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Contracting News - Latest Updates: Page 59

The house of lords has upheld the appeal by Arctic Systems
The House of Lords announced that the appeal by Arctic Systems has been upheld.

No IR35 precedent set for contractors by island consultants case, experts say
The IR35 case lost by Island Consultants before HMRC Special Commissioners last week does not set a precedent that will change the way contractors operate, as experts agree.

PCG helps contractors who choose to be sole traders
PCG Solo is a new product from the Professional Contractors Group which will help sole traders, partnerships and limited liability companies.

Thought leadership for contractors: contractor taxation - the way forward
An introduction to our Thought Leadership section for the contracting industry - 'Contractor Taxation - The Way Forward' .

Contractors lose Island Consultants Ltd IR35 case to the revenue
Before the HMRC Special Commissioners, the firm Island Consultants Ltd has lost it's case, and the ruling has found them to be within IR35.

Changes in the final MSC draft offer help to contractors
Jonathan Legg of Lawrence Graham explains the importance of the changes made before the final draft of the MSC legislation was established.

Managed service companies - new revenue guidance for contractors
Contractors have a better idea of what the managed service company legislation means for their businesses now that the Revenue has issued guidance about it. But some areas, regarding agencies for example, need more.

PCG calls for contractor tax simplification
The Professional Contractors Group has issued a call for reform of contractor taxation, with particular reference to the problem of self-employment status.

UK’s freelancers condemn “out of touch” meps
PCG has criticised MEPs for a negative attitude towards “non-standard” ways of working.

A new era for contractor taxation?
JSA chief executive Barry Roback believes that the new managed service company legislation, in its final form, may bring important clarification to contractor tax rules.

Contractors find support for lords' critique of contractor tax
After the House of Lords Economic Affairs issued a radical critique of how contractors are taxed, many have declared support for the search for alternatives.

Contractors don't save enough for retirement
Contractors, like the rest of us in the UK, don't save enough for retirement. But when contractors begin to understand the tax breaks offered by pension contributions, they often make up for lost time.

Contractorcalculator exclusive interview: Anne Redston responds to house of lords critique
A director at the Association of Tax Technicians, who helped devise the last Finance Bill, responds to the critique by the House of Lords Economic Affairs Committee, in particular the managed service company section.

Agents should legally protect contractor data - including CVs
Are agencies protecting your personal information? The UK Information Commissioner doesn't think so, and is waging a campaign to see that they make greater efforts.

Careerbuilder.co.uk survey shows contractors in demand in 2007
According to a survey by agency Careerbuilder.co.uk, contractors can expect companies to keep demand up for the rest of 2007.

Contractor calculator market report - July 2007
IT and engineering demand is still being driven by the skills shortage and contractor pay is still on the rise. A Construction lull is soon to be overtaken by the Olympics.UK economy still growing.

E&y award for Parasol honours contractor pioneer
Ernst & Young have named Rob Crossland of Parasol Entrepreneur of the Year for the North. Crossland takes the opportunity to talk about the evolution of the industry.

Contractor expenses could become the next major issue
Abuse of contractor expenses could become the next major issue for the Revenue.

Contractors should vet providers carefully, says HMRC
At a meeting organised by the PCG, Treasury policy director Robin Wythes told contractors to carefully vet their service providers to ensure that they do not fall under the new managed service company legislation.

Eoc says UK needs more contractors
The Equal Opportunities Commission has called for more flexible work opportunities in the UK. An EOC survey shows that the UK is behind other EU countries in this area.

The last piece in the contractor pension puzzle
The Revenue has cleared up the last issues about contractor pensions with some recent guidance.

Contractors resent treasury attack, JSA poll shows
A survey of contractors by JSA shows that a vast majority resent the attack by the Treasury on managed service companies, and, indeed, feel unjustly singled out by it.

How much may contractors pay their spouses? arctic systems will decide
The Arctic Systems case, currently before the House of Lords, will determine how contractors share income with their spouses who work with them in the future.

Contractor calculator market report - June 2007
Rates are up for IT contractors and engineers, and demand is high in construction.

Contractors in financial services see highest demand
Demand for contractors in the financial services industry is leading the market, according to a survey by the London-based recruitment agency Robert Walters.

Treasury sheds light for contractors on managed service companies
Financial Secretary to the Treasury John Healey explained the intentions of managed service company in a House of Commons Committee Debate.

Control issue dominates in IR35 victories
Contractors continue to win most IR35 court cases, showing the legislation itself is misconceived. PCG have gone far to prove this in case law. The Revenue is likely to take a similar beating over the MSC legislation.

PCG and REC agree on contractor code of conduct
A Code of Conduct for recruiters and agents has been set out by the Professional Contractors Group and the Recruitment and Employment Confederation

PCG wins contractor access for government contracts
The Professional Contractors Group has won access for all contractors to government contracts that require security clearance.

Accounting firm JSA defines status with contractor companies
The contractor-specialised accounting group JSA shows definitively that it does not run managed service companies.

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