PCG calls for contractors to support Small Business Saturday
Whether you’re a freelancer or an umbrella company contractor it’s in your best interest to support Small Business Saturday, says one major industry body.
hmrc
Industry trade bodies draw political attention to contractors
If you feel as a contractor there’s no one speaking for you, that could change soon thanks to the efforts of two industry trade bodies.
New Best Practice Charter gains traction among umbrella firms
It hasn’t been long since the new umbrella contractor trade industry body known as All Umbrella Companies Are Equal has launched, but i’s making serious waves.
HMRC get tough on tax fraud; umbrellas offer contractors safe haven
HMRC took on more cases, made more arrests and won more criminal convictions in 2012 than in 2011. With a £900m cash injection, those figures will only rise.
New good practice charter being touted to umbrella companies
A new good practice charter for umbrella companies has been making the rounds recently in the hopes it will help protect workers’ relationships with clients.
Taxman to make pre-screening business record checks by phone
The taxman is still struggling to determine what constitutes adequate paperwork for a business or self-employed individual to comply with the Business Records Checks programme.
Do contractors turn to their iPad for tax advice?
Small business owners and self-employed individuals are increasingly turning to apps when they want accountancy and tax advice.
IR35 Forum members are disappointed with HMRC
Within hours on HMRC publishing its IR35 guidance, members of the IR35 Forum issued a statement saying the document did not take key elements of their advice into consideration.
HMRC publishes IR35 Business Entity Tests
The long awaited IR35 guidance was published on Wednesday. The guidance will enable contractors to determine if their contract is disguised employment or if they really are in business in their own right.
Will it be bonanza time for umbrella companies next week?
Contractors working through limited companies might be tempted to switch to umbrella companies once the full extent of the Revenue’s IR35 assessment criteria becomes known next week.
HMRC prosecutes tax evading IT contractor
IT contractors should be aware that HMRC will track down anybody it believes could be guilty of tax evasion as a Scottish consultant found to his cost recently.
Do umbrella company contractors know the changes to Child Tax Credits?
Contractors with young families may be aware that HMRC has overhauled the tax credit scheme.
Six IR35 scenarios to be published on HMRC website
Umbrella company contractors are no doubt waiting to find out what the government intends to do about IR35.
Are umbrella company contractors waiting with bated breath for the Budget?
It’s Budget Day tomorrow; the weeks of speculation will be over and UK taxpayers, including umbrella company contractors, will discover what is in store for them over the next 12 months.
Will contractors still qualify for child tax credits?
Umbrella company contractors may have been amongst the people who received a misleading letter about child tax credits from HMRC recently.
Will the latest OTS recommendation for IR35 be implemented?
Umbrella company contractors may start to see the results of the Office of Tax Simplification’s work on IR35 as early as April 6th.