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"Dispensation and why contractors cannot claim expenses without receipts"

Explains the Inland Revenue expenses rules, what an Inland Revenue Dispensation agreement means, and why you cannot claim without receipts.

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ContractorCalculator: Contracting news in brief – 17/May/2013

News this week covers: financial IT; oil & gas skills; umbrellas becoming agencies; CBI forecasts; self-employment; HMRC taskforces; & day rate app.

Oil and gas contractors pressured to become employees by skills-starved clients

Oil and gas contractors are increasingly under pressure by clients to become permanent staff in a bid by North Sea firms to retain key skills for growth.

Contractor Doctor: No substitution but can hire subcontractor: what’s my IR35 status?

Contractors with client restrictions on rights of substitution may find hiring a subcontractor achieves the same IR35 goal, says Andy Vessey of Qdos.

Retrospective tax-reducing strategies for contractors who overpaid in previous years

Contractors can adopt tax strategies that may reduce their tax liability arising from previous financial years, says Abbott Moore’s James Abbott.

Twitter

Contractor recruiters targeted by HMRC under MSC legislation http://t.co/eCkTqDYXSg @RecruiterMag
Fri, 17 May 2013
ContractorCalculator: Contracting news in brief – 17/May/2013 http://t.co/NfCFiVinu9
Fri, 17 May 2013
Lower corporate tax rates, alongside GDP, attract foreign direct investment http://t.co/FHUckvlyYD via @AccountancyAge
Thu, 16 May 2013
HMRC wins case accusing the taxman of acting illegally when letting Goldman Sachs off £20m in NICs http://t.co/Z76OV2Q3v6 via @BBCNews
Thu, 16 May 2013
Oil and gas contractors pressured to become employees by skills-starved clients http://t.co/dKtozOatJg
Thu, 16 May 2013
Proposed new rules for media and entertainment contractors may save them NICs http://t.co/2ANYAHVCd7 @Telegraph
Thu, 16 May 2013