Search Magnifying Glass

Providing labour or a service?

The Chartered Institute of Taxation (CIOT) have written to HMRC in respect of the department’s guidance re the Employment Intermediaries Reporting Rules (EIRR) and Agency Worker legislation (s.44, ITEPA 2003), in particular whether or n...

Contractor insurance for less than 12 months?

Q. I'd like not to have to be locked into an annual contract for my business insurance (limited company, working in financial services). Can you recommend any suppliers who offer a rolling monthly contract? A. We aren’t aware of any p...

Lights, camera, (IR35) action

Earlier this year we saw former BBC Look North presenter, Christa Ackroyd, lose her IR35 appeal at the First-tier Tax Tribunal, although she is to carry on the fight. At the same time, it was also understood that there were numerous other...

Prepare now for MTD

Despite Making Tax Digital (MTD) for VAT being only six months away, research carried out by the ICAEW (Institute of Chartered Accountants in England and Wales) last month revealed that over 40% of affected businesses are still unaware of...

HMRC Exposed

As the creators of IR35, in theory, HMRC shouldn’t make mistakes when it comes to understanding or policing the rules around tax status and employment status. And yet, earlier this week, it happened again - the taxman was left red-faced...

What travel expenses can I claim?

Q. As a contractor working in London, but living 4 hours away I often work from my home office and then travel down to London staying overnight for say 2 nights per week. I therefore incur expenses for fuel, train, hotel and subsistence, wh...

Employment intermediary escapes late filing penalty

For over three years now, employment intermediaries such as agencies, employment businesses etc, have had to file returns detailing those whom the intermediary believes it has a legitimate reason for engaging workers on a self-employed ba...

Chaos over employment status looms

It was reported in The Guardian that, in July, Britain had the biggest budget surplus since 2000, and more income was apparently received in tax than was spent by the Government on public services. The changes to IR35 in the sector could ...

HMRC caught offside over referees

HMRC has lost another employment status case at the First-tier Tax Tribunal, this time involving football officials. The Revenue had raised tax and NIC assessments on the Professional Game Match Officials Ltd (PGMOL) totalling nearly ...

IR35 – Pressure mounts on Government

The growing threat of working inside IR35 is the number one concern for contractors, and yet calls for the Government to introduce employment rights for individuals who are ‘employed for tax purposes’ continue to go unheard. ...

How to love your boss when you work for yourself!

There’s a misconception that being your own boss is all sunshine and rainbows, that self-employed people sail through the days without having a superior to report to. It’s true that when you work for yourself you don’t have to deal wi...

Spotlight on Umbrella Schemes

HMRC are warning contractors that signing up to umbrella companies that promise to increase take home pay by anything ranging from 80–95%, is just storing up trouble later down the line. In HMRC Spotlight 45, the department explain t...

Contractors Urge HMRC

Contractors do not think further IR35 changes are necessary - nor does the vast majority of UK business for that matter. It’s not difficult to see why. Public sector reform has wrongly forced thousands of contractors inside IR35, and al...

Negotiating Contract Rates

There’s a lot of advice available for Contractors on how to negotiate contract rates, but Matt Craven of The CV & Interview Advisors gives a unique take on this important topic. Negotiating anything typically boils down to one comm...

How contractors can build a direct client portfolio

Building a direct client portfolio is the key challenge for any contractor who wants to contract direct and create a sustainable contracting lifestyle independent of agencies and intermediaries. Creating a portfolio of clients who use your ...

Negotiating Better Contract Rates

Free Contractor Weekly online workshop on how to optimise your LinkedIn profile and make sure it dovetails with your CV. You know that LinkedIn is the definitive pond that recruiters fish for talent! You know that 85% of Hiring Manager...