Contractor News

Taxman talks of ‘off-payroll rules in the private sector’

The taxman has updated his guidance notes and uttered the words contractors say they dread the most — “apply the off-payroll working rules in the private sector.” Ominously for those who fear the rules’ extension, the HMRC webpage in question previously contained information on the private sector’s version of IR35, effective since 2000. But a […]

Posted under General on Wed 23rd August 2017

Third of trainee GPs not planning to work in NHS general practice

Only two-thirds of trainee GPs are planning to go on to work in general practice in the NHS, a new study has today warned. The research carried out by the University of Warwick surveyed 178 GP trainees in the West Midlands who were within three months of receiving their certificate of completion of training, and […]

Posted under Medical on Mon 21st August 2017

HMRC ‘wrongly issued fines to self-assessors, repeatedly’

A throwaway line in HMRC’s annual accounts has been seized on by a Sunday newspaper as evidence that 963,000 self-assessors were wrongly issued fines for three years in a row. In fact, rather than realise that the workers were unnecessarily registered for SA and just remove them after year one, the Revenue fined them all […]

Posted under General on Thu 17th August 2017

Contractors’ confidence sinks under IR35 reform

Confidence among contractors in their single-person’s business performance has plummeted to its lowest level on record, an index shows. The Association of Independent Professionals and the Self-Employed said such contract professionals now expected the biggest slump in their business since its index began in 2014. Technical contractors and those at associate professional level are the […]

Posted under General on Tue 15th August 2017

A guide to maternity leave for freelancers and the self-employed

From applying for maternity allowance to ‘keeping in touch days’, journalist Cherry Casey explains what you’re entitled to Hours that fit around school runs, being on hand to soothe a sick child and never missing a sports day – the benefits of being a freelance parent are far-reaching; no doubt one reason why there was […]

Posted under General on Thu 10th August 2017

IT contractors want EU freedom of movement

  Almost three-quarters of IT contractors want the UK to stay in the single market and avoid a hard Brexit, a survey shows. In fact, 73% of temporary IT professionals favour retaining the free movement of workers between Britain and the European Union, found ClearSky Accounting. It means that just over a fifth (21%) of […]

Posted under I.T/Software on Tue 8th August 2017

Rising cost of relief on expenses ‘a red herring’

Claims by officials that the mounting cost of providing tax relief on unreimbursed expenses is grounds to tighten the rules are invalid, the Treasury has been warned. In fact, in responding to the extended call for evidence on employee expenses, a tax body described the Treasury’s concern that the cost of such claims is increasing […]

Posted under I.T/Software on Thu 3rd August 2017

UK North Sea decommissioning – is a skills crisis looming?

  Oil and gas industry woes have created a potential skills crisis for North Sea decommissioning, an expert has warned. Tim Haidar, the industry commentator behind market intelligence website Oil and Gas IQ said the recent collapse in oil prices had seen ageing infrastructure “rocket to the top of the owner-operator agenda”. He added: “As […]

Posted under Oil & Gas on Mon 31st July 2017

Hays and Parity blame IR35 reforms for public sector decline

Two large IT recruiters have blamed IR35 reform in the public sector for taking the shine off their performances in the last six months. Parity Group, an AIM-listed agency hiring for state bodies, and Hays, a FTSE-listed firm with public clients like TfL, each cite the off-payroll rules in trading updates up to June 30th. […]

Posted under General on Wed 26th July 2017

Dividend allowance cut re-tabled from April

The much-disliked plan at Budget 2017 to cut contractors’ tax-free dividend allowance by £3,000 has been officially re-tabled by the government. But unlike last week’s re-tabling of Making Tax Digital, where a delay has been put in place, the cut in the allowance will go ahead from April 2018, as planned. The absence of a […]

Posted under General on Tue 25th July 2017