New 'GAAR' may put an end to contractor tax avoidance schemes The 'General Anti Abuse Rule' (GAAR) becomes law on 17th July, as part of the Finance Bill 2013 which is due to receive Royal Assent. These controversial new rules mean that any … [more]
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The latest REC Report on Jobs, which uses a wide range of recruitment agency data to determine the current health of the jobs market, suggests that the demand for IT contractors has reached its highest level in over 2 years. This demand has risen … [more]
Are you a public sector IT contractor? Contractors' group, PCG, has launched a new survey to establish how public sector contractors have coped with new departmental engagement rules, which obligates contractors to prove that they are 'meeting … [more]
Permanent IT demand suffers big fall, but contracting resilient The latest job market data from APSCo shows that the permanent IT recruitment market is "suffering badly". According to the recruitment body, the number of permanent IT workers … [more]
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]
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]
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]