Insights and developments related to professional standards, compliance, and regulatory frameworks affecting interim managers.
The Home Office has now issued guidance on that part of the Act which refers to the prevention of fraud. The following is a quote from the Introduction: “The Law Commission published a paper in June 2022 examining options to improve the law to ensure that corporations are effectively held to account for committing serious […]
Let’s start with a couple of definitions: A Lie: to say something that is not true in order to deceive. (Cambridge Dictionary) Legal Definition: the misrepresentation of one or more facts in order to gain a benefit or harm another person, where the actor knows or should know that the misrepresentation will be relied upon […]
The Economic Crime and Corporate Transparency (ECCT) Bill is making its way through Parliament and will change the role and purpose of Companies House (CH), providing them with the powers requested to improve their registry information accuracy and support the government’s efforts to tackle economic crime. There has been plenty of preparatory work going on […]
Will this lead to fewer freelancer usage ‘bans’ by organisations afraid of the costs of an HMRC intervention and finding that their ‘outside IR35’ status determination is challenged and found to be ‘inside’? The potential impact of the legislation change has been discussed in a recent article in the ‘Freelancer Informer’ and can be found […]
Since Chancellor Brown in the late 1990s started chasing what was regarded as ‘lost’ NICs, the IR35 regulations have continued their development and increasing complexity to avail the Exchequer with as much tax as possible from the freelance community in the UK. This has proved an uphill struggle for them in many respects as the […]
The IR35 case involving television presenter Eamonn Holmes has taken another decisive turn, with the Upper Tribunal dismissing his appeal against HMRC. The decision upholds the original ruling made by the First Tier Tribunal (FTT), which found that Holmes should have been treated as an employee rather than a self-employed contractor during his work for […]
Today, the Chancellor of the Exchequer, Kwazi Kwarteng, announced his ‘mini-budget’. This ought to be a strong candidate for understatement of the year. Sat within the 42 page document
We are pleased to point to some very good work done by Contractor Calculator, led by Dave Chaplin, that clearly demonstrates that HMRC’s CEST tool currently fails miserably to produce status determination results that reflect the most recent Court of Appeal binding law. Chaplin has gone back to the original current version source code (v2.4) […]
The Institute of Interim Management (IIM) is the UK’s only professional body for independent Interim professionals. All our members operate in business on their own account as Interim Managers and Executives working at board or near-board level. The Institute is run by a Board and Executive Committees of seasoned Interim Managers and is committed to supporting and promoting professional Interim Managers working in the UK and internationally.
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