Search Results

Legal issues for contractors: an introduction
Contractors have rights and responsibilities, just like employees. But the law that governs contracting is very different from that which regulates permanent contracts.
�mind. In this case care should be taken to ensure IR35 compliance . IR35 is one of the main concerns. IR� �g Permanent Employment You take the first step in contracting when you give notice to your permanent employer.� �As a contractor, you will be confronted with contracts to sign for each job you accept. Understanding th� �n they consider you for a job. If your employment contract imposes a long notice period--many require three�
Category: Articles: Legal | Thu, 23 Aug 2007

Contractors should have schedules in their contracts
Having a schedule in your contract is a great way to stay outside ensure the expectations are clearly defined between contractor and client.
�Show that you have the terms to keep you outside IR35 Contract Essentials When you contract with an age� �hich specialises in contractor affairs: ''You are contracting to provide specific services; you are not signing� �The schedule is a critical part of contractor contracts, and you need to see that it is handled properly.� �sh. So it is important that you demand a two-part contract: 1) the general terms governing your work, and 2)�
Category: Articles: Legal | Thu, 18 Oct 2007

Should contractors with limited companies take salaries?
Contractors are wise to take some salary in the interest of avoiding the attentions of the Revenue.
�limited company incorporation. If you are outside IR35 — and this is the crucial factor, for if you are�
Category: Articles: Limited Companies | Tue, 13 Feb 2007

Counting the true cost of a contractor accountant
Derek Kelly of ClearSky Accounting explains how contractors can use a checklist to spot the hidden costs in advertised contractor accountant fees.
�ll businesses and are subject to legislation like IR35 , Kelly warns that most high street accountants w� �off outsourcing everything and focusing on their contracting business, as attempting to save money by doing th� �ost small businesses don’t have to factor in IR35 contract reviews , and because their income and cost base�
Category: Articles: Limited Companies | Thu, 11 Feb 2010

Contractors annual company accounts - explained
A guide to the financial accounts that contractors working under a limited structure need to prepare each year.
�nd share capital of the company. What effect does IR35 have? If your company is in receipt of any IR35 c�
Category: Articles: Limited Companies | Mon, 19 Jun 2006

Contractor accounting: How to manage your company accounting
How can contractors manage their accounting for a contracting limited company and at what point should they call in the services of their accountant?
�contractor, reducing the risk of being caught by IR35 Contractors have much more flexibility with how t� �Limited company contracting has traditionally been the trading vehicle chosen� �limited company? Contractors typically choose to contract via a limited company for a number of reasons. Th�
Category: Articles: Limited Companies | Mon, 19 Jan 2009

IR35 avoidance: Staying outside if you go contracting for your former employer
When contracting for a former employer, you must prove your new relationship is different.
�face a very real threat of being found inside of IR35 , says Kate Cottrell of contractor IR35 consultan� �ible for a contractor to remain outside IR35 when contracting for a former employer, but they have to work that� �ment. In such cases, she is often asked to review contracts and the working practices to create a bespoke con� �ployer, or being asked to return immediately on a contract basis after redundancy, face a very real threat o�
Category: Articles: IR35 | Thu, 08 Apr 2010

Contracting direct with the client: advantages and disadvantages
Although most contracts are available only via agents, some contractors can work for the client direct, with both advantages and disadvantages.
�ct that is at a much reduced risk of being within IR35 . Disadvantages of contracting direct The biggest� �side risk that the direct relationship can bring. Contracting direct is not for every contractor, as good agent� �oy great benefits, such as much more control over contracts. However, there are pitfalls, and not being paid� �Contractors who have the opportunity to contract direct with their clients can enjoy great benefit�
Category: Articles: Job Search | Mon, 09 Feb 2009

How to prove IR35 does not apply to you
Want to prove IR35 does not apply to you? Learn the evidence to collect during a contract that will bat away the taxman.
�prove, as best as one can, that they are outside IR35 . Should HMRC conduct a tax inspection and disput� �e by HMRC. Why? Because judges can now simply put contracts aside if they consider them a sham and make a dec� �ally resides in showing that you acted during the contract period in certain ways. Since the Autoclenz judge�
Category: Articles: IR35 | Tue, 05 Dec 2017

Contractor guide to using the Taxpayers’ Charter during tax and IR35 investigations
Contractors can use the Taxpayers’ Charter to help during investigations if they believe HMRC has behaved badly.
�se HMRC’s Taxpayers’ Charter to help with tax and IR35 investigation s when the taxman has stepped over� �ve thought that HMRC would have accepted that the contract was outside IR35. But what we had here was a comm�
Category: Articles: IR35 | Tue, 17 Jun 2014