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Latest Site Updates

ContractorCalculator: Contracting news in brief – 1/Aug/2014 ContractorCalculator: Contracting news in brief – 1/Aug/2014

News this week covers: IT contracts increase; OTS employment review; Mayor supports 15 for 2015; day rates top £1,500; & HMRC targets loan schemes.

Contractors may see simpler expenses rules from consultation, but not until post-2015 Contractors may see simpler expenses rules from consultation, but not until post-2015

Contractors can anticipate simpler rules on expenses and subsistence following a new Treasury consultation, but changes won’t happen until after 2015.

Contractors may benefit from OTS employment status review, which could affect IR35 Contractors may benefit from OTS employment status review, which could affect IR35

Contractors could benefit from the findings of a review of employment status initiated by the Office of Tax Simplification, due out for Budget 2015.

Extracting profits tax efficiently from a limited company Extracting profits tax efficiently from a limited company

Contractors can choose from a range of strategies to extract profits tax efficiently from their limited company, explains Abbott Moore’s James Abbott.


  
  

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