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ContractorCalculator: Contracting news in brief – 7/Sept/2012
News this week covers off-payroll rules; contractor lifestyle survey; oil & gas worker demand; Markit/CIPS PMIs; SME research; & tax return reminder.
�-payroll guidance confirms contractors must prove IR35 status Contractors working in the public sector m� �suppliers. More... Contractors are choosing to go contracting for the flexibility and lifestyle benefits Contra� �ctors earning greater than £219 per day and/or on contracts of six months or longer. There are no surprises f� �n their lifestyles for up to six months if out of contract. Contractors should target high-growth SMEs for c�
Category:
News
| Thu, 06 Sept 2012
ContractorCalculator: Contracting news in brief – 06/July/2012
News this week includes fewer June contracts; Autoclenz update; financial sector up; IT rate premiums; PCG award; green collar news; & HMRC amnesty.
�Contractors benefit from greater clarity and less IR35 risk following Autoclenz ruling Contractors may f� �Contract opportunities fell in June across all contracting disciplines Contract opportunities fell cross IT,� �h case law that it can apply to disregard written contracts between contractors and their clients. “But it is� �Contract opportunities fell in June across all contracting�
Category:
News
| Thu, 05 Jul 2012
Contractor election watch: manifesto launches & first TV debate bring little clarity
Labour, Tory and LibDem manifestos are published, mostly with predictable lack of detail, while first televised leadership debate clears little up.
�pledged to review business regulations, including IR35 . Whilst this may superficially be a welcome move� �certainly did not disappoint in disappointing the contracting community with a lack of their lack of transparen�
Category:
News
| Fri, 16 Apr 2010
ContractorCalculator: Contracting news in brief - 19/Nov/2010
News this week includes a contractor voice in parliament; final preparations for National Freelancers Day; and positive labour market statistics.
�w could lead to soaring contractor tax bills, but IR35 could ‘die’ Contractors’ tax bills could rise dra� �ld contact PCG. Steady recovery maintained for IT contracting sector IT contractors have seen contract vacancie� �or IT contracting sector IT contractors have seen contract vacancies increase by 23.3% since the start of th�
Category:
News
| Thu, 18 Nov 2010
ContractorCalculator: Contracting news in brief – 28/July/2016
News this week covers: IR35; support PRISM’s strategic review; FCSA refutes PSC claims; Brexit impact; skills shortage concerns; and HMRC warning.
�HMRC confirms plans to proceed with public sector IR35 reforms Plans to reform the policing of IR35 in t� �your help to support a strategic review into the contracting sector - and combat the Government’s ‘sticking pl� �Computer Weekly reports. The value of outsourced contracts dipped by 28% to €1.2bn, compared to the same per� �K firms, who could look to source talent from the contract sector as suitable full-time candidates become in�
Category:
News
| Fri, 29 Jul 2016
How National Insurance Contributions (NICs) are calculated
Contractors may be liable to pay National Insurance Contributions (NICs). Calculating how much should be paid depends on the nature of their earnings.
�Most limited company contractors working outside IR35 pay little or no NICs because they pay themselves� �agency payroll and those on fixed-term employment contracts do. Unlike income tax, NICs are only applied to a� �cy payroll and those on fixed-term employment contract pay NICs Class 1 NICs rates for the 2013/14 tax y�
Category:
Articles: Tax Issues
| Thu, 02 May 2013
ContractorCalculator: Contracting news in brief – 23/Oct/2015
News this week covers: REC JobsOutlook; BOS Report on Jobs; IT contractor demand in Ireland; Finance Bill amendment; private sector contractor boom.
�orCalculator’s third and final response to HMRC’s IR35 discussion document ContractorCalculator has issu� �ising for an eighth successive month. “Scotland’s contracting sector has performed strongly throughout 2015 and� �skills shortages in Scotland intensify, creating contract opportunities Contractor candidate availability i�
Category:
News
| Fri, 23 Oct 2015
ContractorCalculator: Contracting news in brief – 12/Dec/2014
News this week covers: OTS recommendations; umbrella consultation; contractor demand; HMRC VAT campaign; oil & gas skills; & HMRC targets solicitors.
�ovan, locum social workers are being targeted for IR35 compliance , as HMRC believes that the level of c� �l contractor employment services sector.” More... Contracting market softens as yearend approaches Contractors� �ontractors should focus their efforts to find new contracts in the New Year. “Despite increased pressure with� �ome disciplines may experience a softening of the contract market as the final quarter of 2014 approaches, s�
Category:
News
| Fri, 12 Dec 2014
ContractorCalculator: Contracting news in brief – 20/Mar/2015
News this week covers: Budget 2015; IR35 Forum; City hiring; IMA survey; Scotland’s contractors; self-employment numbers; & contract workforce event.
�e... Contractors to be kept in the dark about the IR35 Forum’s workings, reveal minutes Contractors look� �he UK’s self-employed continues to rise.” More... Contracting sector’s growth is structural, says a Bank of Eng� �ncial contractors should look to the City for new contracts IT and financial contractors should be targeting� �don Employment Monitor March 2015 showed that new contract and job opportunities increased by 100% when comp�
Category:
News
| Fri, 20 Mar 2015
ContractorCalculator: Contracting news in brief – 8/Aug/2014
News this week covers: Oziegbe ruling; IHT changes; expenses review; contract growth; DOTAS to expand; oil & gas confidence; and new FinTech measures.
�g to help with determining the control element of IR35 status. Qdos Consulting’s Andy Vessey highlights� �or clients are planning to increase the number of contracts and jobs they offer. However, skills shortages ar�
Category:
News
| Fri, 08 Aug 2014
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