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Treasury move on mscs will drive non-compliance problem underground
View from Barry Roback, Chief Executive of JSA Accountants.
�ssary for those contractors already in fully IR35 compliant arrangements in composite companies, to move into� �s proposed legislation did not signify the end of contracting, but simply another misguided attempt by the Trea� �ed with a lot more paperwork, as thousands of new contracts would have to be entered into so that all terms w�
Category:
News
| Fri, 12 Jan 2007
Off-Payroll draft legislation published: Government dismisses consultation concerns
Draft legislation for proposed Off-Payroll private sector rules ignores consultation feedback and confirms clients will assess IR35 status from 2020.
�ules that risk imposing unfair tax liabilities on compliant parties, it appears as though Government intends� �ractors to help prevent irrevocable damage to the contracting sector by joining the Stop the Off-Payroll Tax ca� �tion requires clients to assess status before the contract has even started, ignoring the realities of the w�
Category:
News
| Thu, 11 Jul 2019
Contracting stakeholders raise concern over T&S changes and public sector IR35 reform
Contracting stakeholders met to discuss T&S changes and public sector IR35 reform at FCSA’s Compliance Seminar, attended by ContractorCalculator.
�Robert Burton conceded that in targeting the non-compliant, HMRC has a tendency to overlook how legislation� �gave umbrella providers, accountants and relevant contracting stakeholders an opportunity to address changes to� �35, why not simply only hire people on fixed term contracts, and forget about the test?” HMRC responded that� �simply by including a substitution clause in the contract. “I think we were all expecting the recent HMRC g�
Category:
News
| Tue, 12 Apr 2016
ContractorCalculator: Contracting news in brief - 21/Jan/2011
News this week includes upbeat IT contractor prospects; new GAAR study; female interim numbers peak; high tech to boost economy; & offshore tax guide.
�lso restricting the activities of potentially non-compliant contracting services providers. But a GAAR could� �cting the activities of potentially non-compliant contracting services providers. But a GAAR could also sweep m� �ctors will benefit from 500,000 new permanent and contract roles forecast for the UK IT sector over the next�
Category:
News
| Thu, 20 Jan 2011
Contractor offshore solutions – how they work
We dispel the myths that surround contracting as part of an offshore consultancy supply chain and explains how they work.
�The Isle of Man is a highly reputable, secure and compliant offshore financial services centre which provides� �ctors thinking of changing the way they run their contracting business.” As of Dec 2009, Employee Benefit Trust� �onsultancy supply chain provider that manages the contracts and your ‘employment’ is frequently based in the�
Category:
Articles: Other
| Tue, 08 Dec 2009
ContractorCalculator: Contracting news in brief - 16/Dec/2011
News this week includes new IR35 ruling; contractor demand picks up; JSA joins FCSA; oil & gas sector praised; and public money for aerospace sector.
�ntractor Services Association Contractors seeking compliant service providers have greater choice following t� �th ContractorCalculator. More… IT and engineering contracting doing well in ‘two-speed’ UK labour market IT and� �ose’ attitude will find work” Contractors between contracts should not be put off by doom and gloom in the UK� �ed that only the final four years of a seven-year contract with client Allianz were inside IR35, which is li�
Category:
News
| Thu, 15 Dec 2011
ContractorCalculator: Contracting news in brief - 17/Dec/2010
News this week includes the end of EBTs; disappointing labour market statistics; OTS interim review; IT employees unhappy; & retail sector upbeat.
�ims about take-home pay. Correctly structured and compliant umbrella companies have nothing to fear from the� �king to clarify confusion that has arisen in some contracting media over who the new legislation will target. C� �lternative to a permanent employee, thus securing contract opportunities in 2011. More… Contractors supporti�
Category:
News
| Fri, 17 Dec 2010
ContractorCalculator: Contracting news in brief – 29/Apr/2016
News this week covers: IR35 criticism; fluctuating finance demand; Brexit fears; new contract sector figures; pensions warning; & legislation review.
�roughly 90% of public sector contractors are tax compliant. This figure was determined from data gathered fr� �Public sector IR35 reforms called into question Contracting bodies have criticised Government plans to reform� �te clauses’, which can be written into employment contracts and prevent individuals from competing against a� �regulatory disciplines, such as compliance, where contract rates are expected to rise by 20% this year. IT c�
Category:
News
| Fri, 29 Apr 2016
ContractorCalculator: Contracting news in brief – 17/Mar/2016
News this week covers: Budget 2016; tax avoidance crackdown; oil and gas boost; calls for tax review; LEM; salary sacrifice warning; HMRC investment.
�ce arrangements to review them to ensure they are compliant with HMRC. Meanwhile, it is also considering limi� �Chancellor George Osborne in his speech. More... Contracting’s stakeholders react to Budget 2016 Contracting s� �to stimulate exploration, investment and eventual contract opportunities. “We welcome these measures as they�
Category:
News
| Fri, 18 Mar 2016
HMRC Self-Assessment (SA) enquiries - how they work
If you’re subject to a Self-Assessment enquiry, a simple tax return mistake could cost thousands. Here we explain how they work and how to avoid one.
�tor may use the information at hand to spot a non-compliant taxpayer using sources of information that Connec�
Category:
Articles: Tax Issues
| Tue, 16 Jan 2018
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