It is not unusual for contractors to take time out, either for an extended holiday, to carry out a period of research and training, or if new work is hard to find. You may even have decided to take a permanent job. So, what should you do with your … [more]
First Timer or Veteran IT Contractor?
Our site provides all the information, tools and resources you'll need to operate a successful professional contracting business - whether you're thinking of taking the plunge, or even if you're a seasoned pro.
Responding to a parliamentary written question last month, the Treasury has revealed that the direct tax yield from IR35 investigations remains negligible, but is there more to the figures than meets the eye? … [more]
New Government rules will require recruitment agencies to provide more information than ever to HMRC about the contractors on their books, including how much they're paid. We asked an expert what this means in practice, and if there is a link between … [more]
HMRC has announced its decision to withdraw the much-criticised IR35 Business Entity Tests (BETs) from April 2015, having established that they have been 'used very little', and haven't fulfilled their intended purpose. … [more]
Individuals who used 'contractor loan' schemes to avoid tax in the past have been given six months to settle their outstanding liabilities with HMRC 'on the best possible terms'. This 'settlement opportunity' is targeted at the estimated 16,000 … [more]
A contractor accountancy firm has reported a surge in demand for IR35 contract reviews from its public sector contractors following the release of a controversial report by Monitor which shows that dozens of NHS executives, working via their own … [more]
Last week, HMRC published new IR35 guidance (PDF), to replace the 'FAQ' section which had existed on its official website for over 13 years. We asked IR35 expert Seb Maley from Qdos whether the new information was an improvement on the old, and how … [more]
As the director of a Limited company you must perform a number of legal and financial duties, these responsibilities may seem onerous at time, but the consequences for any breaches are serious. With risks including financial penalties, … [more]
If you're placed on a contract where you'll have access to sensitive information or assets, you'll need to hold valid security clearance. So, what levels of clearance are there, and how easy is it to apply for contract work? Security checks are … [more]
Let's face it, when we were budding IT professionals, we looked at the IT contractors in our teams with a certain degree of envy. … [more]