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‘Wealthy’ contractors stash away contracting money for retirement and savings
Who are you calling rich? Contractors enjoying good money when contracting would be wise to bolster savings and stash their cash for retirement.
�Dave Chaplin, CEO, ContractorCalculator: Can contracting make you rich? Well, that rather depends on what� �t card company’s money. If you are currently in a contract, chances are you are already earning a decent amo�
Category:
News
| Mon, 05 Jan 2009
Taxes are an expense contractors can limit; so who’d be taxed as an employee?
A contractor can quite legally minimise the expense of taxes paid as a reward for the risk taken by being in business and not employed.
�ract, you are earning so much more. If you can go contracting, then why on earth would you want to be remain a� �the flexibility to take as much time off between contracts as you like and can afford. And you can probably� �f you fancy it, because when you are working on a contract, you are earning so much more. If you can go cont�
Category:
News
| Mon, 19 Jan 2009
Ask not what your professional body can do for you…
As the Professional Contractors Group launches a new contractor survey, it is useful to reflect on the value industry organisations can add.
�hopes will provide valuable insights into today’s contracting sector. Just as the instinctive thought, ‘oh not� �twork and so increase the chances of winning more contracts. And for many, contracting and freelancing can be�
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News
| Tue, 20 Jan 2009
Perm-tractors: not to be mistaken with curly farm machinery. Or contractors.
Meet the perm-tractors. They come, they contract, they become part of the furniture. Don’t confuse them with contractors.
�types over the years. They usually work through a contracting limited company or contractor umbrella , call the�
Category:
News
| Fri, 23 Jan 2009
Calling all contractors: know your rights and don’t ever let them get away with it!
Contractors are finding things hard enough right now and don’t need agents or clients making it worse. Sometimes you have to call in the cavalry.
�y and called that seer and beacon of light in the contracting darkness, ContractorCalculator (OK, we’re pushing� �and curlies when they terminated the contractors’ contracts prior to slashing their rates. But before embarki� �r, wielder of the sword of tort and the shield of contract law, and erstwhile knight in shining armour. Sinc�
Category:
News
| Thu, 05 Feb 2009
Contractor insurance – don’t leave home (or work) without it!
Tempting as it is, contractors should think twice before cancelling insurance, because the past has a habit of sneaking up and biting you on the bum!
�e entering a period of considerable change in the contracting industry. This means contractors are moving to pe� �ies for a year, others are out of work. When in a contract and when times are good, most contractors have pr�
Category:
News
| Tue, 10 Feb 2009
HMRC’s pursuit of IR35 victory over contractors at all costs
HMRC’s dogged determination not to let lie the Larkstar Data IR35 case demonstrates an unhealthy obsession with winning, no matter what the cost.
�ho has ever worked, or might work in future, on a contract that they assumed was outside IR35. The Larkstar�
Category:
News
| Mon, 16 Feb 2009
Contracting and The Right(s) Stuff
If you think you know your rights as a contractor, you probably don’t! Contractors’ rights are restricted to those of any other business supplier.
�iod is adhered to, then no. The whole point about contracting is that contractors are, well, contractors, and n� �cts, and the flexibility to take time off between contracts. But this lifestyle comes at a price, which is un� �ent prematurely terminate a contractor before the contract end date? Yes. Can the contractor do anything abo�
Category:
News
| Tue, 24 Feb 2009
When contractors get what they deserve
When agents and clients are beastly to contractors, all too often contractors should get spanked for not doing their homework and letting it happen.
�a few years back that vital information about how contracting works was still stuck in the heads of a few contr� �hen so do contractors. I’ve been working on tough contracts where my fellow contractors dropped like flies be� �t. I, too, got a really terrible rate on my first contract; yet, at the time, I felt I was doing really well�
Category:
News
| Fri, 06 Mar 2009
Late payers run out of excuses as courts back contractors fighting for payment
Many excuses used by clients and agents not to pay contractors on time are no longer valid, thanks to a common-sense ruling by the appeals court.
�ke: “Did you perform the services outlined in the contract on time and to the agreed standard? Did your clie�
Category:
News
| Tue, 17 Mar 2009
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