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IR35 will remain in force for some time to come, warns OTS tax director John Whiting
A measured review of IR35 means the tax is going nowhere fast, according to the OTS. But, says ContractorCalculator’s CEO, that could be a good thing.
�the legislation will still be applied to current contracts. Plus, contractors should also not expect IR35’s�

Category: News | Mon, 09 Aug 2010


An IR35 replacement will be a challenge
The Office of Tax Simplification’s search to find a successor to IR35 that might please all presents a huge, potentially insurmountable, challenge.
�d and taxed accordingly The ‘project rule’, where contracts are based on discrete, specific projects with del� �e, a genuine contractor in business on a 12-month contract, with no notice, working on a specific project, c�

Category: News | Tue, 31 Aug 2010


IR35 successor possibilities: what happens in the United States of America
If a successor adopted a US-style independent contractor test, then any replacement would financially penalise clients for misclassification.
�ch a replacement to IR35 could ultimately lead to contracts being offshored.� �ship’ – this includes factors such as the written contract, provision of benefits and a factor similar to mu�

Category: Articles: IR35 Review: Office of Tax Simplification | Mon, 06 Sept 2010


IR35 future: Australia’s legislation to tackle false self-employment
Australia uses legislation designed to identify the personal services income (PSI) of contractor businesses, with higher taxes for those caught.
�and construction professionals – could have their contracting income classed as PSI. However, where the cost of� �equipment is greater than 50% of the value of the contract, the income is not classed as PSI. So a contract

Category: Articles: IR35 Review: Office of Tax Simplification | Mon, 27 Sept 2010


IR35 reforms: what are the options and what might they mean for contractors?
The Office of Tax Simplification must tread a fine line as it considers the options for IR35 reforms, maintaining tax yield yet reducing complexity.
�mmends, it does not stifle the UK’s freelance and contracting workforce at a time when the economy so badly nee�

Category: News | Tue, 28 Sept 2010


IR35 review making good progress as contracting expert joins ranks of new OTS team
The Office of Tax Simplification has announced good progress on its first two taxation reviews and recruited private sector experts to join its team.
�eam, and is also having ongoing meetings with key contracting sector experts, including ContractorCalculator CE�

Category: News | Fri, 22 Oct 2010


Contractors , hold your nerve: the UK economy is not doing so badly
Contractors should hold their nerve and keep contracting as, despite some gloomy economic news, many success stories don’t make the media headlines.
�und (IMF). But they should stay positive and keep contracting. If you look beneath the headlines and at the com� �ia, yet they will create tens of thousands of new contracts and jobs, as well as adding to industrial output�

Category: News | Mon, 28 Jan 2013


Employment: Why do people bother, when it pays so badly compared to contracting?
Contracting beats employment every time when it comes down to take home pay, so what’s in it for employees in exchange for all the extra tax they pay?
�employee, a limited company contractor and a post-contracting husband and wife team. Each has a gross income of�

Category: News | Wed, 20 Feb 2013


Naming & shaming tax avoidance scheme promoters and their users is missing the point
Contractors using tax avoidance schemes face being ‘named and shamed’ alongside the scheme promoter. But isn’t that just avoiding the real issue?
�the chimney of his family home. There is a social contract that it’s important for brands/companies to manag�

Category: News | Thu, 28 Feb 2013


Contractors are becoming more demanding consumers of accountancy services
Contractors are becoming more demanding and mature consumers of accountancy services, with accountants increasingly segmenting according to need.
�her small to medium sized enterprises (SMEs), the contracting market is far from being homogeneous. Which is wh�

Category: News | Mon, 04 Mar 2013


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