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Contracting News - Latest Updates: Page 18

Contractor demand sustained long-term, as skills shortages linked to education
Contractors could be set to cash in for the long-term as a CBI report traces current skills shortages back to higher education and apprenticeships.

Family businesses hit hardest by new Dividend Tax change
Husband and wife/civil partnerships are to be hardest hit by Dividend Tax change introduced in the Summer Budget resulting in higher tax bills.

Contractors to gain access to tailored training and education through IPSE
Contracting will have access to dedicated training and education resources, explains IPSE’s new education and training manager Lydia Wakefield.

Dividend Tax rules change 2016 – new calculator published
Contractors and business owners can calculate the impact of the new Dividend Tax rules change introduced by the Chancellor in the Summer Budget 2015.

ContractorCalculator: Contracting news in brief – 10/Jul/2015
News this week covers: Summer Budget attacks contractors; pensions advice; skills shortages increase; and growth in contractor recruitment sector.

Contractor dividends, expenses and IR35 targeted by Chancellor’s Summer Budget
Contractor dividends, expenses, IR35 and buy-to-let mortgage tax relief have been targeted by Chancellor George Osborne in his Summer Budget 2015.

Contractors & small business owners to pay 7.5% more tax on dividends from April 2016
Contractors and small business owners to pay extra 7.5% tax following dividend tax reforms, works out at £2,400 more a year for basic rate payers.

IR35 “effectiveness” review by HMRC announced by Chancellor in Summer Budget
IR35 is to be reviewed by HMRC and measures introduced to improve its effectiveness, announces the Chancellor in the Summer Budget.

Contractors benefit as skill shortages persist in core sectors, such as engineering
Engineering contractors and contingent workers in all core disciplines have everything to gain as fears over talent shortages reach critical mass.

ContractorCalculator Market Report July 2015
Contractors are enjoying a contract rich market, as contractor demand continues to outweigh availability, driven by rising client skills shortages.

Contractors taking pension cash risk poverty in retirement and should seek advice
Contractors accessing cash via pension reforms may threaten their retirement income & should take advice first, says Contractor Wealth’s Angela James.

ContractorCalculator: Contracting news in brief – 3/July/2015
News this week covers: financial & professional services growth; Europe recovers; online visibility needed; contracting recognised & new trade body.

Contractor challenges to be focus of new government review, announces Prime Minister
Contracting’s benefits and challenges will be the focus of an independent review by entrepreneur Julie Deane, announces Prime Minister David Cameron.

Contractors to gain greater representation through new service providers’ body, PRISM
Contractors to gain greater recognition through new trade association PRISM that will promote the sector and lobby for contracting services providers.

IR35 is highly complex and expensive for contractors: that’s official, says the OTS
IR35 is one of the most complex taxes for small firms and is expensive to implement, shows the Office of Tax Simplification’s tax complexity index.

Contracting offers challenges that employment can’t, highlights senior HR interim
Contracting can offer professional challenges and opportunities that employment can’t, believes interim human resources and change expert Abi Brewin.

ContractorCalculator: Contracting news in brief – 26/June/2015
News this week covers: MP to simplify IR35; strategic skills needed; buy-to-let is worth it; Singapore opportunities; & Irish drilling set to start.

Contractors increasingly targeted by clients keen to access their strategic skills
Contractors are being targeted by clients who are throwing resources, including higher pay, at attracting workers with key strategic skills.

Self-employment ambassador promises to tackle ‘unnecessarily complicated’ IR35
Contractor and self-employment ambassador David Morris MP announces his intention to tackle IR35 as part of his continuing role representing freelancers.

ContractorCalculator: Contracting news in brief – 19/June/2015
News this week covers: contractors vital to UK economy; post-election boom; Irish job market up 40%; and big banks lose out to fintech and start-ups.

Contractors a driver of the UK’s economy and vital part of the workforce, says RSA
Contractors were fundamental to the economic recovery post-2008 and are now an essential part of a successful UK economy, shows a new RSA report.

Contract market in Scotland at two speeds, as oil and gas lags finance and gaming
Scotland’s contract market is diverging into two speeds, with the oil and gas sector increasingly lagging behind financial services and video gaming.

ContractorCalculator: Contracting news in brief – 12/June/2015
News this week covers: contract-rich market; financial sector demand blip; oil & gas prospects may improve; and HMRC’s Loan Schemes deadline.

Oil and gas contractors targeting the North Sea should hold their nerve, says AGCC
Oil and gas contractors focusing on North Sea contracts should hold their nerve through the current downturn, says the AGCC’s Oil and Gas Survey.

Contractor availability reaches seven-month low, providing a contract-rich market
Contract opportunities in the core contracting disciplines continue to grow as contractor availability falls to a seven-month low.

ContractorCalculator: Contracting news in brief – 5/June/2015
News this week covers: IPSE awards; tax return amnesty; engineering and finance shortage; short-term contracting growth, and simplified tax system.

ContractorCalculator Market Report June 2015
Contractors with skills in digital, IT & computing and engineering are in increasing demand as clients’ talent shortages worsen.

ContractorