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ContractorCalculator: Contracting news in brief - 21/Jan/2011
News this week includes upbeat IT contractor prospects; new GAAR study; female interim numbers peak; high tech to boost economy; & offshore tax guide.
�s by removing much of the uncertainty surrounding IR35, whilst also restricting the activities of potent� �lso restricting the activities of potentially non-compliant contracting services providers. But a GAAR could� �cting the activities of potentially non-compliant contracting services providers. But a GAAR could also sweep m� �ctors will benefit from 500,000 new permanent and contract roles forecast for the UK IT sector over the next�
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News
| Thu, 20 Jan 2011
ContractorCalculator: Contracting news in brief – 17/Mar/2016
News this week covers: Budget 2016; tax avoidance crackdown; oil and gas boost; calls for tax review; LEM; salary sacrifice warning; HMRC investment.
�tors working in the public sector will have their IR35 status determined by their clients from April 201� �ce arrangements to review them to ensure they are compliant with HMRC. Meanwhile, it is also considering limi� �Chancellor George Osborne in his speech. More... Contracting’s stakeholders react to Budget 2016 Contracting s� �to stimulate exploration, investment and eventual contract opportunities. “We welcome these measures as they�
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News
| Fri, 18 Mar 2016
ContractorCalculator: Contracting news in brief – 29/Apr/2016
News this week covers: IR35 criticism; fluctuating finance demand; Brexit fears; new contract sector figures; pensions warning; & legislation review.
�Public sector IR35 reforms called into question Contracting bodies h� �roughly 90% of public sector contractors are tax compliant. This figure was determined from data gathered fr� �Public sector IR35 reforms called into question Contracting bodies have criticised Government plans to reform� �te clauses’, which can be written into employment contracts and prevent individuals from competing against a� �regulatory disciplines, such as compliance, where contract rates are expected to rise by 20% this year. IT c�
Category:
News
| Fri, 29 Apr 2016
Off-Payroll failures highlighted again at Lords inquiry
The Off-Payroll legislation’s fundamental failings were addressed at the latest House of Lords Finance Bill Sub-Committee hearing.
�arned is “fitting business into a strait jacket”. IR35 complexity key to compliance concerns Several exp� �mongst the fundamental issues flagged up were non-compliant blanket assessments of contractors and the failur� �oses overly complex burdens upon engagers. To the contract sector, and indeed to HMRC, this concern is nothi�
Category:
News
| Mon, 02 Mar 2020
Umbrella companies play key role in improving wider contracting sector, says Parasol
In an exclusive interview Parasol managing director Rob Crossland comments on the emerging importance of umbrella companies to the contracting sector.
�as a trading option for contractors caught within IR35 . They have gained in popularity in recent years� �re’ employment management company, providing only compliant PAYE payment solutions. It currently has over 14,� �t many of the legislative hammers used to hit the contracting sector demonstrates that the legislation has been� �le are opting to become contractors on short-term contracts across many sectors, which is likely to swell the�
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News
| Mon, 03 Nov 2008
Contractor offshore solutions – how they work
We dispel the myths that surround contracting as part of an offshore consultancy supply chain and explains how they work.
�as contractors are employees paying tax via PAYE, IR35 legislation ceases to be applicable. The crucial� �The Isle of Man is a highly reputable, secure and compliant offshore financial services centre which provides� �ctors thinking of changing the way they run their contracting business.” As of Dec 2009, Employee Benefit Trust� �onsultancy supply chain provider that manages the contracts and your ‘employment’ is frequently based in the�
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Articles: Other
| Tue, 08 Dec 2009
Off-Payroll (IR35) small company exemption vulnerable to exploitation, warns JSA
Hirers have an open invitation to exploit the proposed Off-Payroll small company exemption, though amendments could hamper company growth.
�involved. ContractorCalculator analysis of HMRC’s IR35 non-compliance cost estimates suggests that the t� �ffsetting the risk of losing contractors to other compliant companies. However, he warns that the rules are s�
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News
| Mon, 25 Mar 2019
IR35 Rules: How to determine if your contract passes - 10 essential points
Signing a contract without checking whether it passes is taking a huge risk. Here’s what to look for before signing the contract.
�If you sign a contract that is within IR35 you could find yourself paying out significant am� �s unlimited IR35 assessments, helping you to stay compliant with IR35, combined with insurance to protect aga� �c expertise is in dealing with IR35 issues in the contracting sector. A high street solicitor or accountant is� �n points contractors should look out for in their contracts to determine whether they pass IR35: Point 1: Bac� �If you sign a contract that is within IR35 you could find yourself payin�
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Articles: IR35
| Mon, 19 Sept 2016
How to get an IR35 pass using the HMRC CEST status tool
HMRC’s IR35 CEST tool will only pass contractors in cases of absolute certainty. Find out the few routes through the tool that can make you pass IR35.
�If you have been asked to use HMRC’s IR35 CEST tool to assess your IR35 status, it may be u� �s unlimited IR35 assessments, helping you to stay compliant with IR35, combined with insurance to protect aga� �his is provided that your answers align with your contract and working conditions. According to case law, an�
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Articles: Off-Payroll (IR35) Reforms
| Tue, 01 Sept 2020
How umbrella company contractors can calculate their holiday entitlements and pay
Umbrella company contractors can work out their holiday entitlement using a standard calculation, explains Pulse Umbrella Group’s Chris Futcher.
�owever, contractors are warned to be wary of less compliant umbrella companies who may not be entirely transp� �e clearly stated within a contractor’s employment contract, not all umbrella companies are transparent in ho�
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Articles: Contractor umbrellas companies
| Thu, 15 Oct 2015
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