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Contractors no longer use IR35 & tax as the sole reasons to choose umbrella companies
Tarpon's Anthony Bennett explains how umbrella companies no longer compete solely on the basis of tax but on service, process & efficiency.
�at what we would wish for as an IR35 replacement? Compliant umbrella companies no longer under the spotlight� �y or for the convenience of dipping in and out of contracting with no limited company legacy. Now the umbrella� �ing outside the UK on many, if not most, of their contracts. They could be outside the UK’s offshore tax terr�

Category: News | Fri, 02 Jul 2010


Contractors warned of return of Managed Services Company legislation
Post the Dragonfly case and awaiting the Treasury’s move on umbrella expenses, can contractors relax? Not according to Lawspeed’s Adrian Marlowe.
�of various trade associations and that they are ‘compliant’. But Marlowe urges contractors and agencies to u� �After a dramatic few weeks for the contracting sector, you’d be forgiven for thinking that perha� �re-examine the fundamentals of current and future contracts. Add to this the Treasury’s current consultation� �g that will go down in contracting history as the contract with a right of substitution clause that was judg�

Category: News | Mon, 20 Oct 2008


Advice on choosing a good contractor accountant
What should you look for when choosing an accountant. Find out…
�all their contractors' and asked them to pay an 'IR negotiated sum' for certain expenses based on a t� �ooking for an accountant because you are entering contracting. In either case you need to know what you can exp�

Category: News | Fri, 17 Mar 2000


Contractor and recruiter bodies in final attempt to delay false self-employment rules
PCG and the REC have joined forces to write to the Chancellor in a last ditch attempt to delay proposed false self-employment legislation.
�ail the economic recovery, and increase costs for compliant agencies by as much as 25%. The false self employ� �March 2014 Budget. The two bodies warn that core contracting sectors, such as IT, energy, oil and gas, constru� �ng about how business works and the complexity of contracts for long-term projects.” PCG director of policy a�

Category: News | Thu, 13 Mar 2014


Professional passport brings advice and banking to contractors
On 21 January, a new website called Professional Passport will offer contractors advice on key issues and eventually banking services. And it's all free if your agency signs up.
�en properly reviewed, because, should they not be compliant, Professional Passport could be held liable for c� �formation and contract review firms. Our image in contracting has been tarnished by the various attacks on it b� �ity on Professional Passport to review both their contracts for independent status, and to make sure their pr� �ssing a number of umbrella, company formation and contract review firms. Our image in contracting has been t�

Category: News | Mon, 21 Jan 2008


Amendments tabled to Finance Bill to “curb or kill” umbrella companies
The amendments tabled by senior Conservative MPs seek to combat malpractice and reduce tax avoidance and evasion of potentially over £1bn per year.
�ressive tax avoidance schemes to self-proclaimed “compliant” firms who skim monies from contractors’ wages by� �me following a Loan Charge APPG Inquiry into ‘How Contracting Should Work’ with a powerful report published in�

Category: News | Thu, 20 May 2021


Professional Passport leads supply-chain compliance discussion with new report
Professional Passport publishes report laying down a pragmatic path to supply chain compliance. But, will HMRC listen?
�ry to recoup some £1bn in lost revenue due to non-compliant practices. Outlined in a new report entitled The� �legislation and regulation. Dave Chaplin, CEO of contracting authority ContractorCalculator said: “This excell�

Category: News | Mon, 07 Jun 2021


Contractor umbrella companies and their contractors sent fresh warning from HMRC
HMRC has launched another warning shot across the bows of umbrella companies, announcing renewed investigations into umbrellas and their contractors.
�rkers to shop their agencies or umbrellas for non-compliant activity is a new move on the part of the Revenue� �g: Potentially ineffective overarching employment contracts Dispensations that are invalid, or which have bee�

Category: News | Mon, 10 Aug 2009


Professional Passport: a new legal help site for contractors
Professional Passport is soon to provide compliance help on tough topics like managed service company legislation.
�s not legally bound to certify any such scheme as compliant. But having access to a set of standards which th� �by a group of experts with long experience in the contracting industry, Professional Passport has been working�

Category: News | Fri, 14 Dec 2007


IR35 Road Ahead survey reveals over half of firms are not ready for Off-Payroll
More than half of contractor clients are yet to prepare for the Off-Payroll rules, IR35 Shield’s ‘IR35 Road Ahead’ survey reveals.
�contractors cannot tell if an umbrella company is compliant and are therefore vulnerable to tax avoidance sch� �m the answers provided by those currently between contracts who were aware of their most recent client’s comp� �tractors both inactive and currently engaged in a contract. From the answers provided by those currently bet�

Category: News | Tue, 12 Jan 2021


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