With a £250, 000 prize money for business investment up for grabs, as well as partnership with Lord Sugar, the Apprentice is a huge business opportunity for the candidates. With only one week left of the battle to win Lord Sugar over, the show is coming to a close. The two finalists have been revealed, James White and Sarah Lynn, despite one of them being fired from their previous job.
The BBC has published a report into how it currently engages freelance contractors, and will introduce changes from April 2013 which are likely to reduce the number of freelancers hired via their own personal limited companies.
The press coverage of the current outcry over public sector figures working via their own personal service companies has resulted in many inaccurate tax claims being made by the media.
The Public Accounts Committee has released a report into the use of ‘off payroll’ payment procedures in the public sector organisations, and criticises both the Government and HMRC over the widespread use of personal limited companies by public sector workers.
Over the past few months, following revelations that many high-ranking public sector officials have been remunerated via their own limited companies rather than the payroll, many articles in the mainstream press have unfairly portrayed small limited company owners as ‘tax dodgers’.