As the COVID-19 pandemic continues to sweep across the country, it’s clear that all types of workers have been affected in one way or another. Often, it’s presumed contractors suffering from an illness will not receive any income for the time that … [more]
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Contractors can apply for pandemic relief via the Bounce Back Loan Scheme
With most contractors ineligible to benefit from the main Government COVID-19 support schemes, the new Bounce Back Loan scheme may offer some relief to cash-starved small companies. … [more]
COVID-19 Contractor Eligibility Calculator – what can you claim for?
The Government has announced a series of measures to support businesses and people through this period of disruption. Here, the team at Forma has put together an excellent summary of the various schemes, plus a calculator. … [more]
Limited company contractors excluded from self-employed COVID-19 support
Limited company contractors won't benefit from the new COVID-19 self-employed support package, unveiled by the Chancellor this week. … [more]
Off-Payroll (IR35) private sector rollout deferred until April 2021
The Off-Payroll private sector rollout has been deferred by a year, until April 2021. Steve Barclay MP made the announcement in the House of Commons tonight. … [more]
Budget 2020 – Off-payroll changes will go ahead on April 6th
Today's Budget confirmed that the April IR35 reforms will go ahead as planned. A series of smaller, positive announcements won't make up for the seismic off-payroll changes, which are causing chaos at a time of unprecedented uncertainty. … [more]
The taxing task of preparing for the off-payroll (IR35) changes
With changes to HMRC's off-payroll tax rules coming into force in less than a month, many businesses are still struggling to understand their exposure to the new legislation. … [more]
HMRC’s IR35 ‘review’ published – a sham, as expected
The Government has published the results of its post-election IR35 review. As expected, nothing of any substance has been announced, although HMRC has promised to take a 'soft' approach to compliance during the tax year following the April 2020 … [more]
April 2021 private sector IR35 changes – what happens now?
The IR35 'off-payroll' rules will be extended to the private sector on 6th April 2021, directly affecting a large number of contractors. What exactly does this mean, and what should contractors and clients do to comply with the new legislation? … [more]
Off-payroll / IR35 changes – how has the contract jobs market reacted?
With 'outside IR35' contracts now in high demand by contractors, due to the introduction of the April 2020 'off-payroll' rules, how have the legislative changes affected the contract jobs market, and how are agency recruiters reacting? … [more]
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