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Dear Contractor,
Welcome to the August 2007 edition of our Contractor NewsCast. The Revenue’s Arctic Systems appeal is upheld, but one day later the Revenue threatens to introduce legislation to increase contractor tax. The MSC legislation is finalised, although the Lord’s call for a radical overhaul of contractor taxation. A contractor loses their IR35 case at the special commissioners. |
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Contractors Could Pay 10% More in the Treasury’s Arctic Systems Attack
The latest Treasury attack on contractors comes in the wake of the Arctic Systems Case and attempts to increase our tax burden. |
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Contractor Loses IR35 Case to the Revenue
Before the HMRC Special Commissioners, the firm Island Consultants Ltd has lost it's case, and the ruling has found them to be within IR35. |
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Contractors Should Avoid Taint of MSC Brush
Now that the managed service company legislation is in place, contractors should take specific steps to avoid risk. |
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 Agents Should Legally Protect Contractor Data |
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Are agencies protecting your personal information? The UK Information Commissioner doesn't think so, and is waging a campaign to see that they make greater efforts. |
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 Can Contractors Cut Out Their Agent? |
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Maybe you can, legally, cut out the agent, but it's probably not a good idea. Changing agencies at the clients request is a better proposition. |
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 Contractor Taxation - The Way Forward |
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An introduction to our Thought Leadership section for the contracting industry - 'Contractor Taxation - The Way Forward'. |
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 Contractor Calculator Market Report - August 2007 |
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Holiday slowdown continues though some areas continue to see important demand. |
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