Hi All,
Just a quick question for people. The way things are going at the moment, is there going to be any point in contracting after April 2016?
I have been a contractor since 2010, and have managed to work in unbroken contract roles since that time so have been very lucky I suppose. However, I have also been very flexible on the location of the work as I have been able to claim expenses. Sometimes upto around £1500 per month including mileage and accomodation etc.
With the planned changed coming into force in April 2016 to do with expenses, and possibly also the addition that any contractor working via an agency (whether limited company or not) will be classed as inside IR35, will there be any point in continuing?
What do others think here? Are there any "legal" tax efficient ways of working as a contractor any more?
Just after a general consensus.
Just a quick question for people. The way things are going at the moment, is there going to be any point in contracting after April 2016?
I have been a contractor since 2010, and have managed to work in unbroken contract roles since that time so have been very lucky I suppose. However, I have also been very flexible on the location of the work as I have been able to claim expenses. Sometimes upto around £1500 per month including mileage and accomodation etc.
With the planned changed coming into force in April 2016 to do with expenses, and possibly also the addition that any contractor working via an agency (whether limited company or not) will be classed as inside IR35, will there be any point in continuing?
What do others think here? Are there any "legal" tax efficient ways of working as a contractor any more?
Just after a general consensus.
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