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Travel and fuel expenses for contractors
Most contractors can take travel and fuel expenses, but the Revenue is out to stop those who work for umbrella companies from doing so.
�f as a sole proprietor (and you are not caught by IR35 ) , you can deduct car travel under the Inland Re� �ch traveling for a two-year period, and that your contract does not envisage your continuing for two years,�
Category:
News
| Thu, 15 Feb 2007
Processing your company payroll when contracting via a limited company
Maintaining a company payroll seems a mundane task but Phil Richards of Blevins Franks explains it is a vital statutory requirement for contractors.
�es separately using their own expenses forms (for IR35 status reasons they should never use a client’s o�
Category:
Articles: Limited Companies
| Fri, 24 Oct 2008
Contractor numbers and the contracting landscape in the UK and Europe
Contractor numbers continue to grow, and the contracting landscape is constantly evolving shows research, but the sector also faces challenges.
�ll personal service company contractors caught by IR35 – have lost access to travel and subsistence expe� �s more workers actively choose to start their own contracting and freelance business. This is the conclusion dr� �o do so to meet criteria for suppliers on certain contracts. Meanwhile, only 34% claimed that tax savings pla� �nds, Poland and France have more rapidly evolving contract markets than the UK How large is the UK’s contrac�
Category:
News
| Thu, 26 May 2016
Conference reveals troubled times ahead for contractors
Speakers at Lawspeed’s ‘Knowledge is Power’ event this week announced that the newly adopted Agency Workers Directive could have far reaching effects on the UK’s contracting industry.
�rushed and poorly considered legislation such as IR35 , but early indications of how the government pla� �the Agency Workers Directive , delegates from the contracting, recruitment and end-client sectors were told tha� �ing for umbrella companies and who generate their contracts via agencies will find themselves in a similar si�
Category:
News
| Fri, 27 Jun 2008
Agency Workers Directive will be law ‘in the coming few months’, confirms PM Brown
In his speech to the Trades Union Congress, Prime Minister Gordon Brown confirmed that the AWD will become law in the next session of Parliament.
�d very well result in a situation similar to when IR35 was launched; a law that might be poorly thought� �es no doubt that the responses by contractors and contracting sector organisations to the consultation held by�
Category:
News
| Wed, 16 Sept 2009
Contracting and AWR: formal guidance on the Agency Workers Regulations from BIS
Contractors can use the guidance from BIS to help determine if AWR applies. This guidance offers useful examples of which contractors may be in scope.
�Note that this is not the same as ‘control’ in an IR35 context The contractor is not in business on thei� �ising the Guidance, BIS understood the mainstream contracting model and that genuine contractors are not intend� �ntractor, to be an agency worker: There must be a contract between the contractor and the temporary work age�
Category:
News
| Wed, 03 Aug 2011
Service Providers Association advises Treasury on contractors’ travelling expenses
The Service Providers Association’s response to the Treasury consultation over contractors’ travelling expenses will be submitted within the week.
�sses well outside the original target group. Both IR35 and the proposed income shifting legislation fall� �ion The concern from many commentators within the contracting community is that the government in general, and� �penses for contractors who work under overarching contracts and, as such, applies to contractors who use umbr�
Category:
News
| Wed, 08 Oct 2008
Fixed-term employment contracts and contracting are mutually exclusive
Workers hired by clients under fixed-term employment contracts are not contractors running a business, but employees whose employment has an end-date.
�eir own contractor limited company and outside of IR35 typically pay themselves a low salary and the bal� �ent contracts are very common outside of the core contracting disciplines in both the private and public sector� �kers hired by clients under fixed-term employment contracts are not contractors running a business supplying� �ntracts may superficially resemble a contractor’s contract, in that they are typically for a fixed duration�
Category:
Articles: Legal
| Mon, 31 Oct 2011
Contractor termination disputes increase as the recession bottoms out
Contractors are increasingly facing termination disputes, which can get very complex and messy if not correctly approached and quickly dealt with.
�erm for the same client, have been working within IR35 , and find themselves facing early termination. F� �e recession bottoms out. According to a report in Contracting Matters , disputes between umbrella-contractors a� �an early termination happens. Many of the agency contracts with an umbrella company have no notice periods s� �oming increasingly intense, as each player in the contract food-chain tries to hold on to cash as the recess�
Category:
News
| Fri, 10 Jul 2009
Contractor contracts: when you need to draft the contract yourself
When contractors who are contracting direct are asked by clients to supply a draft contract for review, they have a number of sources to choose from.
�ies in the future, particularly if they relate to IR35 and other tax-related issues that have the potent� �Contractors contracting direct with clients can be asked to prepare a dra� �should something go wrong. Sources of contractor contracts Contractors asked by a client to provide a draft� �ct with clients can be asked to prepare a draft ‘ contract for services ’ for review. For those dealing dire�
Category:
Articles: Legal
| Wed, 31 Mar 2010
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