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Contracting News

Expert accountant reassures that the traditional way to pay HMRC will always likely remain, albeit with disincentives.

A good initiative? Or a glorified payroll calculator? Fluctuating pay is the real issue that needs attention, or at least acknowledgement.

Stopping the taxman in his tracks as he took on an end-user with 300+ contractors went like this.

At odds with what it originally said, the hacked outsourcing giant says customer, colleague and supplier date got ‘exfiltrated.’

The contractor industry can largely get behind a set-off mechanism from April 6th 2024 -- even if it smacks of the government's whack-a-mole approach.

Even if more PSCs due to appear in the dock doesn’t worry you, still review CJRS claims if you took salary with dividends.

With none of the normal delay between government intention and government action, it’s good to see officials moving forward on rolled-up holiday pay.

A cautious contractor sector welcomes a new consultation on giving workers their holiday pay regularly and upfront.

The former FCSA umbrella company regrets ‘oversights’ but is ‘delighted’ at what it says is vindication over ‘deliberate wrongdoing’.

With the loan charge year about to run out, this DA season hit contractors harder than usual. And then there’s the kicker -- a tax on PAYE tax.

Nervy employers ‘hedging their bets’ are boosting IT contractors, despite a few software issues.

A ruling in Italy is yet to make waves in the UK, where working with AI is still the prevailing wisdom.

Less of a nuisance to browse online and make websites comply sounds good, despite UK-EU ‘clear water’ concerns. And a sanction rocketing by 3500%.

Fake limited company workers ‘in cahoots’ with hoax clients are preying on the practice of agencies paying PSCs thousands in advance.

Ghost contractors and clients have haunted our sector for years, but they’re still easily defeated by the old adage ‘If it seems too good to be true…’

Extreme caution advised, as two schemes with an Option Grant Agreement are characterised as no option unless you like a large tax bill.

Charting the rise in non-compliant umbrella companies out to get contractors -- and how to ensure it’s them, not you, who fall.

Fortunately for my tech career, and probably yours too, looks can be deceiving.

Offset is hopefully on its off-payroll agenda, but the government’s fear of upheaving the labour market (again) will likely preclude fundamental, necessary change.

Alarm raised that no longer being on the taxman’s ‘blacklist’ will be a marketing opportunity too good for copycats to pass up.

A judgment from 2008 which acts as a selling point to use recruitment agency contractors is under threat.

A batch of brollies targeting agencies and workers with freebies are ‘likely engaged in the dubious or downright illegal.'

A near plateauing in IT contractor billings coincides with APSCo, REC, Indeed, and KMPG all pointing the finger at Spring Budget.

Help is at hand to make the most out of your annual pension allowance increasing to £60,000.

Workers who jumped into a provider’s partnerships to ‘beat IR35 reform’ could face a Chapter 9 liability from HMRC.

Pay premiums can be unlocked for IT contractors who realise the following actions are key.

Corporation tax hiked since Saturday; dividends stinging from Thursday. Just as many have no choice but to, PSCs are being made to feel some of the pinch.

Even on the day regulation finally emerges, we’ll still need collective action to win this war.

The FTT finding in favour of the Match of the Day presenter will expose a possibly unrecognised IR35 risk for other partnerships.

Entries have now been sorted, scrutinised and judged by the panel to create impressive shortlists.

A clarification, of sorts, from a former tax inspector invited to make a correction, of sorts.

Margaret Beels’ four themes are a solid start but it’s enforcement, enforcement, enforcement we need.

Even the Treasury would be advantaged by something that would benefit brollies, clients, and contractors -- the Single Enforcement Body.

His budget wasn’t the time or place, but putting an end to HMRC’s scandalous loan charge must be the job of Jeremy Hunt -- or his successor, in this or the next government.

New figures indicating the off-payroll figures will rake in £6billion from an invariably over the moon HMRC are damning.

Suspiciously timed, a 12-months-old report on the Single Enforcement Body surfaces to say the SEB will hopefully be established soon.

The can’t-pays, won’t-pays and dodgy brolly directors who went straight -- all on the chancellor’s new list of HMRC targets.

Chancellor Hunt’s pension boost set to propel fifty-somethings back into contracting, even on brolly roles caught by the off-payroll rules.

No IR35 mention, no SEB and no corporation tax U-turn means contractors must cling to pensions changes, R&D credits and energy bill help as the few positives from the chancellor.

Jeremy Hunt delivers his ‘Growth’ Budget, but offers very few pluses or minuses to contractors' tax and finances.