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Dear Contractor,
Welcome to the December 2009 edition of our Contractor Newsletter. A busy month for the contractor sector with the first ever National Freelancers Day on 23rd, organised by the PCG, which helped at a political level to highlight to contribution contractors make to the economy. Our features explain how limited company contractors need to implement the January 2010 VAT change and also detail how for some contractors low emission company cars can be a good tax benefit. We also advise a contractor whose agency tries to change their contract terms when they client is taken over.
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Contractors celebrate National Freelancers Day
Contractors UK-wide celebrated the first National Freelancers Day on Monday as PCG launched its manifesto at Westminster and announced its rebrand. |
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Contractors with pensions aged 49-54 should take pre-Xmas action
Pension rules changes mean contractors who want access to pension cash must act before 6 April 2010, says Tony Harris of ContractorFinancials. |
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Contractors can expect mixed outlook from Pre-Budget Report on 9 December
Chancellor Alistair Darling’s Pre-Budget Report on 9 December 2009 will be eagerly awaited by contractors. What surprises might it hold? |
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The silver lining that is IR35
Without IR35, contractors would not have had many of the positive things we now take for granted in the contracting world. |
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 Contractor VAT invoices & returns – a guide to VAT rate changes from 1 January 2010 |
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VAT rates are set to return to 17.5% on 1 January 2010, which means contractors will have to adjust their invoices and VAT returns accordingly. |
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 Contractors can buy low emission company cars tax efficiently |
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Contractors buying company cars has been of borderline benefit, but James Abbott of Baker Watkin explains that low emission cars may tip the balance. |
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 My client was taken over – can the agency change my contract? |
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Mergers and acquisitions resulting in clients changing ownership are commonplace, potentially meaning early terminations or renegotiations. |
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 Contractor Calculator Market Report December 2009 |
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An increasing number of economic indicators say the economy is turning a corner, but the news is taking time to reach contractors at the coalface. |
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