Contracting News - Latest Updates

IT contractor turns ‘contractrepreneur’, building businesses from contracting profits
When Mark Sweeny went contracting after a long and highly successful employment career, little did he know that he’d become a serial entrepreneur.

Surprise at contractor-neutral Pre-Budget Report, but pensions fallout still unclear
Contractor service providers express surprise at the low impact of the PBR, but the full story of the impact on pension plans is yet to come.

Contractor relief as Chancellor announces low-impact measures in the PBR
Contractor relief as ‘the most flexible labour force in Europe’ benefits from low-impact budget, but banking and tax avoidance schemes are targeted.

‘Accidental’ IT contractor ends up on Honours List for services to government clients
Gerardo Del Guercio, awarded an MBE for his pioneering work at the UK Border Agency, tells ContractorCalculator how he started his contracting career.

Contractor VAT invoices and returns – a guide to VAT rate changes from 1 January 2010
VAT rates are set to return to 17.5% on 1 January 2010, which means contractors will have to adjust their invoices and VAT returns accordingly.

ContractorCalculator Market Report December 2009
An increasing number of economic indicators say the economy is turning a corner, but the news is taking time to reach contractors at the coalface.

Contractors with pensions aged 49-54 should take pre-Xmas action
Pension rules changes mean contractors who want access to pension cash must act before 6 April 2010, says Tony Harris of ContractorFinancials.

Contractors celebrate National Freelancers Day as PCG launches its new brand
Contractors UK-wide celebrated the first National Freelancers Day on Monday as PCG launched its manifesto at Westminster and announced its rebrand.

Contractor manifesto from PCG calls for ‘fairness, clarity and recognition’
PCG’s Manifesto for Freelancing, launched today at the House of Commons, calls on government to recognise contractors’ key role in the UK economy.

ContractorCalculator CEO takes the (192m) plunge for National Freelancers Day!
Dave Chaplin makes the jump off the tallest building in the southern hemisphere to celebrate the UK’s first-ever National Freelancers Day.

Contractors to benefit after Service Providers Association launches code of conduct
SPA launches code of conduct for companies providing professional services to the contracting workforce, with HMRC endorsement.

Contractors and the HMRC Taxpayers’ Charter – honesty, respect & lower costs promised
What can contractors expect from the new HMRC Taxpayers’ Charter, which lays out the treatment taxpayers can expect from the taxman?

Contractors retain conduct regulations opt-out
BIS has confirmed that limited company and umbrella contractors will retain the right to opt out of the Conduct of Employment Regulations.

National Freelancers Day (NFD) celebrates contracting as a career choice
National Freelancers Day (NFD) on 23rd November will place contractors at the heart of the UK’s future economic success, says PCG’s Iain McIlwee.

Contractors can expect mixed outlook from Pre-Budget Report on 9 December
Chancellor Alistair Darling’s Pre-Budget Report on 9 December 2009 will be eagerly awaited by contractors. What surprises might it hold?

ContractorCalculator Market Report November 2009
All the good news for contractors comes with a ‘but’ this month, with prospects of recovery as autumnal as the weather.

IR35 special report: 10 years that shook the world of UK contractors
ContractorCalculator marks 10 years of IR35 with expert perspectives on this controversial tax law - Download the 36 page special report now!

Skype chairman eyes contracting sector as next high-growth opportunity
Skype chairman Michael van Swaaij has an uncanny knack of picking high-growth hits. Good news for his latest investment, new kids on the block Crunch.

Contractors face mixed outlook as BIS proposes new Agency Workers Regulations
Following the decision to delay implementation of the Agency Workers Directive, BIS has revealed the proposed regulations in a new consultation.

Contractors a vital part of UK recovery, agree tax experts at PCG-sponsored event
The Reform think-tank and PCG yesterday discussed contractors’ input to UK economic recovery with a select band of leading experts and influencers.

Contractors welcome U-turn that delays implementation of the Agency Workers Directive
Lord Mandelson is expected to announce later today that the implementation of the Agency Workers Directive will be delayed.

ContractorCalculator Market Report October 2009
Data from the wider economy and the contractor marketplace is cautiously optimistic, but contractors are not out of the woods yet.

Contractor guide to Companies Act changes coming into force on 1 October 2009
The Companies Act 2006 has made sweeping changes affecting every UK limited company, with the final changes coming into force on 1 October 2009.

Contractors face escalated IR35 threat as HMRC starts flexing new Schedule 36 powers
Contractors will face a renewed threat when HMRC start applying powers available under Schedule 36 in IR35 cases, says Matt Boddington of Accountax.

Tough IR35 crackdown by HMRC is imminent, warns former tax inspector
IR35 is here to stay and HMRC is ready for a tough new campaign targeting contractors, warns former HMRC manager Kate Cottrell, of Bauer & Cottrell.

Agency Workers Directive will be law ‘in the coming few months’, confirms PM Brown
In his speech to the Trades Union Congress, Prime Minister Gordon Brown confirmed that the AWD will become law in the next session of Parliament.

Contractor Calculator Market Report September 2009
In many contracting sectors, the decline in market conditions is slowing down, with upturns in others. But are we at the bottom, or is worse to come?

IR35: HMRC’s reliance on client evidence is failing, saving one contractor over £50k
Accountax’s IR35 victory on behalf of a PCG client shows that HMRC’s reliance on client evidence is failing, as did its previous focus on contracts.

IT & telecoms contracts down a third since last year, but key skills still in demand
The latest e-skills bulletin confirms what we’ve all known for a while – the contract market has shrunk massively, but key skills are still in demand.

Wartime IT contractors to receive comedy tribute to raise funds for Bletchley Park
The original IT contractors of ‘code-breaking-central’, Bletchley Park, are to be celebrated in a fundraising comedy tribute in London on 3 November.

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