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.