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Budget 2020: Off-Payroll Tax to go ahead, signals Chancellor
The Off-Payroll Tax will be extended to the private sector on 6 April 2020, the Chancellor of the Exchequer announced during this afternoon’s Budget.
�hat 52% of firms are losing at least 50% of their contracting workforce due to the Off-Payroll Tax. “Contractor�
Category:
News
| Wed, 11 Mar 2020
Maternity rights to be stripped from self-employed women under new Conservative law
Ten’s of thousands of female self-employed professionals will have little to celebrate on International Women’s Day this Sunday.
�recent survey of 12,237 contractors conducted by contracting authority ContractorCalculator , to understand th�
Category:
News
| Sat, 07 Mar 2020
Contractor protection ‘time bomb’ threat grows, created by rapid structural growth
Contracting’s structural growth of new contractors who are uninsured and unprotected is creating a protection ‘time bomb’.
�Contracting is growing rapidly and creating a life insurance� �y explains: “A contractor who is only planning to contract for a few years and then return to employment may�
Category:
News
| Thu, 30 Apr 2015
Contractors can cut dividend tax by shifting life insurance costs into their company
Contractors can ease the blow of dividend tax changes and save corporation tax by moving life insurance into their company.
�corporation tax savings. “Many contractors enter contracting with legacy life assurances they took out when em�
Category:
News
| Wed, 04 May 2016
Contractors incorporate limited companies primarily to reduce risk, shows HMRC survey
Contractors choose to incorporate primarily to reduce risk, shows research by HMRC that fills knowledge gaps revealed during the Lords’ PSC inquiry.
�n. HMRC’s research also dispels one commonly held contracting myth that the administrative burden of incorporat� �y and because they would otherwise not be offered contracts by clients and agencies that contractors chose to� �l Insurance Contributions savings (NICs), to meet contract obligations and to enhance credibility. This is a�
Category:
News
| Thu, 09 Oct 2014
Off-Payroll (IR35) small company’s exemption fraught with difficulty, says JSA
Proposals to introduce a small company exemption to the Off-Payroll rules in the private sector pose numerous problems, says Chris James of JSA.
�he expects the criteria to be amended to include contract engagements. Small company criteria at risk of ex�
Category:
News
| Mon, 04 Feb 2019
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