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Oil and gas contractors may have a long-term future in the UK North Sea, shows report
Oil and gas contractors may benefit from long-term demand in the UK North Sea with tax and cost savings, suggests Oil & Gas UK’s Activity Survey 2015.
�olm Webb. North Sea investment required to secure contracts and jobs Webb continues: “This is crucial not onl� �s not taken, contractors should start looking for contract opportunities in other oil and gas provinces as t�
Category:
News
| Tue, 24 Feb 2015
ContractorCalculator: Contracting news in brief – 27/Feb/2015
News this week covers: oil and gas contracting; contractor rates; rate cuts in banking; procurement; mortgage war; HMRC appeals; & expenses guidance.
�understanding of the current situation.” More... Contracting clearly pays dividends, as contractor earnings ou� �contractors might want to think about looking for contracts in other oil and gas provinces around the world.�
Category:
News
| Fri, 27 Feb 2015
No ‘quick wins’ for contractors from OTS employment status report
Contractors shouldn’t expect any quick wins from the OTS review of employment status, but worryingly a statutory employment test is being considered.
�However, the report acknowledges that the rise of contracting and freelancing means that there is a growing pro�
Category:
News
| Tue, 03 Mar 2015
ContractorCalculator: Contracting news in brief – 06/Mar/2015
News this week covers: OTS report; key client event; IPSE warns political parties; APSCo data; expat destinations; and oil & gas tech focus for 2015.
�re... Contractor client conference to discuss key contracting issues planned for end-March Contracting clients� �ontractors have a target rich environment for new contracts Construction activity reached a four-month high a� �for a key event – the 5th Annual Temporary & Contract Workforce Conference - to discuss a range of issu�
Category:
News
| Fri, 06 Mar 2015
What is a contractor?
A contractor is a highly skilled contingent worker providing knowledge-based services direct to clients or via agencies on a project by project basis.
�project basis Hired under a business-to-business contract for services Nanobusinesses, trading as limited c�
Category:
News
| Tue, 16 Dec 2014
ContractorCalculator: Contracting news in brief – 30/Jan/2015
News this week covers: skills shortages; IPSE index; oil and gas opportunities; HMRC five figure fines; and unions attack AWR Swedish Derogation.
�Contracting skills shortages worsen, as IT and engineering op� �erforming well. The results suggest the number of contracts will continue to grow and capacity for freelancer� �the taxman’s complacency over its IT maintenance contract due for replacement in 2017. The Telegraph’s Chri�
Category:
News
| Fri, 30 Jan 2015
Contractors with large company cash reserves need to act now to save thousands in tax
Limited company contractors have little time left to tax-efficiently distribute cash reserves through an MVL, before new regulations come into force.
�iest way to comply with the TAAR would be to stop contracting and secure PAYE employment. Or a contractor could� �d in the process. “There are many contractors who contract for a few years before utilising MVL’s and using�
Category:
News
| Tue, 19 Jan 2016
Government contractor T&S changes are ill-informed, SNP politician claims
Contractor T&S changes are representative of a Government ignorant to the complexities of the modern labour market, claims Roger Mullin of the SNP.
�. Prior to the implementation of the legislation, contracting bodies warned that restrictions would intensify s�
Category:
News
| Thu, 19 May 2016
Moving buy-to-let properties into a company - issues to consider
Contractors might be able to mitigate the impact of buy-to-let tax changes by putting rental income into a company, says James Abbott of Abbott Moore.
�o have to find.” Contractors urged not to combine contracting and rental income For contractors who receive suf�
Category:
Articles: Tax Issues
| Wed, 25 May 2016
Contractors’ guide to VAT
VAT is a contractor’s best friend if treated right, or worst enemy unless care is taken to keep to the rules. Here’s how to keep the VAT-man happy.
�Contractors who work through their own contracting limited company can potentially save a significan� �y that is not registered for VAT and only used on contracts with clients who cannot reclaim VAT, so that the� �VAT registration a disadvantage? Contractors who contract directly with their clients, rather than an agenc�
Category:
Articles: Tax Issues
| Wed, 07 Mar 2018
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