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Contractors remain subject to IR35, while income tax and NI may merge – Budget 2011
Contractors remain subject to IR35 as the Chancellor George Osborne delivers a 2011 Budget that proposes the merger of income tax and NI.
…Contractors will remain subject to IR35 and its administration will be improved, while a… …nt tax jurisdictions, which would result in fewer contracts Technical changes to oil field taxation may stimu… …velopment, which is likely to result in increased contract opportunities Changes to how leases are defined c…
Category:
News
| Wed, 23 Mar 2011
Budget 2011 reaction - IR35 retained, as abolition risks falling tax revenues
Contractors must endure IR35 for the foreseeable future, until a possible merger of income tax and NI proposed in the 2011 Budget makes it irrelevant.
…Contractors must continue to endure IR35 for the foreseeable future, at least until it is… …e revenue?” asks Vessey. As he points out, HMRC’s contract review service launch at the same time as IR35 in…
Category:
News
| Wed, 23 Mar 2011
IR35 will be abolished, says Small Business Minister Mark Prisk
In an interview published in the Telegraph, Small Business Minister announces that small business taxation review will make IR35 redundant.
…IR35 will be abolished, Small Business Minister Mark P…
Category:
News
| Wed, 23 Jun 2010
New calculator: contractor pension calculator
Calculate the benefits of a contractor pension. Up to 48% tax relief!
…nvert your taxes to income and reduce the pain of IR35. Just enter your hourly rate, ir35 status and age…
Category:
News
| Mon, 12 Jul 2004
IR35 Forum – Part 2: Targeting strategies to segment contractors into IR35 risk bands
In this second of a series of articles analysing options open to the IR35 Forum, ContractorCalculator looks at HMRC’s contractor targeting strategies.
…adopt to identify those disguised employees that IR35 was originally designed to catch, whilst minimisi… …lient for more than a set period; or they are not contracted on a specific project; or they have previously be… …actor in business and the other is an employee. A contracting insider’s view on what constitutes a high risk co… …’ – these workers start on a genuine project, but contract extension follows contract extension, until they…
Category:
News
| Thu, 23 Jun 2011
IR35 Forum – Part 4: ‘In-business’ tests are great idea in theory, not in practice
Contractors in all their variety simply can’t be reduced to tick boxes. In-business tests are great in theory, but will fail contractors in practice.
…f articles analysing the options available to the IR35 Forum as it determines how HMRC might better admi… …efined by tax inspectors, and had the blessing of contracting sector representatives on the Forum, would be a p…
Category:
News
| Tue, 28 Jun 2011
Contracting bodies urged to support fight against public sector IR35 reforms
Contracting bodies are being encouraged to lobby against public sector IR35 reforms, which experts warn will soon be extended to the private sector.
…the upcoming summer consultation on public sector IR35 reforms . Experts warn that the ‘non-starter’ reg… …Contracting bodies have been issued a call-to-arms to get inv… …the numbers of workers being hired on fixed term contracts also remains a distinct possibility. Meanwhile, H… …PAYE through RTI on an individual when you have a contract with their company, not them personally,” notes F…
Category:
News
| Thu, 14 Apr 2016
IR35 and PSC inquiry - Lords pour scorn on government and HMRC
IR35 and PSCs are “unfinished business”, conclude the Lords during a debate that was highly critical of the government’s response to their inquiry.
…ervice companies (PSCs) and HMRC’s enforcement of IR35 are all “regarded as unfinished business”. This w…
Category:
News
| Wed, 18 Jun 2014
Contractors stuck with IR35: Government’s response to the Lords’ PSC inquiry
Contractors won’t see IR35 being repealed any time soon, according to the government’s “lacklustre” and “formulaic” response to the Lords’ inquiry.
…Contractors will continue to be subject to IR35 , regardless of the harsh criticisms levelled at…
Category:
News
| Tue, 10 Jun 2014
Updated IR35 factsheet launched to debunk more Government falsehoods
ContractorCalculator has launched an updated version of its IR35 factsheet to counter spurious claims made by the Treasury following last week’s Budget.
…ContractorCalculator published its updated IR35 factsheet today. The factsheet provides an accura… …ple claims that have already been debunked by the contracting sector, ContractorCalculator’s factsheet is all s…
Category:
News
| Mon, 12 Nov 2018
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