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Contractors to benefit from government response to latest OTS proposals
Contractors will benefit as the government responds to the Office of Tax Simplification’s recommendations that include merging income tax and NICs.
�esses, A merger of income tax and NICs would make IR35 irrelevant. However, there could be one downside�
Category:
News
| Wed, 10 Dec 2014
ContractorCalculator: Contracting news in brief – 12/Dec/2014
News this week covers: OTS recommendations; umbrella consultation; contractor demand; HMRC VAT campaign; oil & gas skills; & HMRC targets solicitors.
�ovan, locum social workers are being targeted for IR35 compliance , as HMRC believes that the level of c� �l contractor employment services sector.” More... Contracting market softens as yearend approaches Contractors� �ontractors should focus their efforts to find new contracts in the New Year. “Despite increased pressure with� �ome disciplines may experience a softening of the contract market as the final quarter of 2014 approaches, s�
Category:
News
| Fri, 12 Dec 2014
MPs accuse "overmighty" HMRC of "abusing" power like the Post Office
Parliamentary debate signals the start of a possible root-and-branch reform of HMRC to curb abuse of power by the state.
�rawing on the recent experience of Kaye Adams and IR35 , said: "What is interesting is that the behaviou� �charge scandal is that these ordinary people were contract workers doing a job of work for somebody or some�
Category:
News
| Fri, 19 Jan 2024
PCG supporting s660a tax test case for husband and wife business
The first hearing of a Section 660A case by the Special Commissioners of Income Tax will begin on Monday 14 June 2004.
�and has the potential to be more significant than IR35. Section 660A (S660A), known as the “settlements�
Category:
News
| Wed, 09 Jun 2004
PCG launches sara online s660a risk analysis tool for freelancers
The PCG have developed a tool for determining the risk from section 660A.
�A is arguably more important for freelancers than IR35 as it relates to the individual rather than the c�
Category:
News
| Thu, 04 Mar 2004
Parliamentary questions on IR591
Further hints about the IR591 legislation were given during recent parliamentary questions.
�rior consultation after the trouble they had with IR35? It seems we are going to have to wait and see.�
Category:
News
| Thu, 22 Jan 2004
SDC guidance updated by HMRC provides greater understanding
Contractors and clients have received support to help determine the existence of supervision, direction or control through new HMRC guidance.
�ice company (PSC) contractors deemed to be inside IR35 on 6 April 2016. Within its guidance, HMRC refers� �t will be needed. These include details about the contract terms and the actual working arrangements, such a�
Category:
News
| Fri, 08 Apr 2016
Act now to avoid 50% increase stakeholder pensions charges
Due to government regulations, contractors have only until the end of this year to avoid paying an extra 50% more in pension charges when they take out a new pension.
�rn! You can also significantly reduce the pain of IR35 with a pension . You can find out how much you co�
Category:
News
| Tue, 23 Nov 2004
Contractors facing more stealth taxes as ‘sensible’ pre-election Budget is forecast
Contractors should expect few Budget surprises as the Chancellor has limited options, but ClearSky’s Derek Kelly warns of more stealth taxes to come.
�mended on things like umbrella company expenses , IR35 , Section 660 and dividends (i.e. income shifting�
Category:
News
| Mon, 22 Mar 2010
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.
�continuity of leadership within the organisation. IR35 and PSC's: Nothing mentioned in his speech. Await� �g more specialist and supply teachers in the core contracting disciplines. The new funding scheme comes into fo�
Category:
News
| Wed, 25 Nov 2015
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