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ContractorCalculator: Contracting news in brief – 16/Jan/2015
News this week covers: election uncertainty; local authority contractors; oil & gas contracts; Welsh Assembly bans umbrellas; and tax return warning.
�“will work to tarnish the reputation of the many compliant and responsible companies working in the best int� �Contracting market at quarterly high, with election uncertain� �the falling oil price. BBC News reports that 100 contracts have been cut and 200 permanent roles are to go f� �find their contracts safe. More... US oil and gas contract opportunities to shrink in 2015 Oil and gas contr�
Category: News | Fri, 16 Jan 2015

ContractorCalculator: Contracting news in brief – 29/May/2015
News this week covers: Queen’s speech lends hope; global skills gap; top roles for contractors; retail at 27-year high & umbrella company shares all.
�erson Group, which claims "its services are fully compliant with UK tax laws". The scheme works by an agency� �t measures unveiled in Queen’s speech Contractors contracting direct and who regularly suffer from late payment� �ruitment firm BrightPool shows an increase in new contracts and jobs of over 20% following the referendum. An�
Category: News | Fri, 29 May 2015

Contractor expenses should stay, as HMRC’s proposal branded unworkable at tax summit
Contractors should retain tax relief on travel and subsistence and HMRC’s proposals to restrict it are flawed, decide key contracting organisations.
�RC, in which case there is no guarantee as to how compliant the intermediary would be, and whether they would� �rict it are flawed. These were the conclusions of contracting sector experts gathered in Edinburgh on 15th Sept� �sks associated with contracting such as acquiring contracts and chasing payments. Contractors have different� �message due to the varying circumstances of each contract. Further, the cost of issuing advice would be cou�
Category: News | Wed, 30 Sept 2015

HMRC’s IR35 tax yield data reveals only £219,180 was paid by contractors in 2010/11
Calm before the storm? Contractors only paid £219,180 in IR35 tax with just 23 reviews last year, HMRC admits. But that could all be about to change.
�Contractors paid only £219,180 in IR35 tax in the 2010-2011 tax year. And in the same pe� �sure to increase yields from compliance activity, contracting sector experts fear this could be the ‘calm befor�
Category: News | Thu, 22 Sept 2011

The silver lining that is IR35
Without IR35, contractors would not have had many of the positive things we now take for granted in the contracting world.
�As we mark 10 years of IR35 with our ContractorCalculator IR35 Special Report� �ly benefitted from the ‘contractor tax’. I’d been contracting for two years when IR35 first appeared and, being� �my IR35 status. Surprise, surprise, they found my contract at that time was inside of IR35. Then, after much�
Category: News | Thu, 05 Nov 2009

IR35 peace of mind costs less than a round of drinks
Contractors seem less well prepared for HMRC’s latest IR35 campaign, despite peace of mind being available for less than the cost of a round of drinks.
�Would you consider IR35 peace of mind for less than the cost of a round o� �ause it seems that HMRC is again coming after the contracting sector, using poorly constructed IR35 risk assess�
Category: News | Wed, 06 Mar 2013

IR35 Solutions – Part 5: Conclusion – an interim, post-IR35 contractor tax landscape
ContractorCalculator summarises IR35’s current unworkable status and suggests what form an interim, post-IR35 contractor tax landscape might take.
�In this fifth and final article in our IR35 solutions series analysing IR35 and possible rout� �ruths This analysis and all the evidence from the contracting sector leads to the inescapable conclusions that:�
Category: News | Mon, 10 Jan 2011

IR35 review: OTS says suspend IR35 or enforce it better, then merge income tax and NI
The OTS recommends suspending or better enforcing IR35 as an interim measure, before merging income tax and NICs, which would make IR35 irrelevant.
�IR35 should be suspended or better enforced by HMRC ,�
Category: News | Thu, 10 Mar 2011

Full history of IR35 reviews by HMRC: 4208 investigations generated only £12m in tax
HMRC reveals the number of IR35 reviews and subsequent tax yield between 2000 & 2006: 4208 IR35 reviews generated only £12m in tax.
�Since IR35 has been in force, HMRC investigations have resul�
Category: News | Tue, 25 Oct 2011

Contractors taking dangerous risks with IR35 status, says our survey
Many contractors may be putting themselves at grave risk by disregarding their IR35 status, the latest ContractorCalculator survey reveals.
�ractors are choosing to avoid confronting serious IR35 issues, despite the fact that IR35 legislation ha� �sn’t necessarily bring wisdom, even the length of contracting career does not seem to change contractors’ behav� �that 56% of contractors say they never get their contracts reviewed for IR35 issues, and only 20% do seek pr� �ught by IR35, but only 24% have had their current contract professionally reviewed to verify this. The last�
Category: News | Wed, 15 Oct 2008