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Off-payroll rules forcing contractors from the public sector due to poor guidance
EXCLUSIVE: Off-payroll rules are driving contractors from public sector clients as direct result of poor implementation guidance.
�s currently and formerly working on public sector contracts that the rules are being applied inconsistently a�
Category: News | Wed, 25 Sept 2013

Contractor brain drain: off-payroll rules threaten critical public service delivery
EXCLUSIVE: Contractors with essential skills are leaving the public sector, forced out by the off-payroll rules that threaten key service delivery.
�r who left a ‘body-shopping’ IT consultancy to go contracting, is concerned that the level of competition among� �s currently and formerly working on public sector contracts have indicated to ContractorCalculator that key p�
Category: News | Wed, 02 Oct 2013

Off-payroll rules drive public sector contractor exodus: HMRC steps up IR35 enquiries
The off-payroll rules are driving a contractor exodus from public sector clients & HMRC is targeting public sector contractors, says Qdos’ Seb Maley.
�s to contractors with key skills, who are leaving contracts because of the sheer hassle the off-payroll rules� �lt is that the contractor just leaves and finds a contract with a private sector client.” Poor guidance and�
Category: News | Thu, 03 Oct 2013

Off-payroll damage continues: costs spiral to replace contractors and apply rules
EXCLUSIVE: The off-payroll rules are backfiring further, as the taxpayer faces mounting costs of implementation and replacing terminated contractors.
�“From what contractors currently on public sector contracts, or who have recently left or been forced out, ar� �another third were asked to secure an independent contract review , and a quarter have to provide a deemed p�
Category: News | Wed, 09 Oct 2013

Contractor banking – applying for and opening a business bank account
Once a contractor has decided which financial institution they plan to bank with, the next step is to work through the process of opening the account.
�ss Nature of the business – most banks will class contracting as ‘business services’ or ‘business consultancy’� �r – a calculation or estimate of the first year’s contract fees will normally suffice Any funding requiremen�
Category: Articles: Contractor banking | Mon, 22 Aug 2016

Save time and money with the Cashplus Business Account for contractors
Contractors can reduce their business banking burden with the Cashplus Business Account, says Cashplus financial commercial director Nick Biggam.
�establishing a business is securing new customer contracts and securing the funding, which often takes prior�
Category: Articles: Contractor banking | Thu, 04 Oct 2018

Contractor income protection and the myth of unemployment cover exposed
Angela James of Contractor Wealth highlights the pitfalls that face contractors in the event of job loss, illness or injury.
�im to be suitable for those working on fixed term contracts. The product providers and brokers who sell these� �the event of a claim. Even when they are not in a contract, contractors are still nominally employed by thei�
Category: Articles: Contractor Income Protection | Fri, 13 Feb 2009

Why contractors cannot rely on unemployment benefit
Contractors will find that, even if eligible, unemployment benefit in the form of Job Seeker’s Allowance falls well short of their household bills.
�personal allowance, or who are relatively new to contracting and had a permanent job in the two years before t� �t make their own arrangements for periods between contracts, and that also includes preparing for times when� �out to pay for household outgoings if there is no contract income. Cash savings and investments that can be�
Category: Articles: Contractor Income Protection | Thu, 31 Mar 2016

Contractor livelihoods threatened by new ‘false employment’ test
Contractor livelihoods are threatened by proposed ‘false employment’ test, forcing all contractors to pay PAYE tax and NICs, warns Egos’ Roger Sinclair.
�e agency, and not the worker All companies in the contracting supply chain, including agencies, master vendors,�
Category: News | Thu, 12 Dec 2013

Contractors excluded from proposed False Self-Employment rules by technicality
Limited company and umbrella contractors are excluded from proposed False Self-Employment legislation through a tax technicality, explains Lawspeed.
�d their findings to an audience of recruiters and contracting sector stakeholders in its recent seminar under t� �under obligation to provide personal services The contract is via a third party agency contract The worker i�
Category: News | Thu, 23 Jan 2014