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ContractorCalculator: Contracting news in brief – 26/Aug/2016
News this week covers: rising IT contract rates; tax avoidance backlash; construction boost; digital tax concern; and clients adopt digital platforms.
…t year. Construction firm Kier has also won three contracts totalling more than £5bn, providing early indicat… …Cyber-security talent shortfall driving up IT contract rates Cyber-security concerns and ongoing skills…
Category: News | Fri, 26 Aug 2016

PCG offers help to contractors under new CIS scheme
The PCG is offering services to contractors in the construction industry who must cope with the Government's new CIS scheme.
…managed service company rules have proven for the contracting industry,'' says PCG director Julie Stewart. A Wa…
Category: News | Mon, 16 Apr 2007

PCG survey shows contractors fear HMRC; call for safeguards
PCG survey shows contractors want improved tax law. PCG is also calling for the Revenue to be held responsible for rogue investigations.
…says PCG policy director John Kell, ''is that the contracting industry is treated as suspect, as though there i…
Category: News | Fri, 10 Aug 2007

BBC Moneybox exposes FCSA umbrella accused of withholding £000’s from contractors
An FCSA-accredited umbrella company has been accused of withholding thousands of pounds in holiday pay, BBC Radio 4’s Moneybox programme reports.
…mpany was determined by the client. Steve and his contracting colleagues were subject to a period of enforced m…
Category: News | Mon, 22 Mar 2021

Holiday Pay Reform: New laws bring clarity for casual and part-time workers
New Employment Rights Regulations will clarify holiday pay for casual and part-time workers from 1 January 2024.
…urs workers' and 'part-year workers' on permanent contracts. The new provisions in The Employment Rights (Ame… …om Harpur Trust engaged on a permanent zero-hours contract. She worked and was paid only during term time. P…
Category: News | Thu, 09 Nov 2023

Dividend Tax rules change 2016 – new calculator published
Contractors and business owners can calculate the impact of the new Dividend Tax rules change introduced by the Chancellor in the Summer Budget 2015.
…ys Chaplin. "You can double or treble this if the contracting business splits dividends by a family or husband…
Category: News | Tue, 14 Jul 2015

Chancellor George Osborne’s income tax and NI merger plans will not affect dividends
Osborne’s income tax and National Insurance Contributions (NICs) merger plans won’t impact on dividends, confirms Office of Tax Simplification.
…e Budget 2016 in March next year. Contractors and contracting stakeholders can make their views known by contac…
Category: News | Thu, 23 Jul 2015

Dividend Tax changes – how contractors can mitigate their impact
Contractors can use strategies that mitigate the impact of the Dividend Tax changes announced in the Summer Budget, says Abbott Moore’s James Abbott.
…ply to a contractor deciding to take a break from contracting, or investing in a project, which could be piece…
Category: News | Mon, 05 Oct 2015

Contractors with large company cash reserves need to act now to save thousands in tax
Limited company contractors have little time left to tax-efficiently distribute cash reserves through an MVL, before new regulations come into force.
…iest way to comply with the TAAR would be to stop contracting and secure PAYE employment. Or a contractor could… …d in the process. “There are many contractors who contract for a few years before utilising MVL’s and using…
Category: News | Tue, 19 Jan 2016

Government contractor T&S changes are ill-informed, SNP politician claims
Contractor T&S changes are representative of a Government ignorant to the complexities of the modern labour market, claims Roger Mullin of the SNP.
…. Prior to the implementation of the legislation, contracting bodies warned that restrictions would intensify s…
Category: News | Thu, 19 May 2016

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