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Dear Contractor,
Welcome to the November 2008 edition of our Contractor Newsletter. Our recent survey on IR35 shows that many contractors are taking risks on their status - more so in light of the recent Dragonfly ruling. The European parliament passed the Agency Workers Directive with no opt-out for contractors, but with heavy lobbying of the UK Government we might see contractors excluded when implemented in the UK. Regarding the Treasury's potential attack on contractor expenses many sector groups have joined forces to combat what could be very damaging legislation.
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Contractors taking dangerous risks with IR35 status, says survey
Many contractors may be putting themselves at grave risk by disregarding their IR35 status, the latest ContractorCalculator survey reveals.
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Read Full Story › |
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Agency Workers Directive opt-out for contractors is looking increasingly likely
An Agency Workers Directive opt-out for UK contractors is being backed by UK parliament’s Regulatory Reform Committee Chairman Andrew Miller.
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Read Full Story › |
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Contractors can exploit investment and savings opportunities of troubled markets
As financial markets slump, Tony Harris from ContractorFinancials says now is the time to maintain or even increase pension contributions. |
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Read Full Story › |
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 What to do if your agency or client goes bust |
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Phil Richards from accountants Blevins Franks tells contractors what to expect. |
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 How to close down your limited company |
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If a contractor changes career path or decides for another reason that their limited company is no longer needed, they can choose to close it down. |
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 Can agencies force your choice of umbrella? |
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Agencies sometimes try to insist on contractors using their recommended umbrella companies, but not always in the interest of their contractors. |
| Read Full Story › |
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 Contractor Calculator Market Report-November '08 |
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There are winners and losers as the contracting sector becomes polarised, with the economic downturn impacting on corporate and public sector spending. |
| Read Full Story › |
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