/Things-That-Set-Us-Apart-No-2.htmlFri, 29 Jan 2010 00:00:00 +0000Overall, it was the regular day to day aspects of the service that were regarded as most important and I think that we have an excellent record in maintaining standards in this area, over a long time. http://www.orangeandgold.co.uk/blog/2010/1/Things-that-set-us-apart-survey.htmlWed, 20 Jan 2010 00:00:00 +0000UK contractors are beginning to detect a change in economic conditions in the UK and the prospect of more contractor jobs on the horizon.http://www.orangeandgold.co.uk/blog/2010/1/contracting-confidence.htmlTue, 19 Jan 2010 00:00:00 +0000What are the minimum requirements of a contractor's limited company?http://www.orangeandgold.co.uk/blog/2010/1/limited-company-requirements.htmlFri, 01 Jan 2010 00:00:00 +0000Highlights affecting contractors from the Pre-Budget Report 2009http://www.orangeandgold.co.uk/blog/2009/12/Pre-Budget-Report-2009.htmlFri, 11 Dec 2009 00:00:00 +0000There are three important changes to the VAT system kicking in from 1st January 2010. http://www.orangeandgold.co.uk/blog/2009/12/VAT-Back-Up-To-17.5-percent.htmlWed, 02 Dec 2009 00:00:00 +0000Directors loans and how they are treated for tax.http://www.orangeandgold.co.uk/blog/2009/12/Personal-versus-Business-Funds.htmlTue, 01 Dec 2009 00:00:00 +0000Concerns become complaints so rarely that I, as managing director, handle these personally and resolve as an immediate priority. http://www.orangeandgold.co.uk/blog/2009/11/things-that-set-us-apart-no-1-our-escalation-process.htmlFri, 27 Nov 2009 00:00:00 +0000