The Revenue has kept its word of tackling abuse of expenses in umbrella companies by withdrawing the allowance for staff who stay overnight with friends or family.

In their latest online briefing , officials at the UK tax office said their review of the Friends and Family Allowance found it had “no legal basis for giving tax relief.” (more…)

In addition to the Chancellor announcing that the standard rate of *VAT will be reduced to 15% on 1 December 2008, there has also been a reprieve for contractors. (more…)