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Travel and fuel expenses for contractors
Most contractors can take travel and fuel expenses, but the Revenue is out to stop those who work for umbrella companies from doing so.
�f as a sole proprietor (and you are not caught by IR35 ) , you can deduct car travel under the Inland Re� �ch traveling for a two-year period, and that your contract does not envisage your continuing for two years,�
Category:
News
| Thu, 15 Feb 2007
Research reveals 1.4 million freelancers and contractors in the UK
Landmark research commissioned by the Professional Contractors Group reveals 1.4 million contractors and freelancers work in the UK.
�e sector, which have resulted in ever-more-strict IR35 legislation and enforcement. Although linked by t� �. The findings demonstrate that the freelance and contracting sectors represent highly skilled workers from ver�
Category:
News
| Wed, 17 Sept 2008
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.
�mpacting on contractors include: The extension of IR35 to include office holders was confirmed. Currentl� �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 to benefit from measures announced in the Autumn Statement
Contractors are likely to be better off, with no new tax increases and many new market opportunities revealed in the Chancellor’s Autumn Statement.
�ude: No mention of contractor tax issues, such as IR35, S660/the ‘family business tax’ and the Managed S� �nd housing projects could lead to a stream of new contracts, whereas cancelling fuel duty rises and subsiding� �ncludes 500 new projects, many of which may boost contract opportunities No ‘Tobin Tax’ for banks, but perma�
Category:
News
| Tue, 29 Nov 2011
Contractors not unusual for using dividend pay strategies, shows HMRC survey
Contractors are not the only types business using dividend strategies, prompting questions as to why contractors are targeted by HMRC for doing so.
�nesses with tax changes, such as dividend tax and IR35 , is not only putting the workforce at risk, but� �continues the report. Companies operating in core contracting sectors, such as professional, scientific and tec�
Category:
News
| Wed, 14 Oct 2015
Loan Charge APPG report exposes alarming abuse and malpractice by HMRC
Improper and potentially unlawful conduct from HMRC and the Treasury has been exposed in the APPG’s Inquiry into the Loan Charge.
�ployer advice, often in an attempt to comply with IR35. ‘Inquiry report reads like criminal record for H�
Category:
News
| Thu, 04 Apr 2019
Online interactive contractor tax calculators now available with latest tax data
ContractorCalculator’s comprehensive range of personal and business online interactive tax calculators have been updated with the latest Budget data.
�rovide accurate, up-to-date calculations covering IR35 as well as all other personal and business figure�
Category:
News
| Mon, 12 Apr 2010
Contractors find VAT registration issue resolved
Contractors can do VAT-only invoices for all jobs undertaken while they've been waiting for VAT registration.
�most tax sense for contractors not caught by the IR35 legislation . But all this growth in numbers has�
Category:
News
| Wed, 17 Oct 2007
Contractors’ group slams government with call for tax revamp
Calling for a major overhaul of UK taxation, the Professional Contractors Group (PCG) has heavily criticised government, HMRC and HM Treasury in its treatment of contractors.
�ed in statute S44-7 ITEPA 2003 should be repealed IR35 should be repealed The Family Business Tax (“ inc� �he government does not recognise freelancing [and contracting] as a valid business model.” This is not a great�
Category:
News
| Thu, 10 Jul 2008
Contractor client event finalises speaker line-up to cover key contracting issues
Contractor client event, the 5th Annual Temporary & Contract Workforce Conference, finalises line-up with contracting experts speaking on key issues.
�is is an important feature, plus it helps to keep IR35 at bay. “However, this independence is not incomp� �March, has finalised its line-up, which features contracting experts speaking on key contingent workforce issu� �ctor client event, the 5th Annual Temporary & Contract Workforce Conference taking place in London on Tu�
Category:
News
| Thu, 26 Mar 2015
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