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Contractor doctor: can I leave early even without a termination clause?
Advises an unhappy contractor how to get out of a contract without a termination clause.
…he pay is terrible, made worse by being caught by IR35. I would really like to leave and am applying for… …to hear things are not going well for you whilst contracting. There might be little point chatting to your age… …or Doctor, I'm currently 3 months into a 12 month contract. The work is stale and the pay is terrible, made…
Category: Articles: Contractor Doctor Q+A | Tue, 17 Jul 2018

Contracting mindset tips: you’re responsible for managing your career, not the client
Contractors are responsible for managing their own careers. Attempts by clients to do so must be resisted or contractors could pay tax as employees.
…o look like employees, and could be caught inside IR35 , resulting in significantly more tax being liabl… …n a project that was not included in the original contract. Because it’s appraisal time of year, or because…
Category: Articles: Contracting Mindset Tips | Fri, 23 Dec 2011

Contractor guide to the Employment Allowance
Contractors with no income except salary could be better off by £164 per year by using the Employment Allowance, says Abbott Moore’s James Abbott.
…e exempt But Abbott warns that contractors inside IR35 and applying a deemed salary calculation are one…
Category: Articles: Tax Issues | Wed, 09 Apr 2014

Minimising the risk of an HMRC investigation
Contractors can minimise the risk of being investigated by HMRC by taking simple yet effective measures, explains Abbott Moore’s James Abbott.
…ted James Abbott, Abbott Moore In the case of IR35 , the now defunct business entity tests ( BETs )… …accurate tax returns can be based,” says Abbott. Contracting businesses failing to maintain adequate records f…
Category: Articles: Tax Issues | Wed, 27 Nov 2013

Contractor guide to splitting dividends
Splitting dividends with a spouse to maximise contracting income used to be the norm, but the Arctic Systems case changed the rules.
…n limited company and whose contracts are outside IR35 have often maximised net income by splitting the… …eived by the taxman as ‘systemic tax avoidance by contracting couples’, HMRC dusted off the little known Sectio… …ctors running their own limited company and whose contracts are outside IR35 have often maximised net income… …plus marketing, which might include searching for contract opportunities and running the company website. Jo…
Category: Articles: Limited Companies | Thu, 14 Dec 2017

Processing your company payroll when contracting via a limited company
Maintaining a company payroll seems a mundane task but Phil Richards of Blevins Franks explains it is a vital statutory requirement for contractors.
…es separately using their own expenses forms (for IR35 status reasons they should never use a client’s o…
Category: Articles: Limited Companies | Fri, 24 Oct 2008

Fixed-term employment contracts and contracting are mutually exclusive
Workers hired by clients under fixed-term employment contracts are not contractors running a business, but employees whose employment has an end-date.
…eir own contractor limited company and outside of IR35 typically pay themselves a low salary and the bal… …ent contracts are very common outside of the core contracting disciplines in both the private and public sector… …kers hired by clients under fixed-term employment contracts are not contractors running a business supplying… …ntracts may superficially resemble a contractor’s contract, in that they are typically for a fixed duration…
Category: Articles: Legal | Mon, 31 Oct 2011

Contractor contracts: when you need to draft the contract yourself
When contractors who are contracting direct are asked by clients to supply a draft contract for review, they have a number of sources to choose from.
…ies in the future, particularly if they relate to IR35 and other tax-related issues that have the potent… …Contractors contracting direct with clients can be asked to prepare a dra… …should something go wrong. Sources of contractor contracts Contractors asked by a client to provide a draft… …ct with clients can be asked to prepare a draft ‘ contract for services ’ for review. For those dealing dire…
Category: Articles: Legal | Wed, 31 Mar 2010

Conduct of employment regulations: a guide to opting in or out
Most contractors don’t need the protection provided by the Conduct of Employment Regulations and when asked by their agency, can choose to opt out.
…package of evidence that puts a contractor inside IR35. But, as highlighted earlier, genuine contractors… …own right should treat any agency agreements and contracts as business deals and ensure that they negotiate… …Contractors starting their first contract, or starting a new contract with a brand new agen…
Category: Articles: Legal | Thu, 08 Mar 2018

Benchmark rates for contractors working overseas
Expat contractors can use overseas benchmark rates to claim expenses tax relief with minimum administrative hassle, says Abbott Moore’s James Abbott.
…d company contractors who are deemed to be within IR35 will not qualify for these rates, in line with th…
Category: Articles: Contracting Overseas | Wed, 06 Jul 2016