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ContractorCalculator: Contracting news in brief – 10/Jul/2015
News this week covers: Summer Budget attacks contractors; pensions advice; skills shortages increase; and growth in contractor recruitment sector.
…IR35, dividends and expenses targeted in Chancellor’s… …rs’ advantage Contractors working across the core contracting disciplines are benefitting from increasing deman…
Category: News | Fri, 10 Jul 2015

PCG welcomes direct approach taken by HMRC
PCG Comments on the Proposals to Tackle Managed Service Companies
…the government’s reasoning in removing MSCs from IR35 and leaving it in place for other intermediaries…
Category: News | Thu, 07 Dec 2006

You need tax insurance - get benefits by joining the FSB
The FSB include tax insurance for all their members.
…e indeed a genuine business which might help with IR35 status disputes. You must ensure that you behave… …appeal would be based on whether they thought the contract was one for services (self-employment). Concerns…
Category: News | Sat, 01 Apr 2000

Contractors should have schedules in their contracts
Having a schedule in your contract is a great way to stay outside ensure the expectations are clearly defined between contractor and client.
…Show that you have the terms to keep you outside IR35 Contract Essentials When you contract with an age… …hich specialises in contractor affairs: ''You are contracting to provide specific services; you are not signing… …The schedule is a critical part of contractor contracts, and you need to see that it is handled properly.… …sh. So it is important that you demand a two-part contract: 1) the general terms governing your work, and 2)…
Category: Articles: Legal | Thu, 18 Oct 2007

Dividends and contracting: calculation, payment and taxation
You may take dividends from your limited company whenever you are certain that there are after-tax profits to be divided up. Here's how you calculate them.
…pital you may need for your company as well. What IR35 issues are there with contractor dividend payment… …best form of payment for contractors? If you are contracting and running a limited company , the most advantag… …ments? If you believe your revenue is earned from contracts that are inside IR35 , then you must not take div…
Category: Articles: Limited Companies | Thu, 15 Mar 2018

Contractors should choose limited companies if the fit is right
There is pressure in the industry on contractors to choose PAYE umbrellas for their businesses. Barry Roback of JSA shows that those for whom a limited company is a good fit should try one on.
…ce company, or even whether or not you are within IR35 . Make the Right Choice Many agencies, which are… …a good choice for someone who isn't committed to contracting. ''If you are just going to give it a try for the…
Category: News | Fri, 17 Aug 2007

Contractor accounting: How to manage your company accounting
How can contractors manage their accounting for a contracting limited company and at what point should they call in the services of their accountant?
…contractor, reducing the risk of being caught by IR35 Contractors have much more flexibility with how t… …Limited company contracting has traditionally been the trading vehicle chosen… …limited company? Contractors typically choose to contract via a limited company for a number of reasons. Th…
Category: Articles: Limited Companies | Mon, 19 Jan 2009

8 important reasons why 2017 will be a strong year for contracting
Improving prospects and new ways of sourcing contracts are amongst several reasons why you can look forward to a buoyant year of contracting in 2017.
…ion just around the corner Despite the reforms to IR35 in the public sector and the negative impact of B… …, but the long-term future is still promising for contracting because it’s so engrained in the way that we oper… …tant work carried out by contractors.” 2. Finding contract work is simpler than ever before This growth is p…
Category: News | Thu, 05 Jan 2017

Running your limited company - a contractors guide
This article lists the on going responsibilities and obligations of running a limited company.
…arise you will need to consider the following: 1. IR35 IR35 is a fundamental issue which you will need t… …u will need to consider at the very start of your contracting career and every time you accept a contract. You… …d to seek specialist legal advice for the various contracts you undertake in order to ensure that your decisi… …ur contracting career and every time you accept a contract. You will need to familiarise yourself with the r…
Category: Articles: Limited Companies | Mon, 06 Feb 2006

Dividends – calculation, payment and taxation
Contractors using limited company structures can get significant tax advantages by paying themselves dividends. This article explains how dividends work.
…out a dividend to the shareholders. Dividends and IR35 Most contractors using a limited company operate… …idends has been updated. Please see Dividends and contracting : calculation, payment and taxation . Introductio…
Category: Articles: Limited Companies | Wed, 09 Aug 2006

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