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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.
�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


Independent contractors – what are they? Employed or self employed?
Independent contractors are workers who are in business on their own account & provide their expert services to clients under a contract for services.
�s unlimited IR35 assessments, helping you to stay compliant with IR35, combined with insurance to protect aga� �ificant back taxes, NICs, interest and penalties. Contracting abroad – how other countries define independent c� �who provide services for an organisation under a contract for services . Independent contractors are not em�

Category: Articles: Contracting | Tue, 03 Apr 2018


Increased dividend taxes – time to dis-incorporate?
Ltd Co contractors considering dis-incorporating to avoid dividend tax may find they're better off staying as they are, says Duncan Strike of Intouch.
�new umbrella models. Now some less reputable and compliant umbrella companies will be providing models that� �terms of its shareholdings.” Due to the nature of contracting, limited company contractors’ circumstances often� �dangerous by potential clients, resulting in less contracts for the contractor.” Strike also points towards l�

Category: Articles: Limited Companies | Wed, 17 Feb 2016


Online contractor accountancy increasingly mainstream, fuelled by new contractors
Online contractor accountancy is becoming increasingly mainstream, fuelled by a steady stream of new contractors, says inniAccounts’ James Poyser.
�y team. That’s not just to ensure the software is compliant and up-to-date, it’s also to provide direct suppo� �the economic recovery: “Now is a good time to go contracting. But a year ago people were reluctant to leave a�

Category: News | Tue, 11 Feb 2014


What is a ‘personal service company’?
Many contractors who work for clients through their own limited companies frequently find their business referred to as a ‘personal service company’.
�elp with tax issues and generally ensure you stay compliant. If you use a specialised firm the fees can be ve� �estigating the tax affairs of contractors. In the contracting sector, the generally accepted definition of a pe� �not want even the slightest risk of there being a contract of service, or an employment relationship, with t�

Category: Articles: Limited Companies | Thu, 22 Mar 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


Taxation for UK contractors working in europe
When contractors from the UK choose to work abroad in the EU, they should understand the different administrative and tax regimes in the region.
�l ignore these rules, but one is safest remaining compliant if it is possible. France It is perfectly possibl� �country, at least in terms of income earned from contracting. This is a complex area, and contractors should d�

Category: Articles: Contracting Overseas | Mon, 28 Jan 2008


Contracting abroad: the most attractive contracting destinations according to the WEF
Contractors can use the Global Competitiveness Report 2014-15 by the World Economic Forum to identify the most attractive contracting destinations.
�brellas that have the right permits to be legally compliant. Japan and Sweden suffer from over-regulated labo� �Contractors looking for the best location for contracting abroad can use the latest Global Competitiveness� �proposition for contractors evaluating long-term contracts. Hong Kong and the Netherlands, in seventh and ei�

Category: News | Thu, 04 Sept 2014


Contractor guide to contracting overseas: Norway
Contractors with Norway-based contracts may find using an established employment solutions provider is most effective option, says Charles Daw of CXC.
�rovider will be a legitimate fully registered and compliant Norwegian business and would typically employ the� �Contractors who have won contracts that require them to work in Norway for more than� �n Norway. What to do when starting a Norway-based contract “All non-Norwegian workers must register with the�

Category: Articles: Contracting Overseas | Thu, 04 Jun 2015


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


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