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Lords call for HMRC Powers Review as Loan Charge is slammed
A Lords report has slammed the taxman’s efforts tackling tax avoidance and evasion, recommending an independent body is formed to prevent HMRC abuse.
…k is done to expose the link between the original IR35 iteration and HMRC’s reaction to the use of schem…
Category:
News
| Tue, 04 Dec 2018
Supreme Court judgment exposes HMRC's misguided stance on employment status law
HMRC’s stance on MOO has again been disproven in court; this time as the Supreme Court rejects an appeal against the infamous Pimlico Plumbers ruling.
…s judgment followed earlier judgments relevant to IR35, and specifically mutuality of obligation, such a… …sition The Court deliberated over whether Smith’s contract with Pimlico cast obligations on him during perio…
Category:
News
| Wed, 13 Jun 2018
PCG to offer advice and guidance on budget day
PCG assemble expert team to offer advice and guidance to freelancers on Budget Day-17th March 2004
…d the most important Budget for freelancers since IR35 was announced four years' ago. The Professional C…
Category:
News
| Thu, 11 Mar 2004
£10 - £15 per hour worst hit by IR591
Those contractors earning between £10 and £15 per hour are most hit by the new measures, with £12 being the worst hit.
…It does not apply contractor currently caught by IR35 or those whose profits exceed £50k per annum. £10…
Category:
News
| Mon, 22 Mar 2004
ContractorCalculator: Contracting news in brief – 13/June/2014
News this week covers: record rate increases; Lords’ inquiry brushed aside; HMRC’s poor service; tax policy protection; and new digital VAT rules.
…skills they need.” More... Contractors stuck with IR35, as the government brushes aside Lords’ findings… …Contracting rates increased during May 2014 at a pace not see… …s in output that are predicted to result in fresh contracts. The BDO Business Trends Report and Employment In… …as the fastest since December 2007. The number of contract vacancies and agency billings also grew, coupled…
Category:
News
| Fri, 13 Jun 2014
ContractorCalculator: Contracting news in brief – 18/July/2012
News this week covers: contracting now mainstream; finance contracts surge; record high self-employment; new interim guide; and accelerated payments.
…ng income tax and NICs could affect dividends and IR35 The potential merger of income tax and National I… …Contracting now mainstream, with one in five having been cont… …financial contractors experienced a surge in new contracts in London’s financial centre during June 2014. Th… …ccounting and IT contractors see financial sector contract surge in City IT and financial contractors experi…
Category:
News
| Fri, 18 Jul 2014
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.
…HMRC’s IR35 tax yield fell to £430,000 during 2013/14, costin… …positive growth territory, three of the five core contracting disciplines slipped down or stayed the same in th… …inue to hire oil and gas contractors on lucrative contracts. A new report by PricewaterhouseCoopers (PwC) hig… …workforce,” believes Kermode. Contractors seeing contract market stabilise, with specialist skills demand s…
Category:
News
| Fri, 13 Feb 2015
ContractorCalculator: Contracting news in brief – 31/Oct/2014
News this week covers: BETs abolished; BBC test judicial review; late payment; high paying contracts; paper tax return deadline; & simpler CT filing.
…Contractors no longer be required to use the IR35 Business Entity Tests (BETs) Contractors will no… …offer increased capacity and specialist skills to contracting clients that increasingly adopt lean workforce st… …have been given insights into the highest paying contracts and the skills they need to win them. Umbrella co… …kills.” The core contracting disciplines dominate contract and temp work in the UK, accounting for 35.9% of…
Category:
News
| Fri, 31 Oct 2014
ContractorCalculator: Contracting news in brief – 07/Aug/2015
News this week covers: APNs challenge rejected; IR35 proposals criticised; record contracting opportunities; and oil investment.
…and recruitment sector staff at risk from HMRC’s IR35 proposals Contractors and recruitment sector prof… …genous supply of energy for the country.” More... Contracting opportunities at record levels due to outsourcing… …area until at least 2030, safeguarding production contracts and jobs. The news has been welcomed by Oil &… …g and transportation sectors recorded declines in contract activity. More... Contractors benefit from steady…
Category:
News
| Fri, 07 Aug 2015
ContractorCalculator: Contracting news in brief – 11/Sept/2015
News this week covers: Contractor availability growth slows; bogus IR35 claims; engineering contractors benefit from investment; HMRC criticised.
…s calculations in its Intermediaries Legislation (IR35) discussion document which attempts to persuade r… …loyee. The example ignores basic realities of the contracting marketplace, for example that clients always pay…
Category:
News
| Fri, 11 Sept 2015
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