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ContractorCalculator: Contracting news in brief – 09/Oct/2015
News this week covers: contractor skills shortages; HMRC IR35 review; expenses proposals impact; September’s PMIs; & Conservative conference reaction.
�More... ContractorCalculator’s response to HMRC’s IR35 discussion document ContractorCalculator has resp� �k. “Contractors who are having difficulty finding contracts may need to look further afield, as the demand fo� �on (REC) and KPMG Report on Jobs which suggests a contract-rich environment for those looking for temporary�
Category:
News
| Fri, 09 Oct 2015
ContractorCalculator: Contracting news in brief – 30/Oct/2015
News this week covers: Party conferences; contracting not result of recession; 2013-14 Tax Gap; finance sector drives growth; CIOT criticises IR35.
�asuring Tax Gaps 2015 document was any mention of IR35. “Considering IR35 should be generating nearly ha� �tructure Commission, which was warmly welcomed by contracting sector representatives. Osborne also announced th� �by 21%. “The perpetual war for talent means that contract vacancies are consistently strong, despite an inc�
Category:
News
| Fri, 30 Oct 2015
Labours potential tax rises - effect on contractors
The effects of potential post election tax rises on contractors.
�loyers NI would not affect contractors outside of IR35. For a contractor on £30 per hour caught by IR35�
Category:
News
| Fri, 08 Apr 2005
IR591 - damp squib in budget detail
IR591 has turned out to be a bit of a damp squib. IR35 has not been abolished, and there is large tax bombshell.
�IR591 has turned out to be a bit of a damp squib. IR35 has not been abolished, and there is large tax bo�
Category:
News
| Thu, 18 Mar 2004
Recognition of small business tinged with disappointment
The leader of Britain’s freelance community has given a guarded welcome to today’s Budget.
�“ said PCG chairman Simon Juden. “Those caught by IR35 cannot claim training against their tax, unlike t�
Category:
News
| Wed, 16 Mar 2005
Contractors face long haul for employment status clarity, says OTS review
Contractors will have a long wait before measures can be implemented to introduce clarity and certainty over employment status, says the OTS’s review.
�he employment status review specifically excluded IR35 , the OTS highlights that employment status case� �nput addressing some of the issues we highlight.” Contracting sector experts are split over the issue. The Asso� �at the worker is employed. If there is freedom to contract, employment status is not an issue.” Chaplin’s po�
Category:
News
| Thu, 05 Mar 2015
Contractor travel and subsistence restrictions go ahead, confirms Finance Bill 2016
Contractor travel and subsistence tax relief abolished for contractors caught by IR35 or considered under ‘SDC’, confirms Finance Bill 2016.
�Contractors caught by IR35 or under supervision, direction or control (SDC)�
Category:
News
| Wed, 09 Dec 2015
Contractor pensions biggest casualty of Chancellor George Osborne’s Autumn Statement
Contractor pension tax relief and income tax thresholds will hit contractors’ pockets, according to the Autumn Statement by Chancellor George Osborne.
�hening the existing intermediaries’ legislation ( IR35 ) to put beyond doubt that it applies to office h�
Category:
News
| Wed, 05 Dec 2012
Contractors with savings and pensions gain from contractor-neutral 2014 Budget
Contractors with pensions and savings stand to gain the most from the 2014 Budget, alongside engineering, construction and oil and gas contractors.
�tion will become law, but there are no changes to IR35. Several areas of infrastructure and housing will� �stimulate activity in the region and generate new contracts for suitably qualified contractors. The personal� �clients with overseas clients could be attractive contract targets in the coming months and years. The pensi�
Category:
News
| Wed, 19 Mar 2014
Contractors ignoring pensions do so at their (financial) peril
Contractor pensions haven’t enjoyed good press recently, but an expert IFA wanrs contractors against reducing their investments.
�l preference. Pensions can mitigate the impact of IR35 The flexibility of pensions also allows contracto� �s to increase their contributions when working on contracts caught by IR35. “In this way even if a contractor�
Category:
News
| Tue, 19 Jun 2012
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