Contractors with tech skills in short supply: now is an ideal time to go contracting
Contractors with technical skills, including IT, engineering and construction, are in short supply, so now is perfect time to choose contracting.
HMRC IR35 case capacity revealed as only 250: the war on disguised employment is over
HMRC’s IR35 investigation capacity has been confirmed as 250 by the IR35 Forum Minutes, showing that the war on disguised employment is at an end.
ContractorCalculator: Contracting news in brief – 27/Mar/2015
News this week covers: Temp & Contract Workforce event line-up; IR35 and the OTS; oil & gas contracts; IPSE pension reforms; and EFIP’s new members.
Contractor client event finalises speaker line-up to cover key contracting issues
Contractor client event, the 5th Annual Temporary & Contract Workforce Conference, finalises line-up with contracting experts speaking on key issues.
IR35 could become irrelevant if OTS Employment Status Review solutions are adopted
IR35 was not the focus of the OTS Employment Status Review but it could become irrelevant if the report’s recommendations are implemented.
ContractorCalculator: Contracting news in brief – 20/Mar/2015
News this week covers: Budget 2015; IR35 Forum; City hiring; IMA survey; Scotland’s contractors; self-employment numbers; & contract workforce event.
Contractors should mainly benefit from Budget 2015, say contracting experts
Contractors will mostly benefit from the measures proposed in the 2015 Budget, despite the umbrella expenses review, explain contracting experts.
Budget 2015 for contractors - key points
Contractors face a mixed bag from the Budget 2015 including measures tackling umbrella expenses, pensions, abolishing tax returns and oil tax cuts.
Contractors in Scotland face mixed prospects, as contract market remains soft
Contractors within different contracting sectors have increasingly varying prospects in Scotland’s contract market, as it softens for a second month.
Contracting’s growth a structural change that’s likely to continue, says BoE report
Contracting sector’s growth is a structural change that’s accelerating, leading to improved prospects for contractors, says a Bank of England Report.
IR35 Forum to keep contractors in the dark about future meetings
Contractors only just see minutes from an IR35 Forum meeting held last year when it was proposed to change the terms of reference & shorten minutes.
ContractorCalculator: Contracting news in brief – 13/Mar/2015
News this week covers: HMRC’s false IR35 assumptions; MPs briefed on umbrellas; increased contractor demand; tax avoidance; & IPSE’s Budget demands.
HMRC publishes estimates of IR35 costs and Exchequer risks using flawed assumptions
HMRC has published its estimates of IR35 compliance costs to contractors and the Exchequer risk if IR35 were to be abolished using flawed assumptions.
Umbrella contractor expenses Budget clampdown may be averted by HoP event
The feared umbrella contractor expenses clampdown expected in the Budget may be averted or diluted as MPs are briefed at the Houses of Parliament.
Contract opportunities increase in core contracting disciplines as economy grows
Engineering, construction, media and marketing contractors all have increased contract opportunities resulting from accelerating economic growth.
ContractorCalculator: Contracting news in brief – 06/Mar/2015
News this week covers: OTS report; key client event; IPSE warns political parties; APSCo data; expat destinations; and oil & gas tech focus for 2015.
96% of public sector contractors are compliant with off-payroll rules, says Treasury
96% of public sector contractors can demonstrate that their tax affairs are in order, but 94 contractors have been reported to HMRC by the Treasury.
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.
No ‘quick wins’ for contractors from OTS employment status report
Contractors shouldn’t expect any quick wins from the OTS review of employment status, but worryingly a statutory employment test is being considered.
ContractorCalculator Market Report March 2015
Contractor markets soften in some disciplines, but not in IT, engineering and oil and gas where specialist skills remain very much in demand.
ContractorCalculator: Contracting news in brief – 27/Feb/2015
News this week covers: oil and gas contracting; contractor rates; rate cuts in banking; procurement; mortgage war; HMRC appeals; & expenses guidance.
Contracting pays, as an increased proportion of contractors earns more than employees
Contracting clearly pays, as skills shortages are causing a greater proportion of contractors and temps to be paid more than permanent employees.
Oil and gas contractors may have a long-term future in the UK North Sea, shows report
Oil and gas contractors may benefit from long-term demand in the UK North Sea with tax and cost savings, suggests Oil & Gas UK’s Activity Survey 2015.
ContractorCalculator: Contracting news in brief – 20/Feb/2015
News this week covers: Employment Intermediary reporting; Scotland’s contract market; HMRC unfairly targeting contractors; and RTI penalties.
Contracting market softens in Scotland, with better prospects in the wider UK market
The contracting market softens in Scotland, in contrast to improving contractor prospects and contract opportunities across the wider UK market.
Employment intermediaries reporting catches limited company contractors, says HMRC
Employment intermediaries legislation reporting requirements includes personal service companies, shows new draft legislation and guidance from HMRC.
ContractorCalculator: Contracting news in brief – 13/Feb/2015
News this week covers: IR35 yield plummets; umbrella expenses; IPSE’s new department; no more PQQs; and HSBC Swiss account holders face SFO probe.
IR35 2013-14 tax yield collapses, pushing HMRC compliance into the red
IR35’s tax yield fell to just £430,000 during 2013/14 driving HMRC’s compliance operation into the red by up to £170,000 and wasting taxpayers’ money.
Contractors can turn the oil and gas sector slump to their advantage, suggests DNV GL
Oil and gas contractors can benefit from the impact of falling oil prices as many clients plan to maintain investment, suggests a report by DNV GL.
IR35 could become irrelevant within months, with new rules taking effect from April
IR35 could become effectively dead within months once the new Employment Intermediaries reporting requirements come into force from April 2015.
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