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Spring Statement – Delay in Consultation?

It was no surprise that no announcement would be made in Philip Hammond’s Spring Statement on 13th March regarding further IR35 reform. However, it was widely hoped that the Spring Statement would bring with it the publication of the long...

There’s still time

It’s something that’s easily overlooked but yet is crucial in ensuring that you don’t miss out on fundamental and important tax breaks that can save you tax and leave you with more money in  your pocket – the tax year-end review....

IR35 reform through the eyes of a contractor

Qdos Contractor explores the issues at the heart of IR35 reform with Commercial Consultant and author of The Happy Contractor, Alison Parfitt, who’s optimistic that further changes could be managed. So, Alison, are you currently engage...

What insurance do i need?

Q. I'm a limited company contractor. I'm the sole director and don't employ anybody. If I make a mistake and injure somebody can they claim off me? If so what insurance do i need? A. Broadly speaking the scenario you have described would...

Make sure your CV stands out from the pack

A recent study by the McKinsey Global Institute (MGI) found that 97 per cent of contractors are much happier than their permanently employed counterparts. Here, Jarek Grzeskowiak, delivery lead for leading Microsoft recruitment partner, C...

Contractor Expenses – What can I claim?

Q. I have a simple small Limited company, and I am the sole Director. I take salary to NI Threshold, and the rest in dividends. Could you please advise on the current expenses situation, and what I should be doing regards P11D etc. I am com...

Coping with the drop

Since 6th April 2016, the way dividends are taxed has changed. Prior to that date, dividends would only suffer tax if the individual was a higher rate taxpayer but that changed with the introduction of the dividend allowance. The first...

Communication is key in the run up to potential IR35 reform

In the aftermath of 2017’s public sector IR35 reform, recruitment agencies and organisations paid the price for their lack of communication with the contractors they placed or engaged in the run up to changes. Without any meaningful di...

VAT and Corporation Tax Arrears

Q. I have worked as Limited Company for the past 10 years. My line of work hasn't been very profitable during the past 5 years. My business account is now empty. I have diagnosed with cancer 12 months ago and have received treatment. It is ...

It does not go without saying

Most recently there has been a number of First-tier Tax Tribunal rulings concerning whether directors of limited companies have to register for Self-Assessment and file tax returns regardless of their income tax position. In Kadhem v H...

Employment Status – Do I really need a contract?

Q. I am the sole employee and MD of a Limited Liability VAT registered Company which specialises in sales training and translation. I turn over around £60k a year. I perform associate work for two major training consultancies, have a small...

5 key things to look for in your contract

Particularly in the past few years where IR35 has been at the forefront of contractors’ minds, the importance of a contract review tends to focus on its IR35 implications. It is therefore not surprising that recent research by Qdos Contra...

Is Ackroyd v The BBC the first of many IR35 cases?

The news that former BBC presenter, Christa Ackroyd, lost the first IR35 case for seven years last week will be a cause for concern to contractors who have declared themselves outside this complex tax legislation. The subsequent revelati...