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Contracting News

Contracting News

As 2022 draws to a close, the REC takes a deep dive into hiring trends in the technology sector.

A status expert’s reflections on 12 months that will live long in the memory – for all the wrong reasons.

‘Not yet a major slowdown’ warns the REC, even if demand for full-time techies is already in negative territory.

A cautionary tale for contractors about lack of focus – on a CV; on your business, on your status.

Six status scenarios playing out now, and bound to continue into next year.

The dust settling on the chancellor’s Green Book is far from pacifying its many critics, including two political IR35 heavyweights.

Concern raised for NHS workers and other ‘average earners’ who used CML, given that HMRC tends to chase individuals, not brollies.

Wider grounds than potentially unauthorised deductions of employer NICs should be considered if taking a brolly to tribunal.

Sombre and powerful, a vigil-turned-protest outside HMRC’s office is further pressure on a chancellor being asked for answers -- by 55 advisers and 80 MPs.

Clean-up efforts look underway, with agencies, government and a charity responding to the payroll sector’s ‘not great’ goings-on.

It’s wild; hysterical and panic-inducing – and that’s only the coverage. Fortunately for contractors, the likelihood is just a reversion of the property market to 2021.

For being more limited than limited companies feared, Hunt’s CGT reforms are a bit of a let-off for small, entrepreneurial businesses.

A timely refresh from the Revenue has industry advisers divided over the trigger. If there was one.

Campaigner: No surprise chancellor Hunt didn’t touch the HMRC policy -- as opposed to schemes, which he absolutely should have tackled.

Beware the false umbrella employers; ineffective opt-outs, and Arthur Daley-esque insurance policies.

‘Less money to go around’ for PSCs is the result of changes to dividends, corporation tax, and the 45p rate. But how much less money is the question.

With an extra bill of £3,750 from corporation tax alone, no wonder some PSCs feel Hunt is hunting them to extinction.

Still sore from him cancelling the off-payroll rules’ cancellation, Hunt’s changes to dividends are ‘salt in the wound’ for PSCs.

Allowance cut is 'small fry in the grand scheme of things,’ but in the Green Book’s small print, the penalisation of PSCs persists.

Jeremy Hunt delivers a ‘plan for stability, growth and public services.’ And a plan to make dividends more taxing.

‘If any payments to contractors are found to be due those will, of course, be Orange Genie’s sole responsibility.’

What the taxman gives with one hand as a tax refund to a failed PSC, he will surely try to take back with the other from its director.

What three contractor service providers say they’d welcome on Thursday fills one status expert with dread.

Six ways the Treasury boss can restore stability, repair the Tories’ reputation and return contracting to what it does best.

No retreat or retrenchment just yet, but pressure, caution and struggle still hit temporary techies and their clients in October.

Advisers worry the taxman isn’t offering much more than an updatable archive of umbrellas which contractors shouldn’t have once used.

Contractors face a potentially ‘worrying’ and ‘significant’ tax hike that ‘would make operating via PSC even more difficult.’

What a Supreme Court ruling might mean for other directors who pay dividends only for their companies to subsequently enter administration.

Brolly bosses write to their staffing partners to try to avoid the same fate as Orange Genie – being removed from PSLs.

The FCSA expels one of the contractor sector’s longest-serving brollies, and vows to tighten its own members’ compliance code from 2023.

Nominations open to suppliers going the extra mile to support contractors.

Finding clients, sorting admin, and all while navigating both Brexit and IR35? Contracting abroad isn’t for the faint-hearted, but help is at hand.

The chancellor going for Budget status, while talking of ‘prudence,’ positions an off-payroll ‘consultation’ as a firmer prospect.

According to people who’ve been in the negotiating room with HM Treasury’s new boss, he’s versatile, open-minded, and not accepting of civil servants' scripts.

Contractor experts try to set aside their concerns, as the ex-chancellor who gave PSCs IR35 reform and next to nothing during covid is coronated Tory leader.

The need to appoint his potential boss could push chancellor Jeremy Hunt’s statement past Halloween.

A take-home pay dent for Liz, but not Jeremy, is one upshot of a very long week in politics.

With the ups and downs on dividends and IR35 over, it’s time for calm financial reflection.

Shambolic decision-making by government on the off-payroll rules in recent years, and months, just sunk to a new nonsensical low.

A PSC profits rate of up to 26.5% is back on the cards, following one chancellor’s political collapse, and his successor raising the stakes on limited companies.