[siː-iː-ɛs-tiː ˈsteɪtəs tuːl]
CEST Status Tool allows users to anonymously check if they should be considered an employee or if they can count as a contractor.
CEST stands for Check Employment Status for Tax. It was introduced by HMRC in 2017 to help users determine their employment status for tax purposes. The tool works by asking an anonymous user a series of multiple-choice questions, to determine if they are Self-employed or an Employee.
The tool has been heavily criticised for its discrepancies in criteria and its lack of context when giving its final verdict. It also only provides a determination 85% of the time.
This tool was introduced to help crack down on the Employees and employers who were hiding their Employees as Contractors. IR35 was introduced to allow HMRC to intervene in such a situation.
January 31st is the deadline for submitting 2022/23 tax returns. It's a good idea to complete your tax return ahead of this deadline to avoid mistakes and potential penalties. This article shows why its a good idea to submit your tax return early and how Earnr can help you if you are stuck.
Read more.webp)
We recently introduced our newest addition to the Earnr team; our AI chat bot, Earnr AI. In this article we put Earnr AI to the test and asked it why you should use Earnr as your tax companion, bookkeeping tool and tax return assistant. Read it's excellent response!
Read more
The festive period is often thought of as the busiest time of the year with the run up to Christmas and New Year. Whilst this period can feel hectic at times, it can also be seen as the perfect time to complete your tax return. In this article we explain why this Christmas time is the best time to submit your 22/23 tax return.
Read more