More than just obligatory, FWPs come with serious consequences if shirked (even for Swiss bankers).
Wednesday, June 30, 2021
Contractors, now the UK has an adequacy decision, the free flow of personal data can reign supreme
Thankfully the European Commission has added the UK to an elite club -- no major surprise, yet it was touch-and-go for a bit.
Tuesday, June 29, 2021
Contractors’ Questions: How do I know if I’m due a Loan Charge refund?
Overview of the Morse-ordered voluntary restitution process, including how to apply (by post).
HMRC’s furlough fraud probes hit 7,400, unsettling limited company directors
The sheer weight of CJRS interventions could be seized upon to keep denying directors help, fears Forgotten Ltd.
Monday, June 28, 2021
HMRC admits CEST cost £1.8million, and upwards
Taxman forced to reveal that at just a little over its halfway point, his IR35 tool swallowed a lot -- almost £2million.
HMRC's CEST tool 'leaves 210,000 contractors in IR35 status limbo’
Even by the taxman’s own figures, Check Employment Status for Tax is still not fit for purpose -- advisers.
Friday, June 25, 2021
Contractors’ Questions: How to work overseas via my limited company in the Brexit age?
Where ContractorUK’s overseas contracting guides are still accurate, and where three modifications apply.
Thursday, June 24, 2021
Contractors, sorry, but there’s little wriggle room for BBL recipients who overdrew dividends
Pandemic or not, either your limited company’s distribution to yourself was due or it wasn’t.
Wednesday, June 23, 2021
IT contractors at risk of ‘Anywhere Job’ trend, more so thanks to covid-19
The pandemic is sharpening the double-edged sword of work that can be done anywhere, ‘potentially cheaper’ and by the ‘equally skilled.’
Why the Anywhere Jobs report is worth a read, but not a sleepless night
Offshore teams and tech have come on enormously, yet nimble IT contractors needn’t be fazed.
Tuesday, June 22, 2021
Contractors’ Questions: Does a British IT tutor in Germany need to self-assess with HMRC?
The solution for a technology teacher should just be a (long distance) phone call away.
Contractors, here's when the true impact of a new IR35 will become clear
Studies, surveys and snapshots? Keep ‘em coming. But three channels will provide the real answer – and soon.
Monday, June 21, 2021
Contractors, did you draw dividends after receiving a Bounce Back Loan?
Why that covid-19 cash injection your company got could have rendered your dividend illegal.
Digital Right to Work checks extended, again, until August 31st 2021
The government postponing the return of physical checks for the second time bodes well for a 'permanent digital solution.'
Friday, June 18, 2021
Contractors’ Questions: Is an Apple One Premier Subscription an allowable company expense?
A contractor needs to make clear it’s the 5-device coverage that’s ‘wholly’ necessary; not the add-ons.
Thursday, June 17, 2021
Contractors’ Questions: Are loans received after December 2010 not subject to the loan charge?
Adviser helps a loan charge contractor whose inputs aren’t being accepted by HMRC.
Loan Charge contractors urged to apply ahead of September 30th refunds deadline
Don’t let long wait times at the Revenue put you off – start today, says the LITRG.
Wednesday, June 16, 2021
Outside IR35 public sector roles have more than recovered -- the private sector is surely next
Stats indicate departments have more B2B openings than pre-reform. All the signs suggest companies will follow suit.
'Appalling' payroll boss Scott Rooney's 11-year ban slammed as too lenient
Umbrella director gets off with a year’s disqualification for every month he channelled out an unsubstantiated £37million.
Tuesday, June 15, 2021
What Northern Light Solutions losing its IR35 appeal means for contractors
Get your client’s view of things, and get it early, regardless of which set of off-payroll rules affect you.
Why one third of contractors being placed outside IR35 is a platform from which to build
It’s not business-as-usual. But limited company contracting is far from on its knees.
Monday, June 14, 2021
'Unfortunate' Robert Lee loses IR35 case, owing £70,000 to HMRC
A Nationwide IT contractor who worked as a project manager falls short by 'fine margins.'
Friday, June 11, 2021
Top ten things to check if you have an outside IR35 decision
‘Client put me outside IR35 -- I’m alright Jack.’ But are you, really?
‘Client put me outside IR35 -- I’m alright Jack.’ But are you, really?
Ten things to check if you have the IR35 decision you want, and six things to help put it beyond doubt.
Thursday, June 10, 2021
New 'Workers’ Watchdog' placates umbrella company regulation backers
A Single Enforcement Body is welcomed, but not unreservedly and with qualms over when.
Tax efficient investments for limited companies
Four ways that you as the director of your own company can make a return.
Wednesday, June 9, 2021
No jab, no job? Perhaps, but taking away a covid vaccine-refuser’s work is tricky, outside of Healthcare
Contractors are shoulder to shoulder with staff when it comes to the grounds to refuse extending their arms.
Contractors, if your loan was sold or is being recalled, here’s what to do
Third parties now demanding those ‘never will be collected’ loans are the sting in a long tail.
Tuesday, June 8, 2021
Contractors' Questions: Can I do my company accounts myself?
Even numerate contractors should think carefully before answering two key questions.
SDLT: Contractors, do you qualify for a break once the holiday ends?
At least two reliefs from stamp duty could help keep the inevitable post-holiday blues at bay.
Monday, June 7, 2021
IT contractor demand surged to 23-year high in May 2021
Not since May 1998 has appetite for technology skills on a temp basis been so 'huge.'
Third of contractors 'outside IR35' under new off-payroll rules
Two studies put one in three contractors as not caught by the ‘damning’ April 6th rules.
Friday, June 4, 2021
Best tech contractor job skills 2021: what’s hot
Four IT specialisms are doing a brisk business, with one paying out £750+ a day.
Thursday, June 3, 2021
HMRC admits to processing just 3% of Loan Charge refunds
Taxman accused of 'doing all he can to hold on to people’s money, in defiance of Morse.'
IR35: Post Office case ‘could be UK’s watershed moment for status’
A multi-million pound worker compensation bill could compel droves of employers – and self-employed individuals – to act.
Wednesday, June 2, 2021
Contractors, factor in TAAR when winding up your limited company
Beware four complex, partly interpretative hoops to jump through upon distributing at your PSC’s end.
Contractors, factor in TARR when winding up your limited company
Beware four complex, partly interpretative hoops to jump through upon distributing at your PSC’s end.
Tuesday, June 1, 2021
Contractors to rate the government on supporting limited companies during covid
The Guardian asks to hear from the excluded; The Times ‘misses the elephant in the room’ and The Sun is seen as a warning.
REC calls for bad umbrella company 'hotline' so contractors can help HMRC
Ideas to regulate brollies are flowing thick and fast, with many saying the ultimate solution rests with end-users.