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Contractors’ legitimate travel expenses must be safeguarded, says PCG to Treasury
The Professional Contractors Group is standing up to HM Treasury over the right of umbrella company contractors to continue claiming travel expenses.
�anies fulfil an obvious and important need in the contracting sector, by providing an option for contractors wh� �these contractors and freelancers have employment contracts with their umbrella companies and pay tax and Nat�
Category:
News
| Fri, 10 Oct 2008
Lawspeed leads AEMC response to Treasury consultation on contractors’ expenses
A response to the Treasury’s consultation on contractors’ travel expenses has been submitted by Lawspeed, representing the AEMC and 14 umbrellas.
�concerns and included substantial research on the contracting sector. “The Treasury ’s primary basis for the co�
Category:
News
| Wed, 22 Oct 2008
Treasury attack on umbrella companies 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.
�The sense of relief felt by the contracting sector has been palpable, following the news in l�
Category:
News
| Mon, 01 Dec 2008
Abolishing contractor expenses tax relief anti-competitive, warns IPSE’s Chamberlain
Abolishing tax relief for contractor expenses is anti-competitive and will harm genuine small businesses, warns IPSE’s Andrew Chamberlain.
�the pool of available contractors and freelancers contracts sharply. “Many of those highly skilled, flexible�
Category:
News
| Mon, 24 Aug 2015
IR35 – is HMRC taking liberties with our rights?
Under IR35 laws, contractors are guilty until they prove themselves innocent and contract law simply doesn’t apply. Fair?
�error suspects... Welcome to the twilight zone of contracting and IR35 . Just when you thought it was safe to g� �s guilty until they prove themselves innocent and contract law simply doesn’t apply? And we’re not talking a�
Category:
News
| Mon, 24 Nov 2008
When is a contractor not a contractor? When they get taxed.
What’s in a name? HMRC labels contractors according to how it wants to tax them, not what they do. No wonder there’s confusion. Let’s name names.
�concurrently on small projects for many clients. Contracts are rare; work is performed personally with the o� �work via agencies for single clients. They have a contract for services, which means they can substitute (se�
Category:
News
| Mon, 08 Dec 2008
Curriculum vitae upgrade – is it time to dust off your contractor CV?
As the contracting sector does just that, contract, maybe it’s time to dust off that CV and take a long hard look at how you sell yourself.
�er the last recession in the early 90s. And I was contracting when the dot com bubble burst at the beginning of� �at happened: The contractors who secured the best contracts (or any contract for that matter!) weren’t always� �ontractors who secured the best contracts (or any contract for that matter!) weren’t always the ones that we�
Category:
News
| Wed, 10 Dec 2008
Contracting: It’s not all about the money.
When you’re really good at contracting, getting good money is just part of the buzz you get for being at the top of your profession.
�hat’s market forces for you. But when it comes to contracting, high pay is just a by-product of what contractor� �can’t be told to do something that’s not in their contract. And if the client gets difficult, because they m�
Category:
News
| Mon, 22 Dec 2008
‘Wealthy’ contractors stash away contracting money for retirement and savings
Who are you calling rich? Contractors enjoying good money when contracting would be wise to bolster savings and stash their cash for retirement.
�Dave Chaplin, CEO, ContractorCalculator: Can contracting make you rich? Well, that rather depends on what� �t card company’s money. If you are currently in a contract, chances are you are already earning a decent amo�
Category:
News
| Mon, 05 Jan 2009
Taxes are an expense contractors can limit; so who’d be taxed as an employee?
A contractor can quite legally minimise the expense of taxes paid as a reward for the risk taken by being in business and not employed.
�ract, you are earning so much more. If you can go contracting, then why on earth would you want to be remain a� �the flexibility to take as much time off between contracts as you like and can afford. And you can probably� �f you fancy it, because when you are working on a contract, you are earning so much more. If you can go cont�
Category:
News
| Mon, 19 Jan 2009
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