Search Results

Independent contractors – what are they? Employed or self employed?
Independent contractors are workers who are in business on their own account & provide their expert services to clients under a contract for services.
�s unlimited IR35 assessments, helping you to stay compliant with IR35, combined with insurance to protect aga� �ificant back taxes, NICs, interest and penalties. Contracting abroad – how other countries define independent c� �who provide services for an organisation under a contract for services . Independent contractors are not em�
Category: Articles: Contracting | Tue, 03 Apr 2018

What are umbrella schemes for contractors?
Explains what umbrella companies are and how contractors use them.
�re are other payment schemes which purport to be "compliant umbrella schemes" and offer large take home pay f� �utside IR35, and are a higher rate tax payer then contracting via a limited company is the better financial rou� �any bank account. For long term contractors whose contracts are outside IR35 umbrellas are not as tax efficie� �nce of circa 20% in your tax home pay. If you can contract outside IR35, and are a higher rate tax payer the�
Category: Articles: Contractor umbrellas companies | Thu, 15 Feb 2018

How umbrella company contractors can calculate their holiday entitlements and pay
Umbrella company contractors can work out their holiday entitlement using a standard calculation, explains Pulse Umbrella Group’s Chris Futcher.
�owever, contractors are warned to be wary of less compliant umbrella companies who may not be entirely transp� �e clearly stated within a contractor’s employment contract, not all umbrella companies are transparent in ho�
Category: Articles: Contractor umbrellas companies | Thu, 15 Oct 2015

Contracting top 10: Making sure IR35 won’t apply to you
HMRC is constantly on the lookout for ‘disguised employees’. Here are ten precautions you can take to ensure you don’t get caught.
�s unlimited IR35 assessments, helping you to stay compliant with IR35, combined with insurance to protect aga� �conduct retrospective investigations of your past contracts. You should keep records, such as telephone logs� �d replacing an employee You should always start a contract on the understanding that the role is for a contr�
Category: Articles: IR35 | Wed, 18 Nov 2015

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

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

Contractor Doctor: can I use a tax certificate to offset my tax bill in the UK?
Contractors working overseas can face tax complications, but acquiring a tax certificate can provide an easy and efficient resolution in most cases.
�provides confirmation that their tax affairs are compliant with local tax regulations. The UK has double tax� �erating through a contractor limited company when contracting overseas isn’t often recommended as it tends to g� �Dear Contractor Doctor, I contract via my own limited company, mostly working in Aze�
Category: Articles: Contractor Doctor Q+A | Thu, 11 Feb 2016

Contractor Doctor: Can I claim shared parental leave through my umbrella company?
Umbrella company contractors can claim shared parental leave from their service provider, if they are eligibe, says Parasol's Kerry Harvey.
�arents.” Umbrella company contractors employed by compliant umbrella services providers should receive all th� �ed. This flexibility enables a contractor to keep contracting.” Contractors must be eligible for SPL to qualify� �y working through an umbrella company . My latest contract has lasted just over nine months, and I have been�
Category: Articles: Contractor Doctor Q+A | Thu, 09 Apr 2015

Contractor Doctor: Can umbrella companies withhold holiday pay for days not taken?
Umbrella companies, like any employer, should pay holiday pay, but employees should also take holidays, says Parasol’s Juliet Byrne..
�rasol “Umbrella company contractors working for a compliant service provider are employees with a contract of� �pany to an employment tribunal.” Check employment contracts and take holiday Byrne notes that Tony’s case is� �rella company and I’ve just finished a three-year contract helping a client to build a new website. Since I�
Category: Articles: Contractor Doctor Q+A | Tue, 21 Oct 2014

Contractor Doctor: Can I start a contract when on gardening leave?
Employees on gardening leave and considering contracting should check their employment contract first or they may risk breaching its terms.
�aimed. The overarching employment contract that a compliant umbrella company provides enables contractors to� �ationships that may damage their former employer. Contracting via a limited company or umbrella company means t� �league who went freelance to work on a short-term contract with her, and she is suggesting I can tax efficie�
Category: Articles: Contractor Doctor Q+A | Wed, 17 Jul 2013