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Key tax penalties imposed by HMRC on contractors
From late delivery of tax paperwork to giving the wrong information – HMRC can be unforgiving and will fine contractors who don’t play by the rules.
�owances. For example, a contractor may complete a contract in March at the end of the tax year but not invoi�
Category: Articles: Tax Issues | Wed, 14 Dec 2011

Contractors’ guide to the flat rate VAT scheme
Contractors can benefit from the flat rate VAT scheme by cutting admin & potentially enjoying a cash surplus, explains Abbott Moore’s James Abbott.
�AT percentages (as at tax year 2013/2014) for key contracting sectors include: Computer and IT consultancy or d�
Category: Articles: Tax Issues | Tue, 24 Apr 2012

HMRC VAT inspection - preparation and process
How to prepare and what to expect when HMRC conduct a VAT inspection
�chase invoices All supporting documentation, e.g. contracts, correspondence, etc. Bank statements Your VAT ce�
Category: Articles: Tax Issues | Wed, 10 May 2006

Section 660a - minimising an inspection and potential penalties
Advice and guidance for avoiding the 'husband and wife’ tax.
�an inspection and penalties .] If you are new to contracting you will need to decide on a payment structure to�
Category: Articles: Section 660 | Wed, 14 Sept 2005

Agency Workers Regulations – AWR risks for contractors, clients and agencies
Contractors, clients and agencies all face, and have to manage, risks since the Agency Workers Regulations come into force on 1 October 2011.
�ensure they do not have an adverse impact on the contracting supply chain. Clients, especially those with larg� �use fewer contractors, or to move operations, and contracts, outside the UK. The main AWR risks facing contra�
Category: Articles: Agency Workers Regulations | Wed, 27 Jul 2011

How expat contractors can quickly start trading after winning their first contract
Once an expat contractor has won their first contract, work can start very quickly and the contractor needs a trading solution in place straight away.
�tion up and running in a matter of days. To start contracting by using an umbrella company , the contractor has� �Winning a contract is nothing like getting a new job with a permanen�
Category: Articles: Expat | Thu, 17 Dec 2009

How do expat contractors’ qualifications translate into UK skills?
For a contractor to score enough points to qualify for a Tier 1 visa they must be able to compare their qualifications with the UK equivalent.
�of study options is one of the major benefits of contracting in the UK . In the IT and other sectors, ther�
Category: Articles: Expat | Mon, 04 Jan 2010

‘Inpat’ non-dom contractor guide to expenses tax relief on journeys home
‘Inpat’ limited company contractors working in the UK can claim for the expenses of unlimited journeys home, explains James Abbott of Abbott Moore.
�actors from overseas who are working on temporary contracts in the UK may be able to claim expenses and tax r� �d to be when the contractor starts their first UK contract.” Resident, ordinarily resident and domiciled Acc�
Category: Articles: Expat | Wed, 12 Dec 2012

How contractors should handle being terminated
Being terminated can be a messy business, but contractors who handle it properly can make it a success.
�e been negligent, or have simply not done the job contracted for at all. This should not arise if you have cle� �the client and won't want to jeopardise their own contracts. Even with such testimony, the agency will have c� �Having your contract terminated is always a messy business. But a cont�
Category: Articles: Legal | Tue, 24 Apr 2018

Contracting and late payment: correct legal procedure when invoices remain unpaid
Contractors seeking payment from clients and agencies for unpaid and overdue invoices must follow the correct process if they are to be successful.
�d agencies. If the contractor has performed their contracting services exactly according to specification, the� �ice, particularly if it is the final invoice of a contract. They can sometimes invent spurious reasons for d�
Category: Articles: Legal | Fri, 22 Oct 2021