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How much will section 660 cost contractors?
This article explains which contractors will be affected by Section 660 and how much it will affect them financially.
…one year. But, this is not a fixed rule, and the IR can still go back further years. The amount of an…
Category: Articles: Section 660 | Mon, 04 Oct 2004

Umbrella companies, IR35 compliance & HMRC approval – contractors should be cautious
You should beware of umbrellas claiming compliance, HMRC approval & special dispensations.
…ing their services, contractors will remain ‘IR35 compliant’. To put this into context, limited company contr… …ella service providers fulfil a vital role in the contracting supply chain, ensuring a suitable trading vehicle… …run a limited company , or others who may be in a contract which they know to be inside IR35. However, some…
Category: Articles: Contractor umbrellas companies | Mon, 31 Jan 2011

Financial considerations when deciding to take a contract
Should you accept the offered contract or wait for a higher paid one to come along? Let's look at the numbers.
…le for £20 per hour, but the contract is not IR35 compliant. This means you will pay considerably more tax an… …hard earnt savings from all those previous years contracting have been used up. Well, something like that anyw… …ke that anyway! So, you start looking for another contract. After a few weeks, and hundreds of ignored phone…
Category: Articles: Job Search | Thu, 11 Jan 2018

An evaluation of the HMRC IR35 advice and guidance
Provides an independent viewpoint of the IR35 advice on the HMRC web site.
…rguing that the individual is an employee. If the IR win they can then claim more tax revenues. It is… …sign a contract. They will be able to review your contracts , help you remain outside IR35 and protect you ag… …m an expert in IR35, preferably before you sign a contract. They will be able to review your contracts , hel…
Category: Articles: IR35 | Wed, 09 Feb 2005

IR35 - the appeal process
If you are deemed caught by IR35 by the Inland Revenue you can appeal the decision.
…Notice of Decision from when it is issued. 4. The IR is then required to look at the situation again.…
Category: Articles: IR35 | Thu, 23 Mar 2000

What is a Key Information Document (KID)?
Contractors working ‘inside IR35’ under the Off-Payroll rules should expect to receive a KID from their agency at the beginning of each engagement.
…nd exposes any red flags indicating potential non-compliant tax treatment of their earnings. What should be i… …D) from their agency at the beginning of each new contract. A new initiative designed to deliver transparenc…
Category: Articles: Contracting | Tue, 19 Jan 2021

Contracting and the national minimum wage (NMW)
Limited company contractor directors are not affected by the national minimum wage, but umbrella contractors employed by their service provider are.
…ation. Umbrella company contractors employed by a compliant service provider are affected, and NMW applies. C… …excluded by the rules, so NMW does not apply Contracting businesses are typically highly cash generative f… …because if the umbrella is not compliant with its contracts, it may not be compliant in other ways. The situa… …e to go down this route, and set up an employment contract with their own business, NMW will apply If NMW ap…
Category: Articles: Limited Companies | Wed, 30 Apr 2014

Negotiating your contract for IR35 compliance
If you have been offered a contract which is caught, or are in a contract that is caught you’ll need to consider negotiating changes to get it outside. We explain how.
…ual for them to advertise contracts that are IR35 compliant as a selling point. In booming markets it is in t… …ctors and it is not unusual for them to advertise contracts that are IR35 compliant as a selling point. In bo… …Whether it is a new contract or a contract renewal it is in your interest to g…
Category: Articles: IR35 | Mon, 24 Apr 2006

Agencies can override incorrect Off-Payroll (IR35) status decisions by clients
The Off-Payroll legislation shows that agencies are free to override assessments made by clients, as Matt Boddington of Chartergates explains.
…and ‘reasonable care’ Agencies are urged to adopt compliant practices to overcome what Boddington considers t… …in a bizarre situation whereby they enter into a contract and are expected to abide by a status decision th…
Category: Articles: Off-Payroll (IR35) Reforms | Wed, 25 Jul 2018

Off-Payroll audit guide: How to avoid IR35 compliance risks in the supply chain
Hiring firms and recruiters must take careful measures to negate tax liability risk resulting from the Off-Payroll (IR35) debt transfer provisions.
…m simply to ease its tax collecting task when non-compliant parties prove difficult to locate. Many have high… …that the provider isn’t considered for any future contracts offered. If a high-risk supplier was introduced t… …IR35 status assessments and the tax treatment of contract income aren’t the only issues to consider regardi…
Category: Articles: Off-Payroll (IR35) Reforms | Thu, 10 Sept 2020