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ContractorCalculator: Contracting news in brief - 13/Aug/2010
News this week includes a warning that a ‘new IR35’ might have ‘rougher edges’; encouraging signs on rates; and greater clarity on Agency Worker Regs.
�will become a forum for AWR-related debate in the contracting community. “It’s important that our industry star� �or contractors and freelancers wishing to work on contracts that require security clearance. This is publishe�
Category:
News
| Thu, 12 Aug 2010
ContractorCalculator: Contracting news in brief - 20/Aug/2010
News this week includes HMRC defeat; financial services sector recovery; tax ‘super law’; and contractor demand bucking otherwise negative trends.
�ing to the Monster Employment Index, but the core contracting sectors of IT, engineering, construction and rese�
Category:
News
| Fri, 20 Aug 2010
ContractorCalculator: Contracting news in brief - 27/Aug/2010
News this week includes HMRC to be “less combative”; ongoing demand for IT, offshore and energy contractors; and public sector pain begins.
�ecession.” More… Contractors urged to be cautious contracting for public sector suppliers “Contractors supplyin� �es and Scottish Enterprise. Many of these will be contracts leveraging existing offshore and energy expertise� �IT workers has resulted in an upwards pressure on contract rates of 2%. The bulletin also warns that, althou�
Category:
News
| Thu, 26 Aug 2010
Contractors using subcontractors face nightmare from draft HMRC legislation
Contractors subcontracting work to other contractors and freelancers face a red tape nightmare from HMRC’s new onshore intermediaries reporting regs.
�s and service providers: “Activity in the vibrant contracting and freelance sector could potentially slow down,� �ve to report directly to HMRC every time they sub contract out work. Contractors will be required to obtain�
Category:
News
| Tue, 23 Dec 2014
What is a Limited Liability Partnership (LLP)?
Limited liability partnerships (LLP) offer businesses many of the benefits of a general partnership with the limited liability of a limited company.
�LLP can own assets, employ people and enter into contracts. Unlike a limited company, an LLP does not requir�
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Articles: Tax Issues
| Wed, 21 Jan 2015
OTS Employment status review key questions: ContractorCalculator’s response
ContractorCalculator responded to the Office of Tax Simplification’s (OTS) request for responses to key questions for its Employment status review.
�Contractors and other contracting sector stakeholders are eagerly awaiting the outc� �nge employment status and give workers freedom to contract, or Remove the different tax treatment of earning�
Category:
News
| Mon, 02 Feb 2015
Contractors face long haul for employment status clarity, says OTS review
Contractors will have a long wait before measures can be implemented to introduce clarity and certainty over employment status, says the OTS’s review.
�nput addressing some of the issues we highlight.” Contracting sector experts are split over the issue. The Asso� �at the worker is employed. If there is freedom to contract, employment status is not an issue.” Chaplin’s po�
Category:
News
| Thu, 05 Mar 2015
What tax code should I be on? How UK tax codes work
UK tax codes tell contractors how much tax they are paying. Limited company contractors control their tax code but it is set for umbrella contractors.
�ly, when a contractor leaves their last job to go contracting they will be given a P45 by their former employer�
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Articles: Tax Issues
| Tue, 10 Mar 2015
Onshore Employment Intermediaries reporting rules: contractor obligations
Contractors must supply personal data to agencies for the Onshore Employment Intermediaries reporting rules: those that subcontract are also caught.
�s say that one person limited company contractors contracting direct with the client don’t have to submit repor� �ed in the return of the intermediary that has the contract with the end client.” Furthermore: “If a personal�
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Articles: Tax Issues
| Thu, 16 Apr 2015
Contractor badges of trade: HMRC rules on being in business
Contractors who demonstrate badges of trade according to HMRC’s rules are in business on their own account, explains Emily Coltman of FreeAgent.
�dditional services that are related to their core contracting activities may also be carrying on a trade. Coltm�
Category:
Articles: Tax Issues
| Wed, 10 Jun 2015
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