Search Results

Umbrella contractors can’t open limited companies to claim T&S relief
Umbrella companies don’t have to consider adopting risky operating models to continue processing contractor T&S, thanks to a new SDC testing solution.
�able to continue processing T&S expenses in a compliant manner maintain a competitive edge in the market,� �hem onto other tasks not originally agreed in the contract. One concern is that HMRC guidelines note that th�
Category: Articles: Contractor umbrellas companies | Wed, 22 Jun 2016

Contractors and employment rights: a huge can of worms
Contractors don’t need employment rights, but situations do arise where a long-term relationship between a contractor and a client starts to resemble having a job.
�ornet’s nest. Contractors who are operating via a compliant umbrella company are already classed as workers,� �an protect against claims for rights? In general, contracts with clients and agents should take these possibi� �ermined by whether there is an express or implied contract to perform personally any work or services for an�
Category: Articles: Legal | Wed, 28 Feb 2018

Off-Payroll (IR35) Tax: How to calculate and process ‘deemed direct payments’
Find out how to comply with the Off-Payroll tax rules and mitigate your tax risk by correctly calculating and processing deemed direct payments.
�es must police ‘inside IR35’ payments Another non-compliant practice that clients and agencies need to be awa� �ies are also advised not to deceptively advertise contracts at gross rates, if contractors are ultimately dee� �ng in most cases the deemed direct payment is the contract rate agreed with the worker. According to the leg�
Category: Articles: Off-Payroll (IR35) Reforms | Sun, 23 Aug 2020

Off-Payroll audit guide: A timeline for agencies and hirers to achieve compliance
The Off-Payroll rules may not be implemented until April 2021, but hiring firms and recruitment agencies need to begin preparations now. Find out why.
�ember 2020 The first step to becoming Off-Payroll compliant is an evaluation of the contingent workforce by t� �affected contractors; Decide whether to terminate contracts to fund employment costs Jan-21 Communicate impen� �ssment outcomes on business; Calculate manageable contract rates for affected contractors; Decide whether to�
Category: Articles: Off-Payroll (IR35) Reforms | Tue, 08 Sept 2020

How to get an IR35 pass using the HMRC CEST status tool
HMRC’s IR35 CEST tool will only pass contractors in cases of absolute certainty. Find out the few routes through the tool that can make you pass IR35.
�s unlimited IR35 assessments, helping you to stay compliant with IR35, combined with insurance to protect aga� �his is provided that your answers align with your contract and working conditions. According to case law, an�
Category: Articles: Off-Payroll (IR35) Reforms | Tue, 01 Sept 2020

Five questions to ask agencies about ‘inside IR35’ contracts
Contractors considering working ‘inside IR35’ under Off-Payroll should ask questions of the agency to seek important clarifications.
�fiting from leading contingent workers into a non-compliant scheme. If you are to accept a contract via an um� �es, many agencies and clients will be advertising contracts as ‘inside IR35’ on the basis that the client has� �ce agencies mention ‘inside IR35’, this means the contract must be accompanied by a status determination sta�
Category: Articles: Off-Payroll (IR35) Reforms | Thu, 21 Jan 2021

Comparing taxes: contractors versus employees
Compared with employees, contractors enjoy only modest tax advantages and generate considerably more tax. Find out how you can help HMRC realise this.
�s unlimited IR35 assessments, helping you to stay compliant with IR35, combined with insurance to protect aga� �take from contractors and employees. How tax from contracting and employment income compares Let’s consider thi�
Category: Articles: Tax Issues | Mon, 03 Jun 2019

Contractor tax avoidance schemes – an overview
Contractor tax avoidance schemes are worlds away from the schemes used by corporates and the wealthy – and some of them work, says David Colom of DJ Colom & Co
�ainst the ‘spirit’ of the law. But they are fully compliant with the law and do work.” Tax avoidance schemes�
Category: Articles: Tax Issues | Thu, 10 Jul 2014

Taking salary and dividends – best tax strategies
Contractors can tax efficiently extract earnings from their contractor limited companies by paying themselves a low salary and the rest as dividends.
�s unlimited IR35 assessments, helping you to stay compliant with IR35, combined with insurance to protect aga� �choose an accounting firm who specialises in the contracting industry and understands how to achieve this - se� �nd dividend option for the period of the relevant contracts, and must instead pay themselves everything via a�
Category: Articles: Limited Companies | Tue, 19 Dec 2017

How to pass an IT interview - 21 killer tips to get that job
Are you a great techie but terrible at interviews and don't get hired? Read 21 tips for IT interviews.
�r not being hired to use the latest Whizz-bang CV compliant technology, but are there to help their business.� �ason they will consider hiring you. To shine at a contract interview for an IT contract and get offered the�
Category: Articles: Job Search | Tue, 21 Nov 2017