Attempt to outlaw retrospective taxation fails A bid by Steve Baker MP to make an amendment to this year's Finance Bill which would have prevented the Government from imposing retrospective taxation measures in the future has been … [more]
First Timer or Veteran Contractor?
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.
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. My first experience of an IT contractor came when I was a permanent data analyst at British Airways in the mid 1990s. … [more]
Contracting industry campaign to promote umbrella compliance A new site - 'All Umbrella Companies Are Equal' - is urging providers within the industry to sign a 'straight talking charter', to provide a level playing field among umbrella schemes, … [more]
37% of contractors have faced HMRC fines A new survey of 2,000 contractors shows that over one third have received an HMRC penalty or fine. The poll, carried out by umbrella company provider, Paraplus, suggests that the main reason why contractors … [more]
Latest IR35 Forum minutes released The IR35 Forum, set up soon after the Coalition came to power, to oversee the overhaul of the way IR35 is administered, has published minutes from its latest meeting, which took place on 29th April 2013. The … [more]