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Contractors to benefit from measures announced in the Autumn Statement
Contractors are likely to be better off, with no new tax increases and many new market opportunities revealed in the Chancellor’s Autumn Statement.
�ude: No mention of contractor tax issues, such as IR35, S660/the ‘family business tax’ and the Managed S� �nd housing projects could lead to a stream of new contracts, whereas cancelling fuel duty rises and subsiding� �ncludes 500 new projects, many of which may boost contract opportunities No ‘Tobin Tax’ for banks, but perma�
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News
| Tue, 29 Nov 2011
Contracting sector unimpressed by 2013 Budget’s minimal action to promote growth
Contractors can expect few immediate benefits and no real growth agenda from Chancellor George Osborne’s 2013 Budget, agree contracting experts.
�mpacting on contractors include: The extension of IR35 to include office holders was confirmed. Currentl� �rowth from the 2013 Budget , according to leading contracting experts. Many of Chancellor George Osborne’s 2013� �benefit contractors through increased numbers of contracts, but it could take years for these contracts to t�
Category:
News
| Thu, 21 Mar 2013
Managed service proposals from treasury lack focus and clarity experts say
The Institute of Chartered Accountants of Scotland finds that the Treasurys proposal for managed service companies lacks focus; others find it obscure.
�e new proposals demonstrate the failure of the '' IR35 '' intermediaries legislation that was introduced�
Category:
News
| Wed, 14 Mar 2007
Managed service company legislation - contractor survey
Today we launch an independent Budget Effects Survey designed to shed light on the level of understanding that exists of the new legislation amongst Contractors.
�e most important Budget for Contractors since the IR35 legislation was implemented. Last November 2006 G� �ation. Budget Affects Survey Launched To help the Contracting industry realise the true effects of this new leg�
Category:
News
| Fri, 16 Mar 2007
Duport says number of contractor company formations is "dramatic"
According to the company formations specialist Duport, the number of limited company starts has dramatically increased since the Treasury began its attack on managed service companies.
�y a client. In this way you avoid being caught by IR35 or by having the Revenue consider your company as�
Category:
News
| Mon, 19 Mar 2007
Revenue attacks on contractors will fail
The attacks by The Treasury on ‘managed service’ and ‘personal service’ companies will fail, because contractors who use them are just like other owners of small companies.
�shop, would that mean they would be caught within IR35 ? It’s fine to make jokes about these issues, but� �ately need. Ironically, it is the very success of contracting that has brought it into the pre-budgetary limeli� �vided the services directly to the client under a contract between you and the client, you would have been r�
Category:
News
| Tue, 30 Jan 2007
Contractor guide to splitting dividends
Splitting dividends with a spouse to maximise contracting income used to be the norm, but the Arctic Systems case changed the rules.
�n limited company and whose contracts are outside IR35 have often maximised net income by splitting the� �eived by the taxman as ‘systemic tax avoidance by contracting couples’, HMRC dusted off the little known Sectio� �ctors running their own limited company and whose contracts are outside IR35 have often maximised net income� �plus marketing, which might include searching for contract opportunities and running the company website. Jo�
Category:
Articles: Limited Companies
| Thu, 14 Dec 2017
Travel and fuel expenses for contractors
Most contractors can take travel and fuel expenses, but the Revenue is out to stop those who work for umbrella companies from doing so.
�f as a sole proprietor (and you are not caught by IR35 ) , you can deduct car travel under the Inland Re� �ch traveling for a two-year period, and that your contract does not envisage your continuing for two years,�
Category:
News
| Thu, 15 Feb 2007
Processing your company payroll when contracting via a limited company
Maintaining a company payroll seems a mundane task but Phil Richards of Blevins Franks explains it is a vital statutory requirement for contractors.
�es separately using their own expenses forms (for IR35 status reasons they should never use a client’s o�
Category:
Articles: Limited Companies
| Fri, 24 Oct 2008
‘Soft’ contracting skills are even more important when times are tough
Contractors investing in contracting, as well as technical, skills improve their chances of staying in contract, and in business, during tough times.
�ompany law guidance – even including the May 2012 IR35 changes. There is also detailed, easy-to-follow a� �‘Soft’ contracting skills become even more important when times are� �hances of staying in contract, having a choice of contracts, and maintaining a successful and profitable cont� �ting in them increase their chances of staying in contract, having a choice of contracts, and maintaining a�
Category:
News
| Thu, 14 Jun 2012
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