One of the most potent motivators for humans is money. It has sparked fights, torn families apart, pushed ordinary people to extraordinary actions, and even pushed extraordinary people to [...]

A recent decision by the Court of Appeal in the case of Brazel v The Harpur Trust determined that holiday pay for ‘term time’ employees should be calculated using the employee’s [...]

MSC mysteries explained After much research and taking ongoing advice from many sources, including a number of leading UK tax specialists, Crystal Choice would like to help clarify the main [...]

Understand the changes to the off-payroll working rules (IR35) if you are a client receiving services from a worker through their intermediary. On 6 April 2021, the laws governing off-payroll [...]

The UK’s Jury Service Act provides that people under the age of 18 are not eligible to serve on a jury. However, there are exceptions. If you are self-employed or a contractor, you may be [...]

A major difference between an umbrella company and a limited firm is the tax treatment. The former is more flexible and easier to use, while the latter provides more control over taxes. The main [...]

The IR35 tax is a complicated system that can lead to confusion for freelancers and agencies. It’s not a new concept but the rules have changed over the years. For instance, in a recent [...]

MSC mysteries explained It is important to start with explaining the differences between the types of companies that fall within the scope of the MSC legislation and Managed Service Company [...]

An umbrella company is a company that employs individuals for a set fee. Many of these companies have a wide range of jobs and do not pay income tax. As such, the UK Umbrella Company Act 2010 is [...]

Expenses are regular payments a business makes towards ongoing business operations. They directly affect a company’s profitability ratio, which measures whether revenues exceed expenses. [...]