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Minimising the risk of an HMRC investigation
Contractors can minimise the risk of being investigated by HMRC by taking simple yet effective measures, explains Abbott Moore’s James Abbott.
�ted James Abbott, Abbott Moore In the case of IR35 , the now defunct business entity tests ( BETs )� �accurate tax returns can be based,” says Abbott. Contracting businesses failing to maintain adequate records f�
Category: Articles: Tax Issues | Wed, 27 Nov 2013

Choosing an umbrella services company
This guides explains the many factors to consider when choosing an umbrella company. Follow our advice to get the best.
�not make any attempt to work outside the scope of IR35 . All income paid by salary only. Allows for reas�
Category: Articles: Contractor umbrellas companies | Tue, 01 May 2018

Reasons and practicalities of moving from an umbrella to a limited company
Discusses the reasons and steps to take to move from an umbrella arrangement to a limited company.
�nce To run the company you will need to: Consider IR35 issues Update your records Invoice your clients C� �You may have started contracting through an umbrella company and now want to conti� �will be difficult to transfer an existing running contract from an umbrella company to a new limited company�
Category: Articles: Contractor umbrellas companies | Thu, 18 Jan 2018

Moving from permanent to contracting - case study 4
We interview a first time contractor in Project Management who shares his experience of moving into contracting for the first time.
�tacted me out of the blue. Q) How did you address IR35 issues? My wife (a qualified solicitor) and I pou� �nagement who shares his experience of moving into contracting for the first time. Interview Q) How long had you� �Luckily an agent phoned me out of the blue for a contract position which was perfect for me. After an inter�
Category: Articles: First timers | Wed, 26 Jul 2006

How contractors should prepare for financial services screening
It's important to understand the process of financial services screening as it is becoming impossible to work in the sector without it.
�handy for other uses like proving you are outside IR35. ''You don't know how often I hear: ''It's all at� �achieve. Doing short-term assignments is part of contracting, and if you keep all the paperwork from all your� �work in financial services, so even a three-month contract with one bank will be followed by a new police ch�
Category: Articles: Job Search | Thu, 06 Sept 2007

Effective contracting skills and experience keep contractors in well-paid contracts
“Contracting skills” are a combination of those commercial and business skills plus experience that are needed to secure regular, well-paid contracts.
�or daily contract rate , and to negotiate out any IR35 -unfriendly clauses in the contract. Contractors� �ost successful. By applying this mindset to their contracting, they’re likely to have a greater chance of secur� �chance of securing an ongoing stream of lucrative contracts. According to Contractor Calculator CEO Dave Chap� �ees, and contractors need to tailor the CV to the contract on offer so that their CV matches exactly what th�
Category: Articles: First timers | Thu, 31 Aug 2017

Contractor umbrella companies and their contractors’ employment rights
Contractors who work through an umbrella company can have the same employment rights as permanent employees, confirms Derek Kelly of Parasol.
�ompany contractors , whether inside or outside of IR35 , have no employment rights with their client – t� �port, stability and benefits that limited company contracting does not, yet giving contractors more flexibility� �increased minimum payments when they are not in a contract and statutory redundancy pay. In return, however,�
Category: Articles: Contractor umbrellas companies | Wed, 19 Nov 2008

IR35 - the appeal process
If you are deemed caught by IR35 by the Inland Revenue you can appeal the decision.
�a Notice of Decision – which says whether you are IR35 free or not. 3. The Contractor has 30 days to app�
Category: Articles: IR35 | Thu, 23 Mar 2000

IR35 and contracts - How to spot a badly worded one
Learn the issues to look for in your contract that could spell IR35 disaster - and how to avoid them.
�lly examine your contract to identify any sign of IR35 . And whilst, since the Autoclenz judgement , you� �their providers. The use of certain terms in your contracts will make them seem like employment contracts, an� �HMRC will carefully examine your contract to identify any sign of IR35 . And whilst, since�
Category: Articles: IR35 | Tue, 10 Oct 2017

Keeping your contracting skills updated
Contractors can keep their contracting skills updated by applying new techniques on existing contracts & increasing their value to potential clients.
�as this could be used against a contractor in an IR35 investigation. There are also rules about the typ� �Contractors can keep their contracting skills updated by investing in training and apply� �pplying the new techniques they learn on existing contracts. This will increase a contractor’s ‘marketability� �d research, is to gain a new skill on an existing contract, usually by convincing an existing client to tria�
Category: Articles: Contracting | Mon, 30 May 2011