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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...

Not all mistakes are costly

To err is human and mistakes are easily made by taxpayers completing their Self-Assessment tax returns. None of us are perfect after all. Where such a mistake leads to an individual paying more tax than was necessary and discovers their e...

Blanket IR35 determinations: when will HMRC learn?

New Qdos Contractor research indicates that 38% of contractors have been subject to blanket determinations placing them inside IR35 in the public sector. These decisions, made by the engager, result in all contractors working in a particula...

Why Properly Formatting an Invoice is Important

As an independent contract, you’ll need to file an invoice for the work completed at the end of the month. Creating an invoice may seem like a time-consuming and dull task yet getting it right could be the difference between receiving pay...

TAAR for that

Following recent discussions between the Chartered Institute of Taxation and HMRC, the Revenue have now updated their guidance on the Company Distributions Targeted Anti-Avoidance Rule (TAAR) within the Company Taxation Manual (CTM). T...

Am I in breach of contract?

Q. My company provide design engineering services to a large automotive supplier company. The new manager, previously a person providing the same service to the same company is insisting on me working 0830-1700 Mon-Thu and 0830-1300 Fri. Pl...