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ContractorCalculator: Contracting news in brief - 23/Jul/2010
News this week includes new body to review IR35; increased demand for IT contractors; financial services recovery continues; & new online calculator.
�IR35 a priority of the new Office of Tax Simplificatio�
Category: News | Fri, 23 Jul 2010

Limited company contractors major contributors to 2013-14 Tax Gap, claims HMRC report
Limited company contractors, alongside other SMEs, are believed to be responsible for nearly half of the Tax Gap, says HMRC in its latest analysis.
�rly half, or £16.5bn, of the 2013-14 Tax Gap. But IR35 gets no mention, despite HMRC’s belief that if th�
Category: News | Mon, 26 Oct 2015

Contractors’ tax bills could soar, and IR35 ‘die’, under Mirrlees Review proposals
In its far-reaching review of the UK tax system, the Mirrlees Review recommends measures that could increase contractors’ tax bills and end IR35.
�g a small company.” This would effectively ‘kill’ IR35 , but also cause the tax bills of limited company�
Category: News | Tue, 16 Nov 2010

Review won't burden professional contractors, Taylor tells ContractorCalculator
Matthew Taylor has told ContractorCalculator’s CEO Dave Chaplin that he has no plans to increase the burden for genuine self-employed contractors.
�ture hold for contractors? When the public sector IR35 reforms hit, many contractors caught by IR35 move�
Category: News | Fri, 14 Jul 2017

ContractorCalculator sees 20% rise to 133,141 unique visitors, shows latest ABC audit
ContractorCalculator’s eighth ABC audit shows that readership increased by 20% over the last 12 months and Google’s April Panda update had no impact.
�l surveys and innovations such as our free Online IR35 test .” In the last six months, since the most re�
Category: News | Fri, 21 Oct 2011

Using company money to start another unrelated business
Are you considering starting another unrelated business within your current limited company structure? The article explains the issues.
�le? This situation only arises if you are outside IR35, since you can choose not to declare dividends bu�
Category: News | Mon, 11 Sept 2006

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.
�rect from your company bank account. If caught by IR35 , you save not only the income tax that would ord�
Category: News | Tue, 10 Jul 2007

Osborne’s double-dip Budget approach taxes contractors’ money, time and resources
If the Chancellor stopped using the autumn statement as a mini-Budget, contractors would be relieved of a small part of the tax administration burden.
�t legislation as it applies to them. Then there’s IR35 of course, the fiendishly complex yet notoriously�
Category: News | Mon, 04 Feb 2013

Has the Labour movement finally got contracting?
Contractors and the Labour movement have not been natural bedfellows. But a new Fabian Society report may indicate Labour’s changing perceptions.
�iminalise what you do for a living by introducing IR35 . However, a recent report by the Labour-movement�
Category: News | Wed, 14 Nov 2012

What's gone wrong with our tax code when we can't work out how much to pay ourselves?
Contractors should be able to work out how much they pay themselves, but the UK tax code is so complex they need accountants or online calculators.
�n adding yet further legislation to the tax code. IR35 is a classic example of adding complexity without�
Category: News | Thu, 08 May 2014

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