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Budget 2012: PSC anti-avoidance measures unlikely to apply to most contractors
The Chancellor’s unexpected personal service company anti-avoidance measures announced in the Budget 2012 shouldn’t affect most contractors.
�(NICs) deducted at source”. However, according to contracting sector tax and IR35 experts, this reaction to the�
Category:
News
| Thu, 22 Mar 2012
Contracting sector unimpressed by 2013 Budget’s minimal action to promote growth
Contractors can expect few immediate benefits and no real growth agenda from Chancellor George Osborne’s 2013 Budget, agree contracting experts.
�rowth from the 2013 Budget , according to leading contracting experts. Many of Chancellor George Osborne’s 2013� �benefit contractors through increased numbers of contracts, but it could take years for these contracts to t�
Category:
News
| Thu, 21 Mar 2013
Contractors with savings and pensions gain from contractor-neutral 2014 Budget
Contractors with pensions and savings stand to gain the most from the 2014 Budget, alongside engineering, construction and oil and gas contractors.
�stimulate activity in the region and generate new contracts for suitably qualified contractors. The personal� �clients with overseas clients could be attractive contract targets in the coming months and years. The pensi�
Category:
News
| Wed, 19 Mar 2014
Contractors should mainly benefit from Budget 2015, say contracting experts
Contractors will mostly benefit from the measures proposed in the 2015 Budget, despite the umbrella expenses review, explain contracting experts.
�of self-assessment, if tax returns are abolished? Contracting experts have welcomed the move to abolish self-as� �es to cover living expenses when they are between contracts. Many are reluctant to put this cash into ISAs be� �r.” Contractors can use flexible ISAs to plan for contract downtime On the ISA front, James is very upbeat:�
Category:
News
| Thu, 19 Mar 2015
Autumn Statement 2015 - key points for contractors
Chancellor George Osborne announces Government’s Spending Review outcomes and tax changes likely to impact on contractors and the contracting sector.
�g more specialist and supply teachers in the core contracting disciplines. The new funding scheme comes into fo�
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News
| Wed, 25 Nov 2015
Budget 2016: public sector contractors face tax avoidance crackdown from 2017
Public sector contractors face a tax avoidance crackdown from April 2017, says Chancellor George Osborne in his Budget 2016.
�look set to go ahead, despite intense lobbying by contracting and business organisations. “In every budget I ha� �han giving a tax advantage to those who choose to contract their work through personal service companies (PS�
Category:
News
| Wed, 16 Mar 2016
Contractor Doctor: Can my agent withhold £10k based on 17-year-old restrictions?
Restrictive clauses appearing to stop contractors contracting direct may not apply if they pre-date the Conduct Regs, says Roger Sinclair of Egos.
�Dear Contractor Doctor, I’ve contracted with the same client for 17 years via the same ag� �estriction clause still apply, preventing me from contracting direct, and can my agency withhold £10,000 as a r� �contractors who cannot have opted out, and whose contracts are therefore subject to the Conduct Regulations� �parently breached a clause in the original agency contract. As a result, my agency has told me it will withh�
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Articles: Contractor Doctor Q+A
| Thu, 19 Jan 2012
Contractor Doctor: Can I bypass an agency offering unfair terms?
Contractors may be able to bypass an agency which is offering unfair contractual terms and refusing to negotiate, explains Roger Sinclair of Egos.
�proach sounds totally unprofessional as I’ve been contracting for nine years and have always been paid promptly� �ractor Doctor, I’ve just been offered a six-month contract through an agency I’ve not dealt with before. The�
Category:
Articles: Contractor Doctor Q+A
| Thu, 26 Jan 2012
Contractor Doctor: Can I buy a tax deductible iPad or Android tablet?
Contractors can claim a tax deduction for the cost of an iPad or Android tablet if it is primarily for business, says Abbott Moore’s James Abbott.
�nvest in some new IT equipment for my engineering contracting business. I am seriously considering buying a 3G� �the rules relating to personal and business data contracts are the same as those for mobile/smartphone contr� �cost can be expensed For a 3G/4G mobile broadband contract to be allowable, the contract must be between the�
Category:
Articles: Contractor Doctor Q+A
| Thu, 16 Feb 2012
Contractor Doctor: Is it worth paying Benefit in Kind (BIK) tax for some benefits?
Contractors can calculate the benefit in kind (BIK) tax for company benefits before deciding how to pay for them, says Abbott Moore’s James Abbott.
�e for some company benefits.” Good luck with your contracting! Contractor Doctor� �moved to the UK to start work on my first interim contract with a financial services client. I am considerin�
Category:
Articles: Contractor Doctor Q+A
| Thu, 16 Feb 2012
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