In July 2008 the Treasury launched a new consultation into contractors travel expenses. The focus is on umbrella companies and employment agencies using overarching employment contracts.
Treasury strategy may be announced in the 2008 pre budget report, although most experts are predicting it will be early 2009 before we will understand in detail what form new legislation may take.
Contents:
Background
Treasury opens consultation on contractor expenses
HM Treasury have launched a consultation designed to investigate contractor umbrella companies that abuse travel expenses allowances.
Recent News
Abolishing contractor expenses tax relief anti-competitive, warns IPSE’s Chamberlain
Abolishing tax relief for contractor expenses is anti-competitive and will harm genuine small businesses, warns IPSE’s Andrew Chamberlain.
Others | Monday, 24 August 2015
Treasury attack on umbrella companies not over says contractor accountant
Relief felt by contractors after last week’s Pre-Budget Report may be premature, as contractor accountant JSA Group warns of further Treasury action.
Others | Monday, 1 December 2008
Lawspeed leads AEMC response to Treasury consultation on contractors’ expenses
A response to the Treasury’s consultation on contractors’ travel expenses has been submitted by Lawspeed, representing the AEMC and 14 umbrellas.
Others | Wednesday, 22 October 2008
Contractors’ legitimate travel expenses must be safeguarded, says PCG to Treasury
The Professional Contractors Group is standing up to HM Treasury over the right of umbrella company contractors to continue claiming travel expenses.
Others | Friday, 10 October 2008
Service Providers Association advises Treasury on contractors’ travelling expenses
The Service Providers Association’s response to the Treasury consultation over contractors’ travelling expenses will be submitted within the week.
Others | Wednesday, 8 October 2008
Contracting sector joins forces to defend contractors in treasury consultation
At a meeting hosted by Lawspeed, with the ContractorCalculator team in attendance, companies that support contractors agreed to offer a combined response to the Treasury’s consultation on umbrella company travel expenses.
Others | Friday, 1 August 2008
Capping contractors’ travel expenses benefits no one
Studies conducted by ContractorCalculator show that should the government legislate against contractors claiming expenses, no one would benefit, least of all the Exchequer.
Others | Thursday, 31 July 2008
Contractor industry body moves to mitigate impact of treasury consultation
In the wake of the Treasury’s proposed consultation on contractor’s expenses, umbrella company industry body the Association of Employment Management Companies and Lawspeed announce a meeting to discuss the implications.
Others | Wednesday, 23 July 2008
Treasury opens consultation on contractor expenses
HM Treasury have launched a consultation designed to investigate contractor umbrella companies that abuse travel expenses allowances.
Others | Tuesday, 22 July 2008
Useful Sources
Treasury Consultation document
Document released by the UK Treasury: "Tax Relief for travel expenses: temporary workers and overarching employment contracts"