As long as you follow HMRC’s rules, your ‘annual event’ can go off with a tax-free bang, virtually or in-person.
Thursday, December 23, 2021
Wednesday, December 22, 2021
HMRC late penalties: how much it costs contractors who don’t file or pay on time
Just like Companies House, the Revenue punishes the unpunctual. So get in way before Jan 31st.
Tuesday, December 21, 2021
Top 5 IT skills for contractors in 2022
Learning or developing these skills for 2022 could lead to higher contract rates and more opportunities.
Contractors, don’t expect BADR if your company has ceased trading
Even keeping a limited company going is no guarantee of relief, as Allam V HMRC shows.
Monday, December 20, 2021
The best hope for letting HMRC and taxpayers move on from the loan charge debacle? It’s HMT’s Lucy Frazer
LCAG shares its Christmas wonder: how a nod through in 2018 still has reverberations in almost 2022, with lives lost, ruined and remaining at risk.
Friday, December 17, 2021
Important tax dates and deadlines contractors need for their 2020/21 self assessment
Avoid any New Year headaches with your Self Assessment tax return by being aware of these dates and deadlines.
Thursday, December 16, 2021
The IR35 disconnect between HMRC and the contractor sector is stark; here’s why
Taking end-users at their word and accepting all’s in hand could unravel. Potentially as soon as April 2022.
In defence of IR35 automation tools…
Continually knocking the most viable solution today seems odd, especially with algorithms assisting so many.
Wednesday, December 15, 2021
Umbrella company expenses. What can I claim?
Overview for umbrella contractors of what can be claimed; how and when.
Challenging IR35 status via your tax return is not appropriate, Treasury minister wrongly claims
Despite help from a Baroness, Lucy Frazer has to be corrected by HMRC and now, by contractor group IPSE.
Tuesday, December 14, 2021
Treasury’s Lucy Frazer sticks close to HMRC’s script in IR35 exchange with peers
Tweeted about her ‘tremendous’ knowledge-gap, the new minister appeared to the Lords as the personification of the taxman’s discredited evidence.
Monday, December 13, 2021
Treasury minister faces IR35 questions, as loan charge pressure mounts
Lucy Frazer is to be grilled on off-payroll matters by Lords who are known to lament the loan charge.
Taxman's ‘too early to say’ claim on IR35 riles contractor experts
Off-payroll advisers say the evidence couldn’t be clearer, or more abundant, given there’s eight months of it.
Friday, December 10, 2021
Growth in demand for IT contractors rebounded in November
'Strong end to the year' for temporary techies, in terms of opportunities and rates -- REC.
Thursday, December 9, 2021
Lords talk of reviewing ‘devastating’ IR35 reform’s few key aspects
The off-payroll probing peers make a beeline for ‘solutions,’ with CEST and SDP out in front.
Work from home from Monday 'if you can,' contractors told
Boris Johnson widens Omicron restrictions to include a policy many contractor sector businesses are operating already.
Wednesday, December 8, 2021
One thing that won’t change in 2022, contractors must check the KIDs are alright
Brollies and agencies are letting down contractors five-fold on a document with only 10 pay 'must-haves.'
Officials want umbrella sector evidence: here’s what our brolly will say
The call for evidence on umbrella companies is welcome, but it’s not before time.
Tuesday, December 7, 2021
The Contracting Awards 2022 launches to recognise vital contractor service providers
Nominations open to suppliers supporting contractors after a challenging period, with everything from COVID-19 to IR35 reform.
SA302: the tax calculation document many contractors can’t be without
What an SA302 is and when contractors might need it from their accountant or HMRC.
HMRC's written evidence to Lords' IR35 inquiry ‘tantamount to fiction’
Sounding stuck on the phrase ‘too early,’ the taxman is told he’s not telling peers a full or realistic IR35 reform story.
Monday, December 6, 2021
Switching from limited company to umbrella company in 2022; if you’re not already using both models
Thanks to the hellish IR35-covid mix, many contractors went brolly this year. But due to another combo, not entirely.
Friday, December 3, 2021
What are the big issues for limited company contractors in 2022?
Some of the obstacles of the last 12 months may start to clear. But IR35 isn’t going anywhere.
Thursday, December 2, 2021
Contractors’ Questions: Can my limited company buy champagne as a Christmas gift for my mentor?
Accountant admits he’s the bearer of bad news, unless biros are better than bubbly.
