IR35 and MoM: Difference between pages

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''UK tax''.
Month On Month, particularly in the context of percentage growth or decline.


Tax rules designed to combat the avoidance of tax and national insurance contributions by nominally independent contractors deemed to be effectively employees.


Additional Income Tax and National Insurance is payable, as if the contractor had been employed directly by the client.
:<span style="color:#4B0082">'''''The economic impacts of Covid-19 to date'''''</span>
 
:"It is clear that the Covid-19 outbreak and measures designed to tackle it have led to a very large and rapid decline in economic activity that is without precedent in recent times...
 
:As these effects began to develop, GDP fell by 2% in Q1 (with a 5.8% MoM drop in March), and a range of business surveys have shown unprecedented weakness since then."
 
:''Michael Saunders, External Member of the Bank of England's Monetary Policy Committee, May 2020.''




== See also ==
== See also ==
* [[Income Tax]]
*[[Bank of England]]
* [[National insurance contributions]]
*[[COVID-19]]
* [[Tax avoidance]]
*[[GDP]]
*[[Monetary Policy Committee]]
*[[Q1]]
*[[QoQ]]
*[[YOY]]
*[[YTD]]
 
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Financial_products_and_markets]]

Revision as of 21:52, 6 June 2020

Month On Month, particularly in the context of percentage growth or decline.


The economic impacts of Covid-19 to date
"It is clear that the Covid-19 outbreak and measures designed to tackle it have led to a very large and rapid decline in economic activity that is without precedent in recent times...
As these effects began to develop, GDP fell by 2% in Q1 (with a 5.8% MoM drop in March), and a range of business surveys have shown unprecedented weakness since then."
Michael Saunders, External Member of the Bank of England's Monetary Policy Committee, May 2020.


See also