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“Contractors playing Russian roulette with their tax affairs”
Survey shows that contractors and freelance professionals are disregarding basic best practice in ensuring their contracts are outside IR35.
�practice in ensuring their contracts are outside IR35, putting them at risk of being caught by HM Reven� �isregarding basic best practice in ensuring their contracts are outside IR35, putting them at risk of being c� �ow that: 93% of respondents believe their current contract is not caught by IR35, but only 24% have had thei�
Category:
News
| Mon, 27 Oct 2008
PCG’s revelation of IR35’s £1.5m per year tax take is (sadly) not the full story
PCG has used the Freedom of Information Act to reveal that the annual IR35 tax take from contractors is just £1.5m – but there’s more to the story.
�With official figures showing that IR35 only brings in about £1.5 million each year, it w� �are within IR35; many, particularly those new to contracting, prefer the simplicity and convenience of not run� �rk through an umbrella because they believe their contracts are within IR35; many, particularly those new to�
Category:
News
| Fri, 22 May 2009
IR35 special report: 10 years that shook the world of UK contractors
ContractorCalculator marks 10 years of IR35 with expert perspectives on this controversial tax law - Download the 36 page special report now!
�g facts to come out of ContractorCalculator’s new IR35 special report on the past, present and future of� �ion of the fact that IR35 has helped shape modern contracting, for better or worse, ContractorCalculator has co�
Category:
News
| Mon, 02 Nov 2009
Contractor IR35 investigation for first time sparked by P35 service company question
HMRC may have started targeting contractors for IR35 investigations by using the P35 service company question, according to Seb Maley of Qdos
�t appears they may well become targets of an HMRC IR35 enforcement campaign. So warns Seb Maley of Qdos� �spector has asked to see the contractor’s current contract and to find out who reviewed it to establish whet�
Category:
News
| Mon, 05 Jul 2010
IR35 Changes in April 2012 should lead to ‘substantive progress’, says OTS
Contractors need “substantive progress” on IR35 administration, says the Office of Tax Simplification in its small business tax review final report.
�ss” made on improvements to the administration of IR35 , according to the Office of Tax Simplification (� �orum – a body with representatives from HMRC, the contracting sector and professional advisors – to produce rec� �ther than on those that may have just an isolated contract that may breach IR35.” It expects to see the publ�
Category:
News
| Wed, 29 Feb 2012
IR35 risk profiles likely to be the future of HMRC compliance campaign
IR35 risk profiles are likely to be the drivers of HMRC’s IR35 compliance campaign, once the full results of the IR35 Forum’s work are revealed.
�IR35 risk profiles are likely to underpin HMRC’s IR35�
Category:
News
| Sat, 17 Mar 2012
No certainty from HMRC’s new IR35 framework, but the policy debate must be sustained
No certainty for limited company contractors yet, but the policy debate is far from over, say OTS Tax Director John Whiting and PCG’s Simon McVicker.
�HMRC’s new IR35 framework, with its business entity tests , examp� �tors outside of IR35.” Vessey agrees: “HMRC’s new contract review service that will provide contractors foun�
Category:
News
| Tue, 15 May 2012
IR35 compliance letters are out: affected contractors urged to seek expert advice
Contractors receiving HMRC’s IR35 compliance letters should not panic and instead seek expert professional advice, says Qdos Consulting’s Seb Maley.
�New IR35 compliance letters have been hitting limited comp� �yer record checks, but they request copies of all contracts and a breakdown of the company’s income over its�
Category:
News
| Wed, 13 Jun 2012
HMRC has only issued 193 IR35 letters to contractors since 1 April
ContractorCalculator has obtained evidence via a Freedom of Information request that HMRC has only opened 193 IR35 investigations since 1 April 2012.
�HMRC only opened 193 IR35 investigations between 1 April 2012 and 9 Novembe�
Category:
News
| Wed, 05 Dec 2012
IR35 Forum minutes: business entity tests aren’t working and should be abolished
The latest minutes of the IR35 Forum meeting held in May 2014 show that the business entity tests are not working as intended and should be abolished.
�ctors have learned from the latest minutes of the IR35 Forum meeting held on 7 May 2014 that the busines�
Category:
News
| Mon, 22 Sept 2014
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