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ContractorCalculator: Contracting news in brief – 24/Mar/2016
News this week covers: Public sector IR35 reform; OTS review reaction; oil and gas activity; Brexit warning; rising IT contractor demand; buy-to-let.
�IR35 public sector changes pose questions for contract� �ractor’s IR35 status would be determined. More... Contracting stakeholders give mixed response to OTS review Co� �n work should consider looking further afield for contract opportunities, as production projects around the�
Category: News | Thu, 24 Mar 2016

Are you putting enough by for a comfortable retirement?
With many contractors enjoying substantial net incomes, it is easy to focus on the here and now and not make adequate provision for the future. Are you putting enough by to enjoy a comfortable retirement?
�Contractors outside of IR35 earn significant net incomes and, with so much ca�
Category: News | Tue, 26 Aug 2008

Contractors don't save enough for retirement
Contractors, like the rest of us in the UK, don't save enough for retirement. But when contractors begin to understand the tax breaks offered by pension contributions, they often make up for lost time.
�rect from your company bank account. If caught by IR35 , you save not only the income tax that would ord� �t periods, so they take advantage of high-earning contracts to make larger contributions,'' the IFA expert po� �l adviser (IFA). ''Contractors, who move from one contract to another, tend to be somewhat careless about sa�
Category: News | Tue, 10 Jul 2007

Contractor and freelancer marketplace emerges from recession with double-digit growth
PeoplePerHour.com founder Xenios Thrasyvoulou explains how the freelancer marketplace has emerged from recession showing double-digit growth.
�ncer who completed the last one. No agency and no IR35 Does Thrasyvoulou consider PeoplePerHour.com as c�
Category: News | Thu, 17 Jun 2010

Contractor Calculator Market Report September 2008
Contractors returning to work after the holiday season are faced with the unwelcome news that the Dragonfly IR35 appeal has been lost.
�failure of Jonathan Bessell to win his Dragonfly IR35 case appeal in the High Court will affect them. T� �re. However, it is not all doom and gloom for the contracting sectors. Positions and pay are being maintained i� �or as a whole could experience an overall rise in contract opportunities, as employers realise the benefits�
Category: News | Tue, 09 Sept 2008

Online contractor accountant services: why they aren’t simply web-based spreadsheets
Crunch MD Darren Fell explains how online accountants are innovating and adapting to meet head-on the concerns and increasing needs of contractors.
�plus an expert knowledge of tax legislation like IR35 . The PCG scheme rigorously ensures we have every� �in ever-increasing numbers, starting with the IT contracting boom of the 1980s, there was the slow realisation�
Category: News | Thu, 15 Apr 2010

Using company money to start another unrelated business
Are you considering starting another unrelated business within your current limited company structure? The article explains the issues.
�le? This situation only arises if you are outside IR35, since you can choose not to declare dividends bu� �start other ventures that are unrelated to their contracting profession. Some contractors might think that usi� �company would be trading “Ultra Vires”. I.e. any contract signed would be non-enforceable in law. Treatment�
Category: News | Mon, 11 Sept 2006

Could the personal service company be next for contractors?
The personal service company could be the next target of the Treasury.
�ices company' actually dates back to the original IR35 legislation . At that time, a 'de facto' distinct� �' James Leckie, MD of contractor start-up site IT Contracting , said: "Although all limited companies have the� �rvice companies-- the Tribunal made it clear that contracts of employment may be implied or deduced from all� �the IR35 legislation. You need to show that your contract terms and the way you work (your working practice�
Category: News | Thu, 29 Mar 2007

Contractor demand for limited companies is stable with more confidence
Demand for limited companies has stabilised since the dramatic increase due to managed service company legislation, contractors who start these companies are more confident, according to company-formation specialist Duport
�ractor does business in the future,'' Dawes says. IR35 And Other Factors By running your own business, a� �siness, and by taking great care to see that your contracts are based on projects, the owner of a limited com�
Category: News | Thu, 15 Nov 2007

Public sector IR35 reforms: contractors need to take stock, says IPSE chief executive
Public sector contractors need to consider their position following the biggest change to IR35 in its history, warns IPSE chief executive Chris Bryce.
�With crucial changes to how IR35 is applied in the public sector now just four mon� �y staunch opposition to the changes from multiple contracting stakeholders in the form of consultation response� �lly shift the way in which people engage with the contract sector.” Not only this, a substantial reduction i�
Category: News | Wed, 07 Dec 2016

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