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Why real income tax rates are not progressive for many taxpaying contractors Why real income tax rates are not progressive for many taxpaying contractors

Contractors with children and earnings of over £50,000 per year, and those earning over £100,000 a year, are just not paying progressive rates of tax.

Marginal tax rates explained Marginal tax rates explained

Contractors pay very different marginal tax rates depending on their earnings and business/personal circumstances, says Abbott Moore’s James Abbott.

ContractorCalculator: Contracting news in brief – 21/Aug/2014 ContractorCalculator: Contracting news in brief – 21/Aug/2014

News this week covers: contractor demand in Scotland; skills development; self-employment high; African oil & gas contracts; EBTs; and tax credits.

Contractors must develop in-demand niche skills to avoid damaging their prospects Contractors must develop in-demand niche skills to avoid damaging their prospects

Contractors who have not invested in developing niche, in-demand skills risk being dropped by their contracting agencies, shows a new Parasol survey.


  
  

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