Some contractors will emerge slightly better off from the Chancellor of the Exchequer’s 2016 Budget – but those who work for public sector clients will need to make sure their tax affairs and contracts are thoroughly in order.
Public sector limited companies now responsible for Contractor’s tax
From April 2017, any public sector body that hires a contractor through their own limited company will become responsible for making sure that those contractors are paying the right amount of tax.…
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