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ContractorCalculator: Contracting news in brief – 16/Jan/2014
News this week covers: Lords PSC inquiry hots up; marketing plus oil and gas updates; and HMRC branded “whale surviving on tiny plankton”.
�nfairly targeted by HMRC. More... HMRC finds that IR35 contractors are more valuable than it previously� �nual review also highlights that a further 20,000 contracts and jobs are likely to be created globally during�
Category:
News
| Fri, 17 Jan 2014
Contractor doctor: can contractors run two businesses from one company?
Contractors have every right to run as many businesses as they choose from their limited companies. There are a few issues they should be aware of.
�n one also reduce the likelihood of falling under IR35 ? Thanks in advance, Mr. S. Loveridge. Contractor� �status on a respective basis. Good luck with your contracting! Contractor Doctor�
Category:
Articles: Contractor Doctor Q+A
| Mon, 13 Aug 2007
Contractor-friendly emergency budget could have a nasty tax-sting in its tail
Many contractors will benefit from the business-friendly budget but increases in capital gains tax and potential pension reform could penalise others.
�es. There is also a restated commitment to review IR35 and small business taxation. But news on pensions� �unting , says the budget has made limited company contracting even more favourable as a tax-efficient option fo� �income into private schemes and umbrella company contracts using salary sacrifice schemes could be caught by�
Category:
News
| Wed, 23 Jun 2010
Contractor pensions biggest casualty of Chancellor George Osborne’s Autumn Statement
Contractor pension tax relief and income tax thresholds will hit contractors’ pockets, according to the Autumn Statement by Chancellor George Osborne.
�hening the existing intermediaries’ legislation ( IR35 ) to put beyond doubt that it applies to office h�
Category:
News
| Wed, 05 Dec 2012
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.
�tion will become law, but there are no changes to IR35. Several areas of infrastructure and housing will� �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
Budget promises contractors IR35 review, but high-earning contractors face tax hikes
The emergency budget promises an IR35 and small business taxation review alongside lower taxes for business, but also tax hikes for higher earners.
�udget will be pleased with the promised review of IR35 as part of a wider review of small business taxat�
Category:
News
| Tue, 22 Jun 2010
Recognition of small business tinged with disappointment
The leader of Britain’s freelance community has given a guarded welcome to today’s Budget.
�“ said PCG chairman Simon Juden. “Those caught by IR35 cannot claim training against their tax, unlike t�
Category:
News
| Wed, 16 Mar 2005
IR591 - damp squib in budget detail
IR591 has turned out to be a bit of a damp squib. IR35 has not been abolished, and there is large tax bombshell.
�IR591 has turned out to be a bit of a damp squib. IR35 has not been abolished, and there is large tax bo�
Category:
News
| Thu, 18 Mar 2004
Contractor doctor: can my client force a rate reduction during the contract?
This client is trying to change the contractors rate on a contract that is already in force. They have no legal right to do this, and contractors shouldn't stand for it.
�very difficult indeed. The other consideration is IR35 . If you are currently caught by IR35, then findi� �vercome any 11% loss in rate. Good luck with your contracting. Kind regards Contractor Doctor� �Dear Contractor Doctor, My contract was renewed a couple of months ago, but recently�
Category:
Articles: Contractor Doctor Q+A
| Tue, 27 May 2008
Contractor Doctor: My client has asked me to move location – do I have to relocate?
Contractors faced with a client request to change location must review their contract to consider available options, advises Roger Sinclair of Egos.
�ind a new contract? Document any changes to avoid IR35 dangers Whatever the outcome, Sinclair advises th� �identify potential outcomes.” Good luck with your contracting! Contractor Doctor� �city, the location I agreed to when I signed the contract, it means my commute is fairly straightforward an�
Category:
Articles: Contractor Doctor Q+A
| Thu, 01 Jul 2010
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