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Contractors resent treasury attack, JSA poll shows
A survey of contractors by JSA shows that a vast majority resent the attack by the Treasury on managed service companies, and, indeed, feel unjustly singled out by it.
…administration of their own limited companies is compliant. Yet an inescapable paradox emerges: the Governme… …points out that the law attacks a far part of the contracting industry than it was originally intended to do. '… …anyone would choose the comparative insecurity of contract work. But the simple fact is that they do, and th…
Category: News | Mon, 11 Jun 2007

Contractors need reliable advice, says Barry Roback of JSA
As JSA's Barry Roback points out, contractors need reliable advice and can't get it from their agencies now that the managed service company legislation has kicked in. Accrediting service providers would offer a solution.
…financial loss. ''HMRC must already have a set of compliant criteria ready – if it doesn’t, how on earth can…
Category: News | Fri, 14 Sept 2007

Providers for contractor companies may face audits, but not accreditation
HMRC is mooting schemes to accredit or audit service providers to contractor companies to ensure that they are not managed service companies. But there is no commitment to such a scheme, and consideration is just starting.
…nd as a result many more are being lured into non-compliant, or questionable offshore schemes.'' Accreditatio…
Category: News | Mon, 24 Sept 2007

Contractors risk falling into dodgy schemes under new law
The plan to audit service providers will mean that new contractors get good advice and avoid traps
…pending money and time to determine how to become compliant. New Scheme Will Help Fortunately, HMRC is planni… …law,'' Roback points out. As in any industry, the contracting industry includes a number of service providers w… …agency that placed the ad, and taking their first contract. It then becomes clear that they need some way to…
Category: News | Mon, 29 Oct 2007

Contractor industry body moves to mitigate impact of treasury consultation
In the wake of the Treasury’s proposed consultation on contractor’s expenses, umbrella company industry body the Association of Employment Management Companies and Lawspeed announce a meeting to discuss the implications.
…e sector apart and possibly decimate the existing compliant contractor umbrella companies with tens of thousa… …on, which truly represents a large element of the contracting sector and has extremely high audit requirements… …and agencies that operate overarching employment contracts, as well as accountants who work with contractors…
Category: News | Wed, 23 Jul 2008

Contractors can judge umbrellas on comparison site
On the umbrellasupermarket web site, contractors can find ways to compare the service companies and choose which one is right for them.
…exercise, I’ve found virtually all Umbrellas are compliant with current tax legislation. As in any industry,…
Category: News | Thu, 22 Nov 2007

Umbrella contractors could face tighter expenses regime from 2013 Budget
Contractors are likely to see greater regulation of expenses, says Parasol, which is introducing expenses reforms for its contractors.
…y allowances only’ model to ensure they are fully compliant,” he adds. We know government is targeting the co… …ble changes. “We know government is targeting the contracting industry and we feel it’s only a matter of time b…
Category: News | Tue, 15 Jan 2013

Contractors see no slowdown in the city
A number of compliance measures, along with the skills shortage, has meant that there has been no slowdown in demand for contractors in financial services.
…who can do what is necessary to make these banks compliant. Is there much likelihood of a slowdown for IT co… …t, observers cite no evidence of a slowdown in IT contracting for financial services. Graeme McIntyre, one of t…
Category: News | Wed, 31 Oct 2007

HMRC dismisses IR35 forums members views and courts on laws omitted from CEST
HMRC’s view remains unchanged over its omission of case law from CEST and dismisses the compelling evidence put forward by IR35 Forum Members.
…s Check Employment Status for Tax (CEST), despite IR35 Forum Members providing compelling evidence to re… …d is an unfair attempt by HMRC to overtax already compliant tax payers.” What the judges have said on MOO The… …stablished mutuality of obligation by virtue of a contract being in existence. We believe that this is a sig…
Category: News | Tue, 10 Jul 2018

Public sector contractors and clients need answers as HMRC postpones ESS tool launch
Contractors are being asked to work without IR35 status confirmation after HMRC delayed the launch of its ESS tool, warns Andy Chamberlain of IPSE.
…With public sector IR35 reforms imminent, HMRC’s failure to develop a wor… …tool as the only way they can be seen to be fully compliant with the IR35 public sector reforms, so until it’… …ontractors paid a month in arrears to renegotiate contracts prior to 6 March to avoid the risk of excessive t… …le IR35 tool means contractors are being asked to contract without confirmation of their IR35 status. The ta…
Category: News | Thu, 02 Mar 2017

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