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Onshore Employment Intermediaries reporting rules: contractor obligations
Contractors must supply personal data to agencies for the Onshore Employment Intermediaries reporting rules: those that subcontract are also caught.
�s say that one person limited company contractors contracting direct with the client don’t have to submit repor� �ed in the return of the intermediary that has the contract with the end client.” Furthermore: “If a personal�
Category: Articles: Tax Issues | Thu, 16 Apr 2015

Contractor badges of trade: HMRC rules on being in business
Contractors who demonstrate badges of trade according to HMRC’s rules are in business on their own account, explains Emily Coltman of FreeAgent.
�dditional services that are related to their core contracting activities may also be carrying on a trade. Coltm�
Category: Articles: Tax Issues | Wed, 10 Jun 2015

Contractors who subcontract must comply with HMRC employment intermediary obligations
Contractors who subcontract are classed as employment intermediaries and must follow HMRC guidelines to ensure subcontractors pay the right tax.
�hat this means is, should the worker who has been contracted to complete the work be found to have not paid th� �ied: Personal service is a requirement There is a contract between the client and intermediary, or main cont�
Category: Articles: Tax Issues | Mon, 12 Oct 2015

10 actions you can take to help you avoid a tax investigation
Contractors are often targeted for HMRC tax investigations. Here are ten actions you can take to reduce your chances of being one of the unlucky ones.
�ficially denied, experts suggest that HMRC’s IR35 contract review service acts as a source of leads and info�
Category: Articles: Tax Issues | Wed, 06 Jan 2016

Contractor guide to optimising VAT and the Flat Rate Scheme when starting out
Contractors can time their VAT and Flat Rate Scheme (FRS) registration to optimise VAT recovery when starting up, says James Abbott of Abbott Moore.
�mise their VAT recovery when first starting their contracting careers. “ Limited company contractors should tim�
Category: Articles: Tax Issues | Tue, 13 May 2014

Difference between tax avoidance and tax evasion
Contractors can use strategies for tax avoidance as the practice is perfectly legal, whereas deliberate tax evasion is illegal and a criminal offence.
�ately don't pay the tax they should HMRC In a contracting context, this could involve deliberately falsifyi�
Category: Articles: Tax Issues | Thu, 29 May 2014

Contractor tax avoidance schemes – understanding the benefits and risks
Contractors entering into tax avoidance schemes might find that they work, but there can be many pitfalls, as James Abbott of Abbott Moore explains.
�s, this is not an issue. But Abbott has seen many contracts from clients that stipulate no offshore entities� �s are particular about the entity with which they contract. For regular limited company contractors, or umbr�
Category: Articles: Tax Issues | Thu, 03 Jul 2014

Tax residency rules for individual contractors and contractor limited companies
Contractors and their limited companies are subject to legislation that clarifies their tax residency status, explains James Abbott of Abbott Moore.
�t of time in order that they can deliver on their contracts.” Depending on how many ties a contractor has, an� �xed in the UK. When working on a typical overseas contract where the contractor works from the client’s offi�
Category: Articles: Tax Issues | Wed, 12 Jun 2013

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.
�s contractors, so they should ensure they conduct contract reviews, secure a confirmation of arrangements fr�
Category: Articles: Tax Issues | Tue, 30 Jul 2013

Contractor guide to the advantages and disadvantages of being VAT registered
Contactors unlikely to earn more than £79,000 are not required to register for VAT, but there are advantages and disadvantages to non-registration.
�there are some advantages to non-registration for contracting businesses. The first is the reduction in adminis�
Category: Articles: Tax Issues | Tue, 24 Sept 2013