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Dear Contractor,
Welcome to the December 2008 edition of our Contractor Newsletter. The Pre-Budget was good for contractors, with the Revenue not deciding to hammer the flexible labour market during times of recession - the attacks on travel expenses and income shifting being kept on hold for the time being. This month our features focus on travel expenses and the 24 month rule, and also explain the legal details when you sign a contract that contains terms you hadn't actually agreed. The market hasn't entirely collapsed according to the stats, but it's safe to say if you're in a contract then your bargaining position at renewal time will be somewhat weakened. Let's hold onto our hats and cross fingers for a nice tail wind in the New Year. Seasonings greetings to all our readers.
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Treasury attack on umbrella contractors not over says contractor accountant
Relief felt by contractors after last week's Pre-Budget Report may be premature, as contractor accountant JSA Group warns of further Treasury action.
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Contractors get easy ride in Pre-Budget Report
Another Pre-Budget Report, and no new taxes for contractors. ContractorCalculator asks: why have contractors escaped so lightly?
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Does the Glover Review mean more public sector work for contractors?
Contractors could benefit from a public sector procurement review that has recommended measures to improve SME access to lucrative contracts. |
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Travel expenses, tax relief and the 24-month rule |
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Contractors can sometimes claim tax relief on their travel expenses, saving them money as long as they keep to HMRC's rules. |
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If contractors sign a contract with terms not agreed |
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Contractors who sign a contract that includes a mistake may find it is still binding, even if their agent or client was aware of the error. |
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Can my payment terms change without agreement? |
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Contractors are safe from mid-term contract changes, but renewals can be used by all sides to improve their position, says Roger Sinclair of Egos. |
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Contractor Calculator Market Report: December '08 |
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Another mixed month for contractors with good news from the Pre-Budget Report tempered by increasingly fragile economic indicators and falling demand. |
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