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IR35 Changes in April 2012 should lead to ‘substantive progress’, says OTS
Contractors need “substantive progress” on IR35 administration, says the Office of Tax Simplification in its small business tax review final report.
…ss” made on improvements to the administration of IR35 , according to the Office of Tax Simplification (… …orum – a body with representatives from HMRC, the contracting sector and professional advisors – to produce rec… …ther than on those that may have just an isolated contract that may breach IR35.” It expects to see the publ…
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News
| Wed, 29 Feb 2012
IR35 risk profiles likely to be the future of HMRC compliance campaign
IR35 risk profiles are likely to be the drivers of HMRC’s IR35 compliance campaign, once the full results of the IR35 Forum’s work are revealed.
…IR35 risk profiles are likely to underpin HMRC’s IR35…
Category:
News
| Sat, 17 Mar 2012
No certainty from HMRC’s new IR35 framework, but the policy debate must be sustained
No certainty for limited company contractors yet, but the policy debate is far from over, say OTS Tax Director John Whiting and PCG’s Simon McVicker.
…HMRC’s new IR35 framework, with its business entity tests , examp… …tors outside of IR35.” Vessey agrees: “HMRC’s new contract review service that will provide contractors foun…
Category:
News
| Tue, 15 May 2012
IR35 compliance letters are out: affected contractors urged to seek expert advice
Contractors receiving HMRC’s IR35 compliance letters should not panic and instead seek expert professional advice, says Qdos Consulting’s Seb Maley.
…New IR35 compliance letters have been hitting limited comp… …yer record checks, but they request copies of all contracts and a breakdown of the company’s income over its…
Category:
News
| Wed, 13 Jun 2012
HMRC has only issued 193 IR35 letters to contractors since 1 April
ContractorCalculator has obtained evidence via a Freedom of Information request that HMRC has only opened 193 IR35 investigations since 1 April 2012.
…HMRC only opened 193 IR35 investigations between 1 April 2012 and 9 Novembe…
Category:
News
| Wed, 05 Dec 2012
IR35 Forum minutes: business entity tests aren’t working and should be abolished
The latest minutes of the IR35 Forum meeting held in May 2014 show that the business entity tests are not working as intended and should be abolished.
…ctors have learned from the latest minutes of the IR35 Forum meeting held on 7 May 2014 that the busines…
Category:
News
| Mon, 22 Sept 2014
Contractors paying more tax than they should because of poor IR35 advice, says survey
Two in five contractors are paying more tax than they should by drawing salaries above the minimum, falsely believing that it helps their IR35 status.
…d to, believing that it will protect them against IR35 . “Salary levels should be a discussion between a… …d be focusing on IR35 best practice such as their contract, working arrangements and aiming for a low busine…
Category:
News
| Thu, 25 Sept 2014
HMRC abolishes the IR35 Business Entity Tests (BETs) effective from 6 April 2015
HMRC has announced that it plans to withdraw the IR35 Business Entity Tests (BETs) and the example scenarios effective from 6 April 2015.
…Contractors will no longer be required to use the IR35 Business Entity Tests (BETs) as a precursor to an…
Category:
News
| Mon, 27 Oct 2014
IR35 after 15 years: Download our free report and your ultimate IR35 strategy
IR35 is fifteen years old. Read our comprehensive white paper reviewing the last five years and learn the ultimate strategies avoiding IR35.
…IR35 is now fifteen years old. We are delighted to pub… …ors, both those inside and outside of IR35. “As a contracting sector veteran, I remember all too well when IR35…
Category:
News
| Thu, 13 Nov 2014
Contractors see IR35 review progress, but key guidance is delayed, reports IR35 Forum
Contractors are told that HMRC’s latest review of IR35’s administration is well underway, but the publication of the latest guidance has been delayed.
…tractors have been updated on the progress of the IR35 Review being conducted by the IR35 Forum and HMRC… …release the data. “The minutes demonstrate to the contracting community that progress of a sorts is being made…
Category:
News
| Wed, 04 Jun 2014
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