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Managed service company legislation - contractor survey
Today we launch an independent Budget Effects Survey designed to shed light on the level of understanding that exists of the new legislation amongst Contractors.
…e most important Budget for Contractors since the IR35 legislation was implemented. Last November 2006 G… …ation. Budget Affects Survey Launched To help the Contracting industry realise the true effects of this new leg…
Category: News | Fri, 16 Mar 2007

Duport says number of contractor company formations is "dramatic"
According to the company formations specialist Duport, the number of limited company starts has dramatically increased since the Treasury began its attack on managed service companies.
…y a client. In this way you avoid being caught by IR35 or by having the Revenue consider your company as…
Category: News | Mon, 19 Mar 2007

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

Contractor guide to splitting dividends
Splitting dividends with a spouse to maximise contracting income used to be the norm, but the Arctic Systems case changed the rules.
…n limited company and whose contracts are outside IR35 have often maximised net income by splitting the… …eived by the taxman as ‘systemic tax avoidance by contracting couples’, HMRC dusted off the little known Sectio… …ctors running their own limited company and whose contracts are outside IR35 have often maximised net income… …plus marketing, which might include searching for contract opportunities and running the company website. Jo…
Category: Articles: Limited Companies | Thu, 14 Dec 2017

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

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

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