IR35: Contractors, it’s time to switch your business head on
Paying for your own status assessment? It’s part of today’s bitter truth of being in business on your own account.
Wednesday, December 1, 2021
Contractors’ Questions: My CV conundrum; ATS versus IR35?
Where software places you is poles apart from outside IR35. Fortunately, there’s a halfway house.
Government calls contractors to give evidence on umbrella companies
Unexpectedly, HMT gives ContractorUK readers a chance to help shape the future of brolly regulation.
Tuesday, November 30, 2021
What is a P60 and do contractors need a P60?
Overview of the HMRC form that shows tax paid on salary in the last year.
‘Work from Home’ not included in new Omicron restrictions for England
Recruiters relieved at now in-force covid rules omitting forced leave from workplaces.
Monday, November 29, 2021
‘Usefulness’ of HMRC’s umbrella worker avoidance tool thrown into doubt
The feedback form for the beta service looks likely to be mixed, as division over the risk-checker continues.
IR35: Four contractual areas that undid Dave Clark; which you must beware too
Inside, outside, on the side. Wherever its terms are, the contract is an extremely important memorial of your agreement.
Friday, November 26, 2021
Contractors’ Questions: How maverick should my contractor marketing be?
Filtered or unfiltered? Being authentic is good. Being in sync with your target audience is better.
Contractors, what is phoenixing and what are the consequences?
Limited companies rising from their predecessors’ ashes is going to be a growing business. Not that you should want any part of it.
A contractors' guide to phoenixing
Limited companies rising from their predecessors’ ashes is going to be a growing business. Not that you should want any part of it.
Thursday, November 25, 2021
Contractor sector backs Margaret Beels as new Labour Market Enforcement Director
Sir Matthew Taylor’s successor is finally appointed, and it’s ‘someone with a real idea of what goes on.’
Forget phoenixing contractors; a bird in the hand is worth two in the bush
Limited companies rising from their predecessors’ ashes is going to be a growing business. Not that you should want any part of it.
Wednesday, November 24, 2021
Why your umbrella payslip influences your mortgage application
Discover how lenders prefer to assess brolly contractor earnings for home loan purposes.
Tuesday, November 23, 2021
How to obtain an EU passport as a Briton in the Brexit age
Contractors will be among those interested in when living and working in 27 member states becomes an entitlement.
HMRC research says ‘emotional’ small companies feel its fear-factor
With experts finding him ‘threatening, aggressive, damn scary, and even bearing teeth,’ the ‘perception’ to traders of a taxman to fear seems rooted in reality.
Monday, November 22, 2021
Top 10 tactics to optimise your CV for Applicant Tracking System
Should contractors tailor a CV for ATS? Find out on December 1st.
HMRC hands umbrella contractors new avoidance ‘risk-checker’ tool
Government keeps ‘doing nothing but publishing some guidance,’ but a new Revenue three-parter is hailed as a ‘must-read.’
Friday, November 19, 2021
A dose of the taxman’s covid pragmatism would work wonders on his loan charge intransigence
Add IR35 inertia into the mix, and we could see the unblocking of issues that both blight HMRC and harm contractors.
Thursday, November 18, 2021
Contractors, judges just handed you more right of substitution guidance
Knowing a fettered right won’t deliver is among the takeaways of a new courier case for PSCs trying to avoid IR35.
What is the High Potential Visa, and is it for contractors?
Definitions, criteria, contractor eligibility. Government has a fair few blanks to fill in on the HPV.
Wednesday, November 17, 2021
A new contractor's guide to self-assessment
Five steps to help keep the taxman off your back when filing your first tax return.
What is the Global Business Mobility visa, and is it for contractors?
Spring’s GBM visa already looks like a boon for secondees and suppliers, bar any devil in the detail.
Fancy IT consulting in France as a Briton? Here’s how despite Brexit
Thanks to six letters, EU passport-holders’ prospects are unmatched, but there is one overlooked way for Brits to work across The Channel.
Tuesday, November 16, 2021
Umbrella Company or Limited Company: what’s best as a contractor?
With a new IR35 in force, and brolly regulation fated, the models to go contracting contain more ‘nuts and bolts’ than ever before.
Monday, November 15, 2021
No gain for FCSA from us using only FCSA-umbrella companies, claims HMRC
Revenue says the decision that brolly contractors working across its operations are only from FCSA members is not its to make.
Contractors warned against using client PSCs as substitutes, in wake of LPPL
Another member of your client’s team as a sub is a sub you could without, says ex-Revenue official.