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ContractorCalculator: Contracting news in brief - 30/Jul/2010
News this week includes new expenses rules proposed for umbrella contractors; positive economic growth; and HMRC dominates the headlines.
…edly followed the ‘Friday-to-Monday’ pattern that IR35 was created to combat! The former CIO took on a c… …5 was created to combat! The former CIO took on a contract worth an estimated £50,000 a month, which almost…
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News
| Thu, 29 Jul 2010
ContractorCalculator: Contracting news in brief - 03/Jun/2011
News this week includes AWR guidance changes; HMRC on tax avoidance schemes; interims see demand surge from overseas clients; & VAT debate reopens.
…ion (OTS). Whiting oversaw the investigation into IR35 that resulted in Chancellor George Osborne decidi…
Category:
News
| Thu, 02 Jun 2011
ContractorCalculator releases new iPhone app for contractors
ContractorCalculator has become the first leading contracting website in the UK to launch an iPhone app for contractors.
…Jobs Board and widely used and recommended Online IR35 Test . The site also contains over 30 interactive… …ContractorCalculator has become the first leading contracting website in the UK to launch an iPhone app that ha…
Category:
News
| Tue, 24 May 2011
ContractorCalculator: Contracting news in brief – 5/April/2012
News this week includes: trouble ahead for new contractor business tests; positive signs for contracts from corporates; and tax simplification doubts.
…IR35 Forum’s new business tests are already controvers… …cent Budget” to encourage growth. More… [PDF] Key contracting sectors to buck the UK insolvencies trend – BDO T… …rporate budgets could be about to help create new contracts For new projects to be signed off and contracts t… …s’ one-week termination clauses to introduce the ‘contract variation’The move could ultimately backfire on H…
Category:
News
| Wed, 04 Apr 2012
Contractors’ group slams government with call for tax revamp
Calling for a major overhaul of UK taxation, the Professional Contractors Group (PCG) has heavily criticised government, HMRC and HM Treasury in its treatment of contractors.
…ed in statute S44-7 ITEPA 2003 should be repealed IR35 should be repealed The Family Business Tax (“ inc… …he government does not recognise freelancing [and contracting] as a valid business model.” This is not a great…
Category:
News
| Thu, 10 Jul 2008
Contractors not unusual for using dividend pay strategies, shows HMRC survey
Contractors are not the only types business using dividend strategies, prompting questions as to why contractors are targeted by HMRC for doing so.
…nesses with tax changes, such as dividend tax and IR35 , is not only putting the workforce at risk, but… …continues the report. Companies operating in core contracting sectors, such as professional, scientific and tec…
Category:
News
| Wed, 14 Oct 2015
Contractor guide to the Employment Allowance
Contractors with no income except salary could be better off by £164 per year by using the Employment Allowance, says Abbott Moore’s James Abbott.
…e exempt But Abbott warns that contractors inside IR35 and applying a deemed salary calculation are one…
Category:
Articles: Tax Issues
| Wed, 09 Apr 2014
Minimising the risk of an HMRC investigation
Contractors can minimise the risk of being investigated by HMRC by taking simple yet effective measures, explains Abbott Moore’s James Abbott.
…ted James Abbott, Abbott Moore In the case of IR35 , the now defunct business entity tests ( BETs )… …accurate tax returns can be based,” says Abbott. Contracting businesses failing to maintain adequate records f…
Category:
Articles: Tax Issues
| Wed, 27 Nov 2013
ContractorCalculator: Contracting news in brief – 12/Aug/2016
News this week covers: IR35 RTI nightmare; PM gives boost to contractors; Report on Jobs; LEM; good news for oil and gas; and buy-to-let warning.
…Inclusion of RTI in IR35 proposals is a ‘nightmare’, expert claims Contrac… …esa May held a productive roundtable meeting with contracting stakeholders last week. With attendees stressing… …ncrease in contingent placements. With short-term contracts easier to come by in the uncertain economic clima… …x year. More... New PM Theresa May gives boost to contract sector Contractors have cause for optimism after…
Category:
News
| Fri, 12 Aug 2016
COVID-19: Contractors and the Job Retention Scheme
Contractors unable to work may be able to secure relief courtesy of the Job Retention Scheme or a proposed equivalent measure for the self-employed.
…ugh is that HMRC's concept of deemed employment ("IR35") in it's current form, which leads to zero-right… …t do invariably get paid more, and those entering contracting with eyes wide open acknowledge this risk which t…
Category:
News
| Tue, 24 Mar 2020
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