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ContractorCalculator: Contracting news in brief – 31/Oct/2014
News this week covers: BETs abolished; BBC test judicial review; late payment; high paying contracts; paper tax return deadline; & simpler CT filing.
�Contractors no longer be required to use the IR35 Business Entity Tests (BETs) Contractors will no� �offer increased capacity and specialist skills to contracting clients that increasingly adopt lean workforce st� �have been given insights into the highest paying contracts and the skills they need to win them. Umbrella co� �kills.” The core contracting disciplines dominate contract and temp work in the UK, accounting for 35.9% of�

Category: News | Fri, 31 Oct 2014


ContractorCalculator: Contracting news in brief – 11/Sept/2015
News this week covers: Contractor availability growth slows; bogus IR35 claims; engineering contractors benefit from investment; HMRC criticised.
�s calculations in its Intermediaries Legislation (IR35) discussion document which attempts to persuade r� �loyee. The example ignores basic realities of the contracting marketplace, for example that clients always pay�

Category: News | Fri, 11 Sept 2015


ContractorCalculator: Contracting news in brief – 13/Feb/2015
News this week covers: IR35 yield plummets; umbrella expenses; IPSE’s new department; no more PQQs; and HSBC Swiss account holders face SFO probe.
�HMRC’s IR35 tax yield fell to £430,000 during 2013/14, costin� �positive growth territory, three of the five core contracting disciplines slipped down or stayed the same in th� �inue to hire oil and gas contractors on lucrative contracts. A new report by PricewaterhouseCoopers (PwC) hig� �workforce,” believes Kermode. Contractors seeing contract market stabilise, with specialist skills demand s�

Category: News | Fri, 13 Feb 2015


Lords call for HMRC Powers Review as Loan Charge is slammed
A Lords report has slammed the taxman’s efforts tackling tax avoidance and evasion, recommending an independent body is formed to prevent HMRC abuse.
�k is done to expose the link between the original IR35 iteration and HMRC’s reaction to the use of schem�

Category: News | Tue, 04 Dec 2018


How contractors pay more tax than employees
Contractors raise more tax than equivalent employees, despite HMRC’s worked examples in its IR35 discussion document that try to prove the opposite.
�s calculations in its Intermediaries Legislation (IR35) discussion document try and prove that employees� �00 per year. This is assuming they work a typical contracting work pattern of five days per week for 46 weeks.�

Category: News | Tue, 08 Sept 2015


Supreme Court judgment exposes HMRC's misguided stance on employment status law
HMRC’s stance on MOO has again been disproven in court; this time as the Supreme Court rejects an appeal against the infamous Pimlico Plumbers ruling.
�s judgment followed earlier judgments relevant to IR35, and specifically mutuality of obligation, such a� �sition The Court deliberated over whether Smith’s contract with Pimlico cast obligations on him during perio�

Category: News | Wed, 13 Jun 2018


PCG to offer advice and guidance on budget day
PCG assemble expert team to offer advice and guidance to freelancers on Budget Day-17th March 2004
�d the most important Budget for freelancers since IR35 was announced four years' ago. The Professional C�

Category: News | Thu, 11 Mar 2004


£10 - £15 per hour worst hit by IR591
Those contractors earning between £10 and £15 per hour are most hit by the new measures, with £12 being the worst hit.
�It does not apply contractor currently caught by IR35 or those whose profits exceed £50k per annum. £10�

Category: News | Mon, 22 Mar 2004


New budget calculators released
Contractor Calculator contains new calculators to assess the effects of the recent budget on your net income.
�ncome, taxes, effects of rate changes, effects of ir35, and permanent options. Permanent Salary Comparis� �ine income, taxes, effects of salary changes, and contracting options. Contractor Financial Profile Calculator� �ary Comparison Calculator : Compare two salaries. Contract Comparison Calculator : Compare two contract rate�

Category: News | Thu, 06 Apr 2006


Contractors see change of courts position on employee rights
An interview with Adrian Marlowe, managing director of recruitment industry specialist legal consultancy Lawspeed, on what is changing in the courts about employee rights.
�hat in any respect there are any implications for IR35 , since the IR35 rules enable HMRC to avoid havin� �nt Appeals Tribunal said that where normal agency contracts are used there is no ''necessity'' to consider wh� �' to consider whether or not there was an implied contract between the client and the contractor.'' There is�

Category: News | Mon, 10 Dec 2007


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