Wednesday, May 4, 2022

What is your financial profile, and how to calculate it as a contractor?

The shrewd won’t skimp on a financial profiling adviser who, in turn, shouldn’t skim over the key financial areas that inform PSC workers of their worth.

Contracting overseas is still limited, but three destinations have an edge as covid restrictions ease

Few and far between are your options for working abroad, although Cyprus looks more of a go-to than Spain and the Netherlands.

Tuesday, May 3, 2022

Unlike Neil McCann, contractors, keep your eye on the IR35 ball of control, mutuality and personal service

Don’t get caught offside by the taxman with generic contracts; key factors against you, and witnesses that fail to score for your side.

Treasury response to umbrella company call for evidence ‘will be brutal for the FCSA’

Fresh from clearing JSA, the compliance group is told of ‘a lot, lot more’ to come than just a holiday pay pocketing allegation.

Friday, April 29, 2022

Government must realise, thousands of workers in umbrella companies are employed against their will

The IR35 reform-induced trend of unwilling employment? Like PSLs and holiday pay, ministers owe it to work-seekers to intervene.

Thursday, April 28, 2022

IR35: Seven in ten contractors forced into umbrella companies

‘Absolutely sickening’ of government to push bonafide business owners into ‘benefit-less’ employment.

With insolvency it seems the numbers don’t lie, but are contractor companies already past the worst of it?

Just like CVLs, insolvencies are going in the wrong direction for the recovery effort. So let’s all hope IR35 determinations continue to turn the corner.

Wednesday, April 27, 2022

Tuesday, April 26, 2022

Contractors, are you keeping your limited company safe with these cyber-security steps?

Log-on to an accountant’s webinar on cyber-security as a PSC, now that hackers have undone a string of contractor service providers.

Monday, April 25, 2022

Friday, April 22, 2022

As a new contractor with lots of permie experience, do I need to bother much with a CV?

‘Your numerous promotions yesteryear won’t count for much in the contractor market, even if you are a 30-year tech veteran.’

Thursday, April 21, 2022

How to buy gifts for your clients and claim on expenses

Boost morale, say thanks or just get a little extra out of your limited company. While being aware of HMRC traps.

Advisers to contractors back HMRC finally ‘naming and shaming’ avoidance promoters

Despite it being 15 years overdue, and him still not ‘cutting off the head of the snake,’ the taxman’s new blacklist is being welcomed.

Wednesday, April 20, 2022

What McCann Media Ltd losing to HMRC on IR35 means for IT contractors

The game of two halves is also a game of opinions – a bit like IR35, which another Sky Sports presenter has been defeated under.

Tuesday, April 19, 2022

Can my limited company pay for my director’s life insurance?

Paying for death-in-service benefits via your PSC can be non-taxing for you and your loved ones -- if you get it right.

IT contractor launches petition against Preferred Supplier Lists

Sympathies abound but unless the law changes, brollies get regulated, or the EASI intervenes, ‘Faustian deals’ look set to continue.

Thursday, April 14, 2022

Boox responds to MSC investigation by HMRC, slamming it as 'misguided'

More contractor accountants getting assessed as MSCPs is ‘obvious,’ but, for now, one firm is fighting back, forcefully.

Is HMRC accusing you of being a Managed Service Company? Control will be the key

The taxman is seeing how far the boundary of the 2007 rules will stretch, to snare perhaps thousands of PSCs in his net.