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Contractor offshore solutions – how they work
We dispel the myths that surround contracting as part of an offshore consultancy supply chain and explains how they work.
�as contractors are employees paying tax via PAYE, IR35 legislation ceases to be applicable. The crucial� �The Isle of Man is a highly reputable, secure and compliant offshore financial services centre which provides� �ctors thinking of changing the way they run their contracting business.” As of Dec 2009, Employee Benefit Trust� �onsultancy supply chain provider that manages the contracts and your ‘employment’ is frequently based in the�
Category: Articles: Other | Tue, 08 Dec 2009

Umbrella companies play key role in improving wider contracting sector, says Parasol
In an exclusive interview Parasol managing director Rob Crossland comments on the emerging importance of umbrella companies to the contracting sector.
�as a trading option for contractors caught within IR35 . They have gained in popularity in recent years� �re’ employment management company, providing only compliant PAYE payment solutions. It currently has over 14,� �t many of the legislative hammers used to hit the contracting sector demonstrates that the legislation has been� �le are opting to become contractors on short-term contracts across many sectors, which is likely to swell the�
Category: News | Mon, 03 Nov 2008

Off-Payroll (IR35) small company exemption vulnerable to exploitation, warns JSA
Hirers have an open invitation to exploit the proposed Off-Payroll small company exemption, though amendments could hamper company growth.
�involved. ContractorCalculator analysis of HMRC’s IR35 non-compliance cost estimates suggests that the t� �ffsetting the risk of losing contractors to other compliant companies. However, he warns that the rules are s�
Category: News | Mon, 25 Mar 2019

IR35 Rules: How to determine if your contract passes - 10 essential points
Signing a contract without checking whether it passes is taking a huge risk. Here’s what to look for before signing the contract.
�If you sign a contract that is within IR35 you could find yourself paying out significant am� �s unlimited IR35 assessments, helping you to stay compliant with IR35, combined with insurance to protect aga� �c expertise is in dealing with IR35 issues in the contracting sector. A high street solicitor or accountant is� �n points contractors should look out for in their contracts to determine whether they pass IR35: Point 1: Bac� �If you sign a contract that is within IR35 you could find yourself payin�
Category: Articles: IR35 | Mon, 19 Sept 2016

ContractorCalculator: Contracting news in brief - 17/Dec/2010
News this week includes the end of EBTs; disappointing labour market statistics; OTS interim review; IT employees unhappy; & retail sector upbeat.
�ims about take-home pay. Correctly structured and compliant umbrella companies have nothing to fear from the� �king to clarify confusion that has arisen in some contracting media over who the new legislation will target. C� �lternative to a permanent employee, thus securing contract opportunities in 2011. More… Contractors supporti�
Category: News | Fri, 17 Dec 2010

Using the VAT flat rate scheme? You could pay £££ more from April 2017 - find out why
Expert James Abbott explains steps to mitigate impact of changes to the VAT flat rate scheme from April 2017.
�icular problem but it’s so far reaching that many compliant contractors are set to receive a hit,” explains A� �f the invoice or payment date. This means certain contracts already active may also be partly subject to the�
Category: News | Wed, 21 Dec 2016

ContractorCalculator: Contracting news in brief – 19/Dec/2014
News this week covers: expenses tax relief threatened; new subcontracting rules; demand in Scotland; oil & gas rate cuts; and financial IT demand.
�ver, she highlights that a resulting focus on non-compliant umbrellas who hire contractors on a salary sacrif� �be a good time for a permie to take the leap into contracting. The core contracting disciplines feature highly� �tment calendar’ to identify optimum times to find contracts Contractors can identify the optimal times to sea� �ate cuts by Wood Group Oil and gas contractors in contract with client Wood Group PSN face the second 10% ra�
Category: News | Fri, 19 Dec 2014

ContractorCalculator: Contracting news in brief – 6/Feb/2015
News this week covers: Employment intermediaries reporting; Gauke recognises umbrellas; high pay in North West; & HMRC anti-avoidance and penalties.
�HMRC and government Umbrella companies that offer compliant services to contractors have been recognised by t� �status review key questions Contractors and other contracting sector stakeholders are awaiting the outcome of t� �rth Sea operations, contractors seeking well paid contracts could consider working in many of the other offsh�
Category: News | Fri, 06 Feb 2015

HMRC Self-Assessment (SA) enquiries - how they work
If you’re subject to a Self-Assessment enquiry, a simple tax return mistake could cost thousands. Here we explain how they work and how to avoid one.
�tor may use the information at hand to spot a non-compliant taxpayer using sources of information that Connec�
Category: Articles: Tax Issues | Tue, 16 Jan 2018

Contractor guide to mobile phone expenses – warning, some rules are counterintuitive
Contractors claiming costs of mobile phones from their contracting business must abide by HMRC’s expenses rules, explains Abbott Moore’s James Abbott.
�ations costs. That way they will ensure they stay compliant and avoid the unwelcome attention of an HMRC inve� �e, smartphone or similar mobile device from their contracting business must abide by HMRC’s strict expenses rul� �“Ideally, contractors should start a mobile phone contract in the name of the business,” continues Abbott. “�
Category: Articles: Expenses | Tue, 22 Mar 2011

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