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Contracting and claiming statutory sick pay (SSP) for limited company contractors
Contractors can claim statutory sick pay (SSP) from their limited company if taking time off due to illness, explains James Abbott of Abbott Moore.
�s under PAYE.” This means that contractors inside IR35 , or who choose to pay themselves a salary above� �rly if there are long-term implications for their contracting business.”� �ing to the policy on sickness in their employment contract, or if the contract does not specify a notificati�
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Articles: Limited Companies
| Mon, 13 Feb 2012
6 tips for choosing an accountant for your limited company
Decided to use a limited company for your contracting? Then you'll need a specialist accountant. Here are 6 tips on how to find and choose one.
�which will specifically concern you, for example, IR35 and other “hot topics” relevant to your industry.� �Have you decided to start contracting using a limited company? Then you will need to ge�
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Articles: Limited Companies
| Wed, 04 Oct 2017
Training expenses - what contractors can claim
Investment in training can pay real dividends for contractors in order to maintain and upgrade their skills. Although most relevant training costs can be claimed, some types of training are excluded by HMRC.
�so suggests that the contractor is working within IR35 . Large companies would normally invest in traini� �ills are in the best position to take the pick of contracts available. Contractors in some sectors, like engi� �uld mean the difference between winning that next contract, or not.�
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Articles: Expenses
| Wed, 30 Jul 2008
Self-Employment Review: why defining self-employment plays into the taxman’s hands
Contractors could potentially have to deal with tax hikes if Self-Employment Review recommendations to legally define self-employment are acted upon.
�, HMRC wouldn’t be continually tampering with its IR35 legislation, because it would already be clear as� �There are a lot of blurred lines when it comes to contracting, and whilst it can often be a pain, sometimes it�
Category:
News
| Tue, 23 Feb 2016
Uber ruling opinion: gig workers need rights, but don't hurt genuinely self-employed
The Uber tribunal could shift public policy benefitting those who work in the gig economy. But hopefully it won't damage the contracting sector.
�d following the announcement of the public sector IR35 reforms . The taxman reckons it will generate an� �self-employed and the self-employed ‘worker’. The contracting sector does not need any more red tape and regula� �worker rights whilst agency workers on zero hour contracts aren’t even guaranteed income. Government must ac� �of protecting the vulnerable, the last thing the contract sector needs is more red tape. The Government mig�
Category:
News
| Wed, 02 Nov 2016
IT contractors have too many options now for banks to get away with cutting rates
IT contractors have too many alternative options to be frightened by banks threatening rate cuts. Clients are simply harming their own prospects.
�limited company contractors that they are outside IR35. If RBS follows Barclays’ lead, it is likely we w� �appears to be carefully adhering to its existing contracts by timing the cuts according to each individual c� �dress from this scenario as a result of breach of contract for incorrectly applied termination periods. Most�
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News
| Tue, 29 Apr 2014
CEST was not formally assessed under Governments own standards, reveals FOI
Despite impacting thousands of tax payers, HMRC’s online tool CEST was not formally assessed under the Government Digital Services standards.
�es no documentation or testing In the most recent IR35 Forum minutes HMRC attempted to gloss over the la�
Category:
News
| Mon, 06 Aug 2018
BBC chiefs pin problems on CEST after hundreds suffered unjust tax bills
CEST was exposed as the cause of the BBC tax saga at a PAC meeting yesterday, having changed the employment status of hundreds of presenters overnight.
�shared statistics indicating that CEST had found IR35 not to apply in 54% of assessments conducted. And�
Category:
News
| Thu, 31 Jan 2019
BBC refutes Treasury claim it was satisfied CEST was accurate
BBC has shared fresh evidence documenting its implementation of the Off-Payroll regime, quashing Treasury claims that it was satisfied with CEST’s accuracy.
�O did not conclude that HMRC’s enforcement of the IR35 rules encouraged the BBC to force presenters into�
Category:
News
| Fri, 08 Feb 2019
Contractor brain drain: off-payroll rules threaten critical public service delivery
EXCLUSIVE: Contractors with essential skills are leaving the public sector, forced out by the off-payroll rules that threaten key service delivery.
�x contractors have been literally forced to apply IR35 when they know they are outside of the legislatio� �r who left a ‘body-shopping’ IT consultancy to go contracting, is concerned that the level of competition among� �s currently and formerly working on public sector contracts have indicated to ContractorCalculator that key p�
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News
| Wed, 02 Oct 2013
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