News

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From 1% deposits to 6.5x multipliers even on ‘fractional’ income, here's how contractor mortgages are already changing pre-Budget 2026 — and the one wish, and one worry, ahead of former housing min

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10 Downing Street ahead of Budget 2026
Written by John Yerou
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A new name has appeared in the long-running contractor loan saga. It promises financial wellness, claims to have thousands of staff, and says it helps customers become debt-free.

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Urgent payment letters pictured beside a rusty metal trap
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From ‘permitted purpose’ clauses to ‘flow down’ obligations, a live High Court case triggered by ‘unusual email alerts’ and centring on a displaced software supplier offers five lessons in guarding

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Software developer working with programming code on a computer screen
Written by Evane Alexandre
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Amanda worked for eight weeks in 2016.

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Loan recall paperwork tied together on a rain-soaked London street
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There’s a slow tightening of the screw on the self-employed that might as well have eight consultancy giants at the handle end, and government policy as the torque.

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Whitehall government offices in London, representing public sector consultancy spending and IR35 reform
Written by Josh Toovey
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Contractor-turned-umbrella-company-body-CEO Chris Bryce outlines what’s deliverable, affordable and tangible in the new chancellor’s first budget, ranging from MSC reform and a statutory employment

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Autumn Budget 2026: FCSA’s 5 contractor asks of John Healey
Written by Chris Bryce
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First Point Group, Bowers Partnership, VIQU IT and Robert Walters tell ContractorUK why the PM’s dislike of video interviews doesn't map onto professional tech contracting, where virtual is

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Business professional using digital recruitment technology to review job candidates online
Written by Simon Moore
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ContractorUK's investigation into historic contractor loan recalls has uncovered a regulatory question surrounding loans that were bought or administered in the Isle of Man.

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Isle of Man Civil Government Office in Douglas
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Urged to intervene against ‘HMRC cruelty’ in MSC cases, and U-turn employer NICs changes, chancellor John Healey is being called by SG, Re Legal and Caroola to fix the default of 'Inside IR

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HM Revenue and Customs offices in Westminster, London
Written by Simon Moore
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Not every umbrella that underpays HMRC is doing the same thing wrong — and Joint & Several Liability doesn’t treat all three scenarios the same way.

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Hands stopping a row of falling dominoes, representing umbrella company tax and supply chain risk.
Written by Andy Chamberlain
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The Commercial Payments Bill avoided the usual fate of promising legislation — getting butchered by the Lords and sent back watered down.
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Businessman checking invoices beside an hourglass
Written by Adam Home
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HMRC is consulting until Sunday on plans to make Direct Debit mandatory for VAT and PAYE payments, hitting contractors paid on agency terms of 30-60 days.

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HMRC website displayed on a smartphone in a person’s pocket
Written by Carl Bridges
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HMRC’s recent focus on ‘reckless’ tax offences is a blunt instrument that risks tarring legitimate contractors with the same brush as tax evaders, warns SG Accounting’s Daniel Mepham.

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Businessman carrying a briefcase walking across a road
Written by Daniel Mepham
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The former Felicitas director says contractors were never supposed to be pursued for the full face value of their loans — and reveals that Felicitas cancelled at least one loan after conclu

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Historic loan documents and correspondence laid out on a desk
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After June's heatwave-linked dip, IT contractor demand is back in growth — its best month in nearly three years.

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Businesspeople travelling on escalators in a busy office building
Written by Simon Moore
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UK IT contracting isn't shrinking, but it is getting pickier.

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IT professional working in a London office
Written by Nicholas Tsappis
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As LinkedIn users herald a ‘quiet comeback’ in outside IR35 contracting, Reed's head of contract IT hiring Kelly Macey sets the record straight, and explains what's actually behind 2026's rise in o

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Business consultant presenting a technology project to colleagues during a client meeting.
Written by Kelly Macey
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Auto enrolment quietly sorts pensions for employees. Contractors get nothing of the sort, and fewer than one in five of the self-employed now saves into one at all.

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Professional sitting at a desk with a laptop and paperwork, reflecting on financial planning and pension decisions.
Written by Lottie Hutchins
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Got an HMRC loan charge settlement letter?

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Person reviewing an official document with a pen before signing.
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ContractorUK investigates how the alleged rights to thousands of historic contractor loans passed between private companies — and why the paper trail proving who owns them today is missing.

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Last notice legal action letter on a desk with financial documents overlooking the City of London, representing loan charge recall demands and contractor tax disputes.