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Offsetting training against tax
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By Funn3r
Everyone probably knows you can get tax back because working at home due to COVID-19. I never bothered though as assumed it was too much effort having to deal with HMRC for a unnoticeably tiny amount of money.
Son actually did it and it's a couple of minutes online form-filling. Then he got 327 quid back via altered tax code. Why not? Just did it myself.
Instructions (yes OK it's MSE)
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By ccc
Any bods on here contract ?
Lots of rumours that the budget will introduce similar new rules that were brought in for the public sector last year.
That apparently caused mayhem.
Nobody knows what would happen re. agencies etc if this does happen.
However if there is a blanket "You are within IR35" it could change the contract market hugely.
I've just done and online calculator and an 18% take home reduction.
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