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ContractorCalculator: Contracting news in brief - 29/Jul/2011
News this week includes warning over ‘IR35 friendly’ contracts; BN66 appeal rejected; HMRC customer service scores; & retail demands IT contractors.
�Court ruling sends warning to contractors using ‘IR35 friendly’ contracts The Supreme Court ruling on t� �g employee priorities may drive more workers into contracting A shift in UK employee priorities away from job s� �ends warning to contractors using ‘IR35 friendly’ contracts The Supreme Court ruling on the Autoclenz v Belch� �atus inspection by HMRC. Despite having a written contract for services which included a substitution clause�
Category: News | Thu, 28 Jul 2011

ContractorCalculator: Contracting news in brief - 18/Mar/2011
News this week includes HMRC internal record keeping; financial IT contracting market stable; public sector freelancer boost; & self-employment rises.
�old vital data that will allow full evaluation of IR35 alternatives HMRC has revealed that it “does not� �y. “While this is good news for those looking for contracting opportunities, things have a way to go to recover� �nnie confirms that the investment will create new contracts: “This is without a doubt a startling set of oppo� �services IT contractors experience 8% increase in contract offers IT contractors working in the UK’s financi�
Category: News | Thu, 17 Mar 2011

ContractorCalculator: Contracting news in brief - 23/Jul/2010
News this week includes new body to review IR35; increased demand for IT contractors; financial services recovery continues; & new online calculator.
�IR35 a priority of the new Office of Tax Simplificatio� �n England dominate the market, where 80.1% of all contracts were advertised. More… London’s financial sector�
Category: News | Fri, 23 Jul 2010

New budget calculators released
Contractor Calculator contains new calculators to assess the effects of the recent budget on your net income.
�ncome, taxes, effects of rate changes, effects of ir35, and permanent options. Permanent Salary Comparis� �ine income, taxes, effects of salary changes, and contracting options. Contractor Financial Profile Calculator� �ary Comparison Calculator : Compare two salaries. Contract Comparison Calculator : Compare two contract rate�
Category: News | Thu, 06 Apr 2006

Contractors don't save enough for retirement
Contractors, like the rest of us in the UK, don't save enough for retirement. But when contractors begin to understand the tax breaks offered by pension contributions, they often make up for lost time.
�rect from your company bank account. If caught by IR35 , you save not only the income tax that would ord� �t periods, so they take advantage of high-earning contracts to make larger contributions,'' the IFA expert po� �l adviser (IFA). ''Contractors, who move from one contract to another, tend to be somewhat careless about sa�
Category: News | Tue, 10 Jul 2007

Contractors hit by managed service company legislation
Contractors hit by Managed Service Company legislation, but consultation forces Government to amend its approach.
�don Brown's attack on the self-employed under the IR35 regulations. It will cost sole traders another £3� �ry. There are many permanent workers who consider contracting, and prefer to dip their toes for a while before�
Category: News | Wed, 21 Mar 2007

Using company money to start another unrelated business
Are you considering starting another unrelated business within your current limited company structure? The article explains the issues.
�le? This situation only arises if you are outside IR35, since you can choose not to declare dividends bu� �start other ventures that are unrelated to their contracting profession. Some contractors might think that usi� �company would be trading “Ultra Vires”. I.e. any contract signed would be non-enforceable in law. Treatment�
Category: News | Mon, 11 Sept 2006

Has the Labour movement finally got contracting?
Contractors and the Labour movement have not been natural bedfellows. But a new Fabian Society report may indicate Labour’s changing perceptions.
�iminalise what you do for a living by introducing IR35 . However, a recent report by the Labour-movement� �tershed and has the Labour movement finally ‘got’ contracting? Actually, you wouldn’t think that from the first�
Category: News | Wed, 14 Nov 2012

The UK’s financial plumbing needs fresh thinking to reduce leakage, not more patches
The UK’s financial plumbing is not delivering the required flow of National Insurance Contributions. We need fresh thinking, not legislative patches.
�happening. New taps have been introduced, such as IR35 , and more are forthcoming, such as the controlli� �that has reduced because more people are choosing contracting and self-employment. We certainly don’t need more� �tive security of employees. Indeed, their current contract may be their last, if they don’t invest in their�
Category: News | Thu, 23 Aug 2012

Just because contractors are paranoid, doesn’t mean the government isn’t against us!
IR35, Section 660, the Agency Workers Directive and now False Self-Employment in Construction – how much more can non-employees be expected to endure?
�onstruction , coupled with the publication of our IR35 anniversary special report , got me thinking abou�
Category: News | Fri, 06 Nov 2009

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