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ContractorCalculator: Contracting news in brief – 01/Apr/2016
News this week covers: JobsOutlook; contractor tax investigations; late payment clampdown; Finance Bill 2016; IR35 challenge; and digital tax warning.
�ism in financial services.” More... Public sector IR35 reforms at risk of legal challenge Government pro� �c sector are to be met with extensive lobbying by contracting stakeholders. APSCo has branded the recent Budget� �of Professional Staffing Companies (APSCo) reveal contract vacancies have increased by 7%, compared with thi�
Category: News | Fri, 01 Apr 2016

ContractorCalculator: Contracting news in brief – 27/Nov/2015
News this week covers: AS 2015; T&S relief; contractor recognition; JobsOutlook; finance sector drives demand; HMRC consultation; NHS contractor cap.
�AS 2015: T&S restrictions go ahead while IR35 remains unchanged Contractors were relieved to fi� �with policymakers now increasingly aware of core contracting issues and the importance of the contingent workf� �with vacancies in the finance sector up by 34%. “Contract vacancies are consistently strong, despite a cont�
Category: News | Fri, 27 Nov 2015

Contractors could benefit from post-Brexit Government reform, expert claims
Contractors could benefit from regulatory reform following the post-Brexit arrival of Theresa May’s Government, says Andy Chamberlain of IPSE.
�rtable with that regulation.” Terrible timing for IR35 reforms One issue that has been thrust back into� �e EU, Chamberlain notes that a large portion will contract in Europe, emphasising the need for the Governmen�
Category: News | Thu, 21 Jul 2016

COVID-19: Limited company contractors excluded from self-employed support package
Limited company contractors are excluded from measures unveiled by Chancellor Rishi Sunak to support the UK’s self-employed through COVID-19.
�to the fire concerning the ongoing debate around IR35 and the Off-Payroll legislation. There were numer�
Category: News | Fri, 27 Mar 2020

COVID-19, lockdown and IR35 prove detrimental to contractor wellbeing, survey shows
The UK’s response to COVID-19 has had a detrimental impact on the wellbeing of its flexible workers, a new ContractorCalculator survey reveals.
�argely unaffected by COVID-19, many observed that IR35 had already resulted in a lack of opportunities p� �mployment, whereas 37% are determined to continue contracting. When asked specifically why they are contemplati�
Category: News | Thu, 06 Aug 2020

How contractors pay more tax than employees
Contractors raise more tax than equivalent employees, despite HMRC’s worked examples in its IR35 discussion document that try to prove the opposite.
�s calculations in its Intermediaries Legislation (IR35) discussion document try and prove that employees� �00 per year. This is assuming they work a typical contracting work pattern of five days per week for 46 weeks.�
Category: News | Tue, 08 Sept 2015

Contracting sector unimpressed by 2013 Budget’s minimal action to promote growth
Contractors can expect few immediate benefits and no real growth agenda from Chancellor George Osborne’s 2013 Budget, agree contracting experts.
�mpacting on contractors include: The extension of IR35 to include office holders was confirmed. Currentl� �rowth from the 2013 Budget , according to leading contracting experts. Many of Chancellor George Osborne’s 2013� �benefit contractors through increased numbers of contracts, but it could take years for these contracts to t�
Category: News | Thu, 21 Mar 2013

Contractors in the financial sector benefit from flexible working, despite long hours
Financial contractors often work well over their contracted hours but benefit from flexible working conditions, shows a new survey by Morgan McKinley.
�s.” Contractors of course need to be aware of the IR35 implications of any ‘benefits’ that they receive.� �sector are expected to regularly work over their contracted hours. However, in return contractors gain flexib� �are contracted to work just short of the classic contracting day, totalling of 33-37 hours per week 36% have c� �g day, totalling of 33-37 hours per week 36% have contracts specifying between 38-42 hours per week A small n�
Category: News | Thu, 18 Sept 2014

Contractors need clear language in law, JSA’s Roback declares
According to JSA's Barry Roback, it is urgent for the government to establish in law a clear difference between contract service providers and employees.
�t of recent legislation, particularly relating to IR35 and MSCs, has been to try to apply PAYE principle� �d composites—there is considerable concern in the contracting industry about how tax legislation will evolve. T� �ble to distinguish between service and employment contracts. They seem fixated on the idea that people become� �law, for once and for all, the difference between contract service providers and employees, in order to brin�
Category: News | Thu, 15 Mar 2007

Treasury could lighten up on managed service companies
Plans to crack down on managed service companies could change, as difficulties in enforcement have already become apparent in the consultation stage.
�ve a legitimate contractor, one who is outside of IR35, and one who has his own company, he will simply�
Category: News | Thu, 18 Jan 2007

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