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ContractorCalculator: Contracting news in brief – 31/Oct/2014 ContractorCalculator: Contracting news in brief – 31/Oct/2014

News this week covers: BETs abolished; BBC test judicial review; late payment; high paying contracts; paper tax return deadline; & simpler CT filing.

Contractors gain greater tax savings and flexibility from pension reforms Contractors gain greater tax savings and flexibility from pension reforms

Contractors to gain upfront pension contribution tax savings and tax savings with flexibility on retirement, says ContractorFinancials’ Tony Harris.

IR35 taxes are a tiny proportion of the tax gap: surely HMRC has better things to do? IR35 taxes are a tiny proportion of the tax gap: surely HMRC has better things to do?

Contractors paying £1m a year in IR35 taxes is such a tiny proportion of the tax gap. Surely the taxman can direct HMRC’s resources more efficiently?

Contractors underpin new ‘lean’ workforce strategies adopted by contracting clients Contractors underpin new ‘lean’ workforce strategies adopted by contracting clients

Contractors offer increased capacity and specialist skills to contracting clients that increasingly adopt lean workforce strategies, says the REC.


  
  

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