Chris Ridgeon (Bury St Edmunds)

Chris joined the firm in 1979, qualifying as a Chartered Certified Accountant in 1990. He describes himself as a general practitioner and is responsible for a diverse portfolio of corporate and non-corporate clients, in our Bury St. Edmunds office, where he is a partner. He has a particular interest in corporate finance services and advising construction clients. Chris is a member of the both Rotary and Round Table, having previously served as chairman of the latter. On the sporting front Chris enjoys the occasional game of golf, but his time is mostly spent supporting Ipswich Town Football Club.
 
My Latest Blogs
 
Chris Ridgeon
24th January 2017 Obtaining Gross CIS Payment Status

Although the amount of tax ultimately paid on profits will be the same if you obtain CIS gross payment status, improvements in cashflow and reductions in the cost of credit, such as overdraft interest, should easily make the application process worthwhile. To be eligible to gain CIS gross payment status and receive payments from contractors…

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Chris Ridgeon
22nd June 2016 CIS Changes

CIS: Big administration changes. With effect from 6 April 2016, a lot has changed within the CIS processing sector: The abolishment of the paper return, Amendment to the nil return obligation, Changes to the Compliance and Turnover tests when applying for Gross status. Paper seems to be a thing of the past and so HMRC…

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Chris Ridgeon
24th September 2014 CIS Compliance

Proposals to Reduce the CIS Tax Compliance Burden on Construction Sector. The Chartered Institute of Taxation (CIOT) has published its response to HMRC’s proposals to introduce mandatory online CIS filing for contractors, amend the gross payment status turnover and compliance tests and improve the sub-contractor verification process. It welcomes the proposals aimed at reducing the…

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Chris Ridgeon
21st May 2014 Status Workaround

Schemes now appearing in Construction Sector to Circumvent HMRC’s new Disguised Employment Anti-Avoidance Rules. The Government’s new rules to tackle the false self-employment of construction workers and agency ‘temps’ entered into force on 6 April 2014, but were swiftly followed by headlines such as ‘New model tries to duck false self-employment rules’ in the recruitment…

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Chris Ridgeon
10th December 2013 Worker Status

2013 Autumn Statement: HMRC attack construction worker status, AGAIN! Construction is a trade which continually has issues with worker status. The building main contractor wants the flexibility of hiring labour only sub-contractors as and when required, but it does not want the rights and costs that come with employment. A present day workaround to this…

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