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IR35 rules to hit private sector with 54% dividend tax
Private sector contractors to be subject to public sector IR35 reforms with a dividend tax hike from the first of this month, reveal leaked proposals.
�IR35 reforms targeting public sector contractors may s� �ommon belief, the taxman does want to support the contracting community. Simplified tests set to ease burden fo�
Category:
News
| Fri, 01 Apr 2016
Contracting in 2015: IR35, Dividend Tax change, T&S expenses, and IPSE thinktank
Contracting remains an advantageous way of work going into the New Year, in spite of a raft of Government measures targeting contractors during 2015.
�raw from 2015. Whilst another year has passed and IR35 remains law, the outcome is far better than it co� �income of limited company contractors, whilst the contracting sector also awaits the introduction of a ban on t�
Category:
News
| Wed, 23 Dec 2015
Contracting in 2014: IR35, tax avoidance, Lords’ PSC inquiry and growth
Contracting in 2014 saw self-employment surge against a backdrop of ongoing IR35 enforcement, a PSC inquiry and draconian anti-avoidance legislation.
�at included a raft of new legislation and intense IR35 and anti-avoidance activity by HMRC. Right at the� �ct. However, 2014 had more than its fair share of contracting positives. HMRC announced that the business entit�
Category:
News
| Wed, 24 Dec 2014
Contractor expenses outcome in Finance Bill 2016 puts focus on IR35 result, says IPSE
Contractors outside IR35 won’t lose expenses tax relief, meaning there could be worse to come when IR35 is reformed, warns IPSE’s Andy Chamberlain.
�Limited company contractors not caught by IR35 can continue to claim travel and subsistence tax� �DC test was a cause of contention amongst many of contracting’s stakeholders, most of whom argued that the test� �hat the measures only apply to a PSC contractor’s contract when it falls within IR35, meaning contractors op�
Category:
News
| Thu, 10 Dec 2015
HMRC’s IR35 discussion document: how contracting’s stakeholders have responded
Contracting stakeholders have issued responses to HMRC’s Intermediaries Legislation (IR35) discussion document, highlighting areas of contention.
�d responses to HMRC’s Intermediaries Legislation (IR35) discussion document , as the Treasury looks to c� �Contractor organisations and other contracting stakeholders have issued responses to HMRC’s Inte� �h estimated that investment in clarifying whether contracts fall within IR35 was costing contractors £853 per� �laiming: “Arrangements have to be considered on a contract-by-contract basis. There cannot be a substitute f�
Category:
News
| Thu, 19 Nov 2015
Contractors may benefit from the House of Lords PSC inquiry into IR35 administration
Limited company contractors may benefit as a result of the House of Lords PSC inquiry, with its focus on the administration and effectiveness of IR35.
�ars the Lords are focusing on its new approach to IR35 and how it is working,” says PCG director of poli� �st teams are not doing that much work. There is a contract review service that is rarely used and a helpline�
Category:
News
| Thu, 28 Nov 2013
IR35 needs 3000 inspectors to be policed properly, Lords told
Contractor PSC inquiry: the Lords committee is told that IR35 will require 20,000 investigations a year by 3,000 HMRC staff to police it effectively.
�MRC taskforce of 3,000 to be policed properly for IR35. This is what the House of Lords Select Committee�
Category:
News
| Tue, 03 Dec 2013
IR35 legislation changed to remove exemption of contractors working as office holders
Contractors performing ‘office holder’ assignments are set to lose their exemption from IR35 from April 2013 according to the draft Finance Bill 2013.
�ice holders’ are set to lose their exemption from IR35, under which they have not been required to pay i�
Category:
News
| Tue, 11 Dec 2012
IR35 case files: contractor’s review closed quickly due to early expert intervention
Contractors’ HMRC IR35 reviews can be shut down quickly with early intervention from an expert professional adviser, explains Andy Vessey of Qdos.
�Contractors facing an IR35 review by HMRC can still get their investigation� �HMRC because she has worked on two public sector contracts during the tax year under investigation: “I have� �d we spent a good number of hours discussing each contract in detail. “What was particularly useful was that�
Category:
News
| Tue, 10 Jun 2014
HMRC’s IR35 Review to be published imminently, contractors learn from the IR35 Forum
Contractors should see HMRC’s IR35 Review published imminently, and the debate over the BETS intensifies, contractors learn from July’s IR35 Forum.
�get to see HMRC’s long-awaited, and long overdue, IR35 Review, as it is due to be published imminently.�
Category:
News
| Wed, 08 Oct 2014
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