UK becomes Europe’s contracting capital, and fastest growing contract market
Contractors based in the UK are at the heart of Europe’s contracting sector, with UK self-employed numbers are growing faster than the rest of Europe.
Contractor availability falls sharply: now could be the time for renewal rate rises
Contractor availability falling at near record rates combined with a sharp upturn in demand suggests now could be the time for renewal rate rises.
ContractorCalculator: Contracting news in brief – 8/Aug/2014
News this week covers: Oziegbe ruling; IHT changes; expenses review; contract growth; DOTAS to expand; oil & gas confidence; and new FinTech measures.
Financial, accounting and IT contractors to see hiring boom
Financial accounting and IT contractors look set to benefit from a hiring boom in the second half of 2014, according to a survey by Robert Half.
Oziegbe vs HMRC appeal victory - no silver bullet for IR35 or false self-employment
The tax tribunal win by Oziegbe over HMRC about control is no ‘silver bullet’ for contractors to use in IR35 or false self-employment cases with HMRC.
ContractorCalculator Market Report August 2014
Contractors are experiencing a period of high levels of demand and rates, and client predictions suggest this is not likely to end any time soon.
HMRC Benchmarking letters – how contractors should deal with them
Contractors may start to receive HMRC Benchmarking letters from its Transparent Benchmarking Team, and should check their tax paperwork just in case.
ContractorCalculator: Contracting news in brief – 1/Aug/2014
News this week covers: IT contracts increase; OTS employment review; Mayor supports 15 for 2015; day rates top £1,500; & HMRC targets loan schemes.
Contractors may see simpler expenses rules from consultation, but not until post-2015
Contractors can anticipate simpler rules on expenses and subsistence following a new Treasury consultation, but changes won’t happen until after 2015.
Contractors may benefit from OTS employment status review, which could affect IR35
Contractors could benefit from the findings of a review of employment status initiated by the Office of Tax Simplification, due out for Budget 2015.
ContractorCalculator: Contracting news in brief – 25/July/2012
News this week covers: BBC employment test revealed; mini off-payroll witch-hunt?; more interims needed; North Sea contracts to slow; and Alba booms.
Contractors learn the big secret of the BBC “employment test”: it’s useless
ContractorCalculator’s long campaign to get the BBC to reveal its employment test has shown the test to be new layer of pointless, costly bureaucracy.
Contracting market in Scotland hits 11.5 year peak: rates up, contract numbers high
Scotland’s market is in rude health, showing surging demand for contractors alongside increasing rates. This mirrors positive signs in the wider UK.
ContractorCalculator: Contracting news in brief – 18/July/2012
News this week covers: contracting now mainstream; finance contracts surge; record high self-employment; new interim guide; and accelerated payments.
Merging Income tax and NI – how would it affect dividends and IR35?
The potential merger of income tax and NICs could increase tax on limited company contractors, but remove IR35, suggests James Abbott of Abbott Moore.
Contractor growth continues, with one in five having been freelancers or contractors
Contracting is increasingly mainstream: A new report from REC shows that 36% of people have already tried temporary work, and 41% would like to.
Interim management contractors offered new guidance on agency selection
Interim management contractors can use a new guide published by the Institute of Interim Management to choose the right agencies to find contracts.
ContractorCalculator: Contracting news in brief – 11/July/2014
News this week covers: fired-up taxman coming after tax evaders; contracts boom in core contracting sectors; North Sea contracting ‘gets political’.
Contractor guide to transitioning into the oil and gas sector
Contractors can change sector, depending on their discipline, skills and experience. Hays Oil & Gas’ Ed Allnutt explains which roles suit oil and gas.
Engineering, construction and IT contractors top demand league tables during June
Engineering, construction and IT contractors topped the contracting demand league tables during June 2014, says the latest REC/KPMG Report on Jobs.
ContractorCalculator: Contracting news in brief – 4/July/2014
News this week covers: PCG’s 15 for 15 competition; NIC income tax merger; CBI/PwC survey; June PMIs; creative sector growth; & tax credits renewals.
Oil and gas contractors continue to benefit from North Sea skills shortages
Oil and gas contractors benefit from sustained demand and rates, as skills shortages plague Aberdeen-based clients, shows new AGCC Oil & Gas Survey.
ContractorCalculator Market Report July 2014
Contractors are enjoying a period of broad-based and sustained demand growth and rate increases, but skills shortages are affecting key markets.
ContractorCalculator: Contracting news in brief – 27/June/2014
News this week covers: fresh IR35 data on HMRC; Contract Review Service; expenses and benefits; Scottish referendum; and interims using social media.
New IR35 data confirms HMRC is wasting taxpayers’ cash
Fresh IR35 data obtained by ContractorCalculator on HMRC’s performance in 2012-13 shows specialist teams are losing money enforcing the tax.
Simplifying expenses and benefits: government wants to know what contractors think
Contractors and services providers are being asked for their views on four new government consultations on simplifying expenses and benefits.
ContractorCalculator: Contracting news in brief – 20/June/2014
News this week covers: Lords’ slam government over PSCs; Finance Bill approved; SMEs hiring contractors; & Scotland’s contract market buoyant.
Contractors to face HMRC judge and jury as Finance Bill is approved by MPs
Contractors using tax avoidance schemes are to face follow-on notices and accelerated payments as MPs approve the Finance Bill with no changes.
IR35 and PSC inquiry - Lords pour scorn on government and HMRC
IR35 and PSCs are “unfinished business”, conclude the Lords during a debate that was highly critical of the government’s response to their inquiry.
Contractor hiring in the SME sector to surge during next quarter
Contractors should look to the SME sector for work over the next quarter, as the UK’s micro-businesses are on a hiring spree, says REC’s JobsOutlook.
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