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]
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Public sector contractors seek IR35 reviews following NHS report
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]
New HMRC IR35 guide – are things any clearer?
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]
News Roundup – RBS 10% rate cut, new MSC risk for agencies
RBS latest bank to slash contract rates RBS has imposed a 10% rate cut on the majority of its temporary and contractor workforce - around 11,000 people - as part of a major cost-cutting exercise. Those affected were informed on 17th April, and the … [more]
Your responsibilities and duties as a limited company director
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]
Why I became an IT contractor, at the age of 25
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]
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