Contracting News - Latest Updates

ContractorCalculator: Contracting news in brief - 09/Jul/2010
News this week includes PCG awards; sustained jobs growth; mixed economic indicators; CFOs prioritising growth; and new umbrella services in Germany.

Contracting sector faces challenge of proving its worth to private sector clients
As a survey by recruiter Hays reveals private sector clients don’t value contracting skills, contractors should ask if an opportunity is being missed.

ContractorCalculator Market Report July 2010
As the UK economy continues its climb out of recession, contractors will see increased demand from manufacturing, oil & gas and financial services.

Contractor IR35 investigation for first time sparked by P35 service company question
HMRC may have started targeting contractors for IR35 investigations by using the P35 service company question, according to Seb Maley of Qdos

Contractors no longer use IR35 & tax as the sole reasons to choose umbrella companies
Tarpon's Anthony Bennett explains how umbrella companies no longer compete solely on the basis of tax but on service, process & efficiency.

ContractorCalculator: Contracting news in brief - 02/Jul/2010
News this week includes public sector job losses; IT contractor demand increases; North Sea opportunities in oil & gas; and house prices rise.

Contractors should benefit from a simpler, predictable and more stable UK tax system
The government’s tax policy consultation aims to create a simpler and fairer UK tax system that could reduce tax uncertainties for contractors.

ContractorCalculator: Contracting news in brief - 25/Jun/2010
News this week includes a budget benefitting some contractors, but tax hikes for others; a fragile outlook for Europe; and new public sector cuts.

Contractor pensions under threat in budget small-print
A consultation about the future of pensions buried in the budget small-print could spell the end of significant pension tax relief for contractors.

Contractor-friendly emergency budget could have a nasty tax-sting in its tail
Many contractors will benefit from the business-friendly budget but increases in capital gains tax and potential pension reform could penalise others.

IR35 will be abolished, says Small Business Minister Mark Prisk
In an interview published in the Telegraph, Small Business Minister announces that small business taxation review will make IR35 redundant.

Budget promises contractors IR35 review, but high-earning contractors face tax hikes
The emergency budget promises an IR35 and small business taxation review alongside lower taxes for business, but also tax hikes for higher earners.

Contractor and freelancer marketplace emerges from recession with double-digit growth
PeoplePerHour.com founder Xenios Thrasyvoulou explains how the freelancer marketplace has emerged from recession showing double-digit growth.

ContractorCalculator: Contracting news in brief - 18/Jun/2010
News this week includes a surge in online demand for workers; London’s financial centre continues to grow; and engineers are in greater demand.

Contractors see public sector contracts vanish as first government cuts are announced
The Treasury’s announcement of projects to be suspended and cancelled has removed many valuable contract opportunities.

ContractorCalculator: Contracting news in brief - 11/Jun/2010
News this week includes date for National Freelancers Day; stark public sector job warning; offshore optimism increase; and energy skills shortage.

Contractors could benefit from government’s value-for-money spending review
New contract opportunities could be opened up by the government’s re-evaluation of its role in providing public services.

ContractorCalculator Market Report June 2010
Contractors will benefit from the positive upward trending of most economic indicators, although experts report the recovery is still fragile.

Contractors to mark National Freelancers Day 2010 with focus on potential & lifestyle
The date for this year’s PCG National Freelancers Day is 23rd November, with themes being ‘freeing-up potential’ and ‘contractor lifestyle choices’.

ContractorCalculator: Contracting news in brief - 04/Jun/2010
News this week includes government plans to cut regulations; construction and manufacturing output increase; and defence spend increases in recession.

ContractorCalculator: Contracting news in brief - 28/May/2010
News this week includes new laws to benefit contractors; jobs for IT sector; REC acts on AWR; Scotland’s contractors do well; and new economic growth.

Government commits to replace IR35
A decade of uncertainty over contractors’ tax status may be over, with the ConLib coalition committing to review and replace IR35.

ContractorCalculator: Contracting news in brief - 21/May/2010
News this week includes government review of IR35; simpler business taxes and regulations; mixed news on jobs; and the UK’s promising offshore future.

Contractors cheering “staggering” Novasoft IR35 ruling are likely to be disappointed
The Novosoft IR35 ruling is inconsistent with previous IR35 status case rulings and is likely to be overturned, says Andy Vessey of Qdos.

ContractorCalculator: Contracting news in brief - 14/May/2010
News this week sees a new coalition government and the first steps to engage it; an IR35 victory over HMRC; new AWR resources; and IT apprenticeships.

Contractor election watch: what contractors might expect from the ConLib coalition
Both the parties committed (on paper, at least) to make positive changes for contractors are now in power. But beware, they may yet disappoint.

ContractorCalculator Market Report May 2010
Contractors will benefit from the renewed optimism in key sectors, like manufacturing and services, but the threat of a double-dip recession remains.

ContractorCalculator: Contracting news in brief - 07/May/2010
News this week sees HMRC release taxpayer statistics; jobs growth slows; oil & gas contractors under threat from AWR; and manufacturing output is up.

ContractorCalculator: Contracting news in brief - 30/Apr/2010
News this week includes growth of HMRC ‘yield’; IT contract opportunities increase; labour market statistics paint mixed picture; & PCG ups the ante.

Contractors can be sure of PCG working for best results despite political uncertainty
PCG’s John Brazier writes that policy work by PCG engaging the main political parties means whatever the election outcome, contractors can benefit.

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