The Government is to take action against employment businesses who abuse expenses tax relief rules, and aims to create a 'level playing field' for umbrella payroll providers. But will contractors be affected? … [more]
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Very few contractors regret their decision to break with traditional employment and start out on their own. Our site provides all the information you'll need to operate a successful professional contracting business - whether you're thinking of taking the plunge, or if you're a seasoned pro.
Here are the main points from today's Budget - with particular reference to those changes which affect contractors and the contracting industry as a whole. … [more]
With the Budget now less than a week away, contractors are looking on with interest to see what next steps the Government will announce regarding its plans to tighten rules on travel and subsistence reliefs for ‘overarching contracts of employment’. … [more]
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]
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]
Think back to the last time you were looking for a contract. How many applications did you make? Can you remember the name of every agent you rang (or who rang you)? And can you remember the name of every organisation that received your CV during … [more]
HMRC has responded to recommendations made by the IR35 Forum on how IR35 can be better administered in the future. Containing little of real substance, industry reaction has been negative. … [more]
HMRC has outlined its plans to outlaw the exploitation of travel and subsistence rules via the use of overarching contracts of employment, which have been used by a minority of umbrella firms to avoid millions in taxes, whilst also distorting the … [more]
As a contractor, you may have been told that pensions are 'one of the last remaining tax breaks'. Trouble is, pension planning is a notoriously complex topic for most of us to digest, so we asked an expert to explain exactly why it is tax efficient … [more]