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What to do when agencies refuse to change contracts
Contractors with unacceptable contract clauses that their agency refuses to change have a range of negotiating strategies they can apply.
�ance to negotiate on their behalf. How to counter IR35-unfriendly clauses Although having clauses puttin� �in-house legal expertise to reword and customise contracts at short notice. Some agents might also prefer si� �Contractors who commission a review of a new contract may often find their legal experts flag a range o�
Category: Articles: Legal | Wed, 29 Feb 2012

Contractor contract reviews by a legal specialist
Requesting a formal contract review from a legal expert before signing can save contractors from future headaches if something goes wrong.
�legal specialist, who would not only evaluate the IR35 implications but also confirm that the contract i� �ly use advisers with a strong track record in the contracting sector and who have experience of contractor, age� �ealing with legally binding, business-to-business contracts on an ongoing basis. But many contractors sign th� �ractors are so called because they do just that – contract with clients to perform specific projects in exch�
Category: Articles: Legal | Fri, 05 Jun 2009

IR35 future: Australia’s legislation to tackle false self-employment
Australia uses legislation designed to identify the personal services income (PSI) of contractor businesses, with higher taxes for those caught.
�tractor is taxed accordingly, similar to the UK's IR35 legislation . The PSI tests, enforced by Australi� �and construction professionals – could have their contracting income classed as PSI. However, where the cost of� �equipment is greater than 50% of the value of the contract, the income is not classed as PSI. So a contract�
Category: Articles: IR35 Review: Office of Tax Simplification | Mon, 27 Sept 2010

IR35 successor possibilities: what happens in the United States of America
If a successor adopted a US-style independent contractor test, then any replacement would financially penalise clients for misclassification.
�is is a trap HMRC must avoid when considering any IR35 changes or replacement. IR35 in the USA – IRS tes� �ch a replacement to IR35 could ultimately lead to contracts being offshored.� �ship’ – this includes factors such as the written contract, provision of benefits and a factor similar to mu�
Category: Articles: IR35 Review: Office of Tax Simplification | Mon, 06 Sept 2010

HMRC Notes are not Tablets of Stone, unless left unchallenged
The recently dismissed IR35 appeal in the Upper-Tier Tax Tribunal highlights the crucial importance of the fact-finding at FTT.
�disputes and resolution business specialising in IR35 and employment status matters. Chris led the defe� �f obligation (“MoO”) also sailed through on basic contract MoO which was all HMRC asserted. But what about t�
Category: Articles: Off-Payroll (IR35) Reforms | Mon, 21 Jun 2021

Contractors should have schedules in their contracts
Having a schedule in your contract is a great way to stay outside ensure the expectations are clearly defined between contractor and client.
�Show that you have the terms to keep you outside IR35 Contract Essentials When you contract with an age� �hich specialises in contractor affairs: ''You are contracting to provide specific services; you are not signing� �The schedule is a critical part of contractor contracts, and you need to see that it is handled properly.� �sh. So it is important that you demand a two-part contract: 1) the general terms governing your work, and 2)�
Category: Articles: Legal | Thu, 18 Oct 2007

Dividends and contracting: calculation, payment and taxation
You may take dividends from your limited company whenever you are certain that there are after-tax profits to be divided up. Here's how you calculate them.
�pital you may need for your company as well. What IR35 issues are there with contractor dividend payment� �best form of payment for contractors? If you are contracting and running a limited company , the most advantag� �ments? If you believe your revenue is earned from contracts that are inside IR35 , then you must not take div�
Category: Articles: Limited Companies | Thu, 15 Mar 2018

Counting the true cost of a contractor accountant
Derek Kelly of ClearSky Accounting explains how contractors can use a checklist to spot the hidden costs in advertised contractor accountant fees.
�ll businesses and are subject to legislation like IR35 , Kelly warns that most high street accountants w� �off outsourcing everything and focusing on their contracting business, as attempting to save money by doing th� �ost small businesses don’t have to factor in IR35 contract reviews , and because their income and cost base�
Category: Articles: Limited Companies | Thu, 11 Feb 2010

Running your limited company - a contractors guide
This article lists the on going responsibilities and obligations of running a limited company.
�arise you will need to consider the following: 1. IR35 IR35 is a fundamental issue which you will need t� �u will need to consider at the very start of your contracting career and every time you accept a contract. You� �d to seek specialist legal advice for the various contracts you undertake in order to ensure that your decisi� �ur contracting career and every time you accept a contract. You will need to familiarise yourself with the r�
Category: Articles: Limited Companies | Mon, 06 Feb 2006

Contractors annual company accounts - explained
A guide to the financial accounts that contractors working under a limited structure need to prepare each year.
�nd share capital of the company. What effect does IR35 have? If your company is in receipt of any IR35 c�
Category: Articles: Limited Companies | Mon, 19 Jun 2006