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ContractorCalculator: Contracting news in brief – 7/Dec/2012
News this week covers: HMRC’s IR35 review letters; Autumn Statement; HMRC targets tax avoiders; gender pay gap closes; IFA fees; and RTI penalties.
�Contractor IR35 reviews well below the number forecast, reveals H� �May 2012 is well below the thousands forecast by contracting industry commentators. According to HMRC data obt� �ancial IT contractors may benefit from a flood of contracts if London becomes the western hemisphere’s Renmin� �rs a step closer to enjoying a Renminbi-generated contract flood Financial IT contractors may benefit from a�
Category: News | Fri, 07 Dec 2012

Contractors play key role in flexible workforce: REC Flexible Work Commission Report
The REC Flexible Work Commission report identifies the importance of contractors in the flexible workforce and urges government to scrap tax barriers.
�the proposed controlling persons legislation and IR35 . These are just some of the recommendations of R� �chief executive Kevin Green. “Part-time working, contracting and other flexible solutions have been a signific�
Category: News | Mon, 24 Sept 2012

ContractorCalculator: Contracting news in brief – 8/March/2013
News this week covers: IR35 risk; EU IT skills initiative; new firms join prompt payment code; IT insolvencies surge; & HMRC targets property owners.
�out investigation insurance are taking risks with IR35 Contractors are running the risk of being found i� �increase, following new PPC sign-ups Contractors contracting direct with clients may be more likely to get pai� �ons (DWP) Universal Credit project may have their contracts terminated early. According to a Computer Weekly� �ills certification IT contractors will be able to contract freely throughout the European Union (EU) through�
Category: News | Fri, 08 Mar 2013

ContractorCalculator: Contracting news in brief – 6/Dec/2013
News this week covers: Autumn Statement; Lords inquiry; Small Business Saturday; infrastructure plan; MSBs; second homes; and HMRC uses Street View.
�tried to legislate in this area we were left with IR35.” More... Energy and engineering contractors have� �reelancers are small businesses too. More... Core contracting disciplines to benefit from new UK infrastructure� �ity growth and increased hiring, resulting in new contracts. More... Contractors face HMRC investigations via� �for by the taxpayer’s declared earnings. More... Contract growth underpinned by medium-sized businesses (MS�
Category: News | Fri, 06 Dec 2013

ContractorCalculator: Contracting news in brief – 16/Jan/2014
News this week covers: Lords PSC inquiry hots up; marketing plus oil and gas updates; and HMRC branded “whale surviving on tiny plankton”.
�nfairly targeted by HMRC. More... HMRC finds that IR35 contractors are more valuable than it previously� �nual review also highlights that a further 20,000 contracts and jobs are likely to be created globally during�
Category: News | Fri, 17 Jan 2014

Contractor pensions biggest casualty of Chancellor George Osborne’s Autumn Statement
Contractor pension tax relief and income tax thresholds will hit contractors’ pockets, according to the Autumn Statement by Chancellor George Osborne.
�hening the existing intermediaries’ legislation ( IR35 ) to put beyond doubt that it applies to office h�
Category: News | Wed, 05 Dec 2012

Contractors with savings and pensions gain from contractor-neutral 2014 Budget
Contractors with pensions and savings stand to gain the most from the 2014 Budget, alongside engineering, construction and oil and gas contractors.
�tion will become law, but there are no changes to IR35. Several areas of infrastructure and housing will� �stimulate activity in the region and generate new contracts for suitably qualified contractors. The personal� �clients with overseas clients could be attractive contract targets in the coming months and years. The pensi�
Category: News | Wed, 19 Mar 2014

Budget promises contractors IR35 review, but high-earning contractors face tax hikes
The emergency budget promises an IR35 and small business taxation review alongside lower taxes for business, but also tax hikes for higher earners.
�udget will be pleased with the promised review of IR35 as part of a wider review of small business taxat�
Category: News | Tue, 22 Jun 2010

Recognition of small business tinged with disappointment
The leader of Britain’s freelance community has given a guarded welcome to today’s Budget.
�“ said PCG chairman Simon Juden. “Those caught by IR35 cannot claim training against their tax, unlike t�
Category: News | Wed, 16 Mar 2005

Contractor-friendly emergency budget could have a nasty tax-sting in its tail
Many contractors will benefit from the business-friendly budget but increases in capital gains tax and potential pension reform could penalise others.
�es. There is also a restated commitment to review IR35 and small business taxation. But news on pensions� �unting , says the budget has made limited company contracting even more favourable as a tax-efficient option fo� �income into private schemes and umbrella company contracts using salary sacrifice schemes could be caught by�
Category: News | Wed, 23 Jun 2010

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