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What is the new Off-Payroll (IR35) tax?
Find out what the Off-Payroll tax is, how it affects you, and what you can do to prepare for the changes with this comprehensive guide.
�private sector and must be used to determine the IR35 status – or ‘deemed employment’ status - of limit� �nt of either an ‘inside IR35’ assessment or a non-compliant arrangement. So, what are the key changes introdu� �helping contractors to secure the ‘outside IR35’ contracts that they desire. Though many agencies look over� �mployment status tests to determine whether their contract places them inside (‘IR35 applies’) or outside (‘�
Category: Articles: Off-Payroll (IR35) Reforms | Fri, 09 Jul 2021

What is an IR35 Status Determination Statement (SDS)?
Learn what an IR35 Status Determination Statement is, why contractor clients will soon need to provide them, and why reasonable care is so important.
�sets out the provisions for clients to provide a IR35 ‘status determination statement’ when assessing t� �elp combat misclassification of status due to non-compliant blanket or role-based assessments and ensure that� �the contractor which can’t be deciphered from the contract, such as whether they are in business on their ow�
Category: Articles: Off-Payroll (IR35) Reforms | Thu, 09 Mar 2023

Contractor dividend strategies and administration for limited company contractors
HMRC can deem a dividend as salary and tax it accordingly if the correct paperwork is allowed to lapse, warns James Abbott of Abbott Moore.
�enalties. “Limited company contractors outside of IR35 will usually pay themselves a low salary and the� �5;time' records, the sooner you'll be compliant James Abbott, Abbott Moore LLP “In the past,�
Category: Articles: Limited Companies | Tue, 15 Dec 2009

Contractor guide to HMRC’s webinars on tax and directors’ responsibilities
Contractors, particularly those new to contracting, may find HMRC’s webinar series provides useful introductions to basic business responsibilities.
�f of their contractor clients. Intermediaries and IR35 Intermediaries, service companies and IR35 get a� �sponsible for ensuring they and their company are compliant and a contractor accountant will play a huge part� �Contractors who are new to contracting, or employees considering becoming contractors, m�
Category: Articles: Tax Issues | Thu, 17 Jan 2013

Contractor Doctor: Why are agencies requesting National Insurance (NI) numbers?
Contractors asked to provide personal information such as NI numbers must do so, as it is unlikely to affect their status.
�aring this information could have an impact on my IR35 status. What legislation means that my agency is� �been advertising Onshore Employment Legislation ‘compliant’ solutions. “They play on the fact that the False� �contractors maintain IR35 best practice by having contracts reviewed, establishing working arrangements and t�
Category: Articles: Contractor Doctor Q+A | Mon, 23 Mar 2015

Changing your contractor umbrella company
Contractors may decide to change their umbrella company for a variety of reasons. As Rob Crossland from Parasol explains, contractors should be aware of the implications and plan their move accordingly.
�g to Crossland, this is not possible with a fully compliant umbrella company: “In addition to the P45, which� �s who use contractor umbrella companies for their contracting can choose to change their trading company at any� �ly been incurred with a former employer. Changing contracts When contractors change umbrella company, they mu� �er, or they may switch to take advantage of a new contract. However, according to Rob Crossland, managing di�
Category: Articles: Contractor umbrellas companies | Mon, 28 Jul 2008

Contractor Doctor: Should my umbrella company still pay me when my contract ends?
Contractors at the end of their contract may be due further payments by their umbrella, and may also qualify for benefits, says Parasol’s Derek Kelly.
�hat any umbrella company contractor working for a compliant umbrella will be on one of two types of contract.� �yment solutions provider Parasol . “Under certain contracts, it is possible that a contractor should continue� �rella company and I’ve just come to the end of my contract and my pay has stopped as a result. The umbrella�
Category: Articles: Contractor Doctor Q+A | Tue, 16 Jul 2013

Limited company ‘inside IR35’ v umbrella PAYE – advantages and disadvantages
Contractors working ‘inside IR35’ following the implementation of the Off-Payroll legislation need to consider their preferred operating model.
�gislation shifts the responsibility for assessing IR35 status from the contractor to the end-client. Unf� �rm the importance of engaging with a demonstrably compliant umbrella company: “Where a contractor is engaged� �act rates is another advantage of limited company contracting. Incoming measures to protect agency workers Fort� �ts Act 1992 . Will umbrella contractors have more contracts to choose from? Due to the large portion of hirin� �ct a fair assessment nor secure an ‘outside IR35’ contract elsewhere will have a new dilemma to consider – s�
Category: Articles: Off-Payroll (IR35) Reforms | Thu, 20 Feb 2020

Best umbrella company – 10 tips for contractors to choose
Contractors caught and unsure of how long they will be contracting could find a PAYE umbrella company solution is their best option.
�Contractors inside IR35 , or contractors who are not sure how long they p� �rrant deeper investigation. If a company runs non-compliant expenses, what else may be non-compliant? A dispe� �tors who are not sure how long they plan to spend contracting, might find that a PAYE umbrella company solution� �why it can do this. 4. Ensure you receive a full contract of employment As an umbrella contractor, you will�
Category: Articles: Contractor umbrellas companies | Sun, 19 Dec 2010

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.
�endent contractors in the UK must be aware of the IR35 tax legislation . This was introduced in 2000 to� �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