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ContractorCalculator: Contracting news in brief – 31/May/2013
News this week covers: global contractor demand; umbrella debate; offshore employment schemes threatened; IT contractor motivation; and EU tax rules.
�ding via partnerships to get their own version of IR35 Contractors trading via partnerships could end up� �dwide, shows Manpower Contractors working in core contracting disciplines such as IT, engineering, interim mana� �experience a mass exodus of banking clients, and contracts should European Union (EU) bank bonus cap rules b�
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News
| Fri, 31 May 2013
ContractorCalculator: Contracting news in brief - 08/Apr/2011
News this week includes AWR guidance; increased contractor demand; real time PAYE; space agency launches; and financial and services sectors growth.
�he Business Link website as are used to determine IR35 status. More… Umbrella company contractors may be� �ch jump in demand Contractors working in the core contracting disciplines of IT, engineering and construction h� �including contractors seeking IT and engineering contracts on space technology programmes. More… IT contract� �Services and construction upturns result in more contract opportunities Contractors in the service and cons�
Category:
News
| Thu, 07 Apr 2011
Contractors’ cause to climb up political and economic agenda in 2010, promises PCG
MD John Brazier tells ContractorCalculator of PCG’s plans for 2010, including a focus on economic policy and ongoing political engagement.
�policy platform pre- and post-election “Repealing IR35 remains firmly on our policy agenda, we are also� �spite the negative impact of the recession on the contracting community, Brazier confirms that PCG membership i�
Category:
News
| Thu, 21 Jan 2010
ContractorCalculator: Contracting news in brief – 4/Apr/2014
News this week covers: contract vacancies; late payments; financial sector hiring; North Sea exploration; PCG economic report; and HMRC NIC guidance.
�the guidance also says that contractors operating IR35 and making deemed payments are unable to claim th� �the greatest opportunity.” As these are all core contracting disciplines, this suggests the prospects for cont� �cle and contributing to a “sharp increase” in new contracts and jobs. More... UK Services PMI: Although growt� �Contract vacancies increase led by technology, engineering�
Category:
News
| Fri, 04 Apr 2014
Contractors & small business owners to pay 7.5% more tax on dividends from April 2016
Contractors and small business owners to pay extra 7.5% tax following dividend tax reforms, works out at £2,400 more a year for basic rate payers.
�haplin. “That this measure, alongside a review of IR35 and a consultation on the future of umbrella and�
Category:
News
| Wed, 08 Jul 2015
Contractors stand to gain little and lose more from ‘political’ Budget
Contractors can expect a multitude of small tax increases with few gains, and there are no changes to IR35, income shifting or umbrella expenses.
�are no changes to core contractor issues, such as IR35 , Section 660 , umbrella expenses and NICs on div� �made to make available 15% of central government contracts to SMEs and pay 80% of invoices within five days.�
Category:
News
| Wed, 24 Mar 2010
Contractor relief as Chancellor announces low-impact measures in the PBR
Contractor relief as ‘the most flexible labour force in Europe’ benefits from low-impact budget, but banking and tax avoidance schemes are targeted.
�courage lower emission vehicles. Contractor taxes IR35 and income shifting regulations remain unchanged,� �ling had very little to comfort the UK’s hard-hit contracting community. Despite that, most contractors are lik�
Category:
News
| Wed, 09 Dec 2009
Surprise at contractor-neutral Pre-Budget Report, but pensions fallout still unclear
Contractor service providers express surprise at the low impact of the PBR, but the full story of the impact on pension plans is yet to come.
�ell as limited company contractors working inside IR35 ,” continues the IFA expert. “The freeze in the h� �Contracting sector commentators have expressed surprise at th�
Category:
News
| Fri, 11 Dec 2009
Contractor Doctor: My fee income has dropped – should I deregister for VAT?
Abbott Moore’s James Abbott explains that contractors should deregister for VAT only when their business has changed focus, or is closing.
�ter off The VAT on costs, such as accountancy and IR35 contract review fees, can be reclaimed Because mo� �tor, I am an IT contractor trading through my own contracting limited company . I’ve been registered for VAT pr� �ff The VAT on costs, such as accountancy and IR35 contract review fees, can be reclaimed Because most contra�
Category:
Articles: Contractor Doctor Q+A
| Thu, 29 Jul 2010
Contractor Doctor: Can my client replace me with cheap labour from outside the EU?
Clients looking for cost savings can be tempted to terminate local contractors for cheap imports from outside the EU, but it often costs more.
�an employee. This keeps many contractors outside IR35 and allows them to earn considerably more than th� �se to work on their project. The whole essence of contracting in situations like this is that, as a contractor,� �, or agency. In particular, nearly all contractor contracts will have a termination clause requiring each par� �r contractors, I have been working on a long-term contract based in Denmark, for a UK client and via a UK ag�
Category:
Articles: Contractor Doctor Q+A
| Wed, 18 Feb 2009
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