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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
Oil and gas contractor guide to tax and expenses when working offshore
Oil and gas contractors working offshore are subject to similar tax and expenses rules as onshore contractors, notes Pipeline Account’s Martin Watt.
…tractors working offshore look at greater risk of IR35 . But when the core tests of control , substituti… …s contractors, so they should ensure they conduct contract reviews, secure a confirmation of arrangements fr…
Category:
Articles: Tax Issues
| Tue, 30 Jul 2013
DOTAS: Contractors urged to prepare for campaign to oppose anti-avoidance legislation
Contractors are being urged to educate themselves about proposed anti-avoidance legislation and to prepare for a campaign to oppose the new laws.
….” Using avoidance schemes in good faith to avoid IR35 Robinson believes that many taxpayers will now be…
Category:
News
| Mon, 02 Jun 2014
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…
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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
Public sector contractors may be driven out if off-payroll guidance is implemented
Contractors may be driven out of the public sector and services may suffer if official guidance leaked to PCG is implemented across government.
…d to go on the payroll of their client, implement IR35 or prove that their contract is outside IR35 by u… …tity Tests (BETS) and asking HMRC to review their contracts, which is akin to asking a barber if you need a h… …yroll workers earning above £219 per day, or on a contract for 6 months or longer, to take HMRC’s Employment…
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News
| Mon, 23 Jul 2012
General Election outcome could spell major changes for UK contractors, claims IPSE
Big changes could be on the horizon for UK contractors after the General Election on 8 June, says IPSE deputy director of policy Andy Chamberlain.
…of a private sector rollout of the public sector IR35 reforms and a radical response to issues surround… …the line. This involves: Getting an IR35-friendly contract in place Ensuring the working relationship with t…
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News
| Wed, 03 May 2017
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… …kers having a negative impact on the professional contracting market. Taxes likely to increase though “On the t…
Category:
News
| Fri, 14 Jul 2017
IPSE calls for more progressive approach from Government to address employment status
IPSE chief executive Chris Bryce shares his take on the Taylor Review of Modern Working Practices, and considers the impact on the contract sector.
…k, you would have to take into account all of the IR35 indicators. “So the Government needs to give some… …mployers engaging workers in sham self-employment contracts are responsible for a lot of the issues raised in…
Category:
News
| Tue, 01 Aug 2017
Autumn Statement - contracting market outlook
The Autumn Statement 2022 may mean the highest taxes for 50 years and no cancellation of IR35, but the contracting market will still thrive.
…ors who work via limited companies on an “Outside IR35” basis will pay more tax due to an increase in co… …s Autumn Statement 2022 , one thing is for sure – contracting is alive and well and will continue to grow. So s…
Category:
News
| Sun, 20 Nov 2022
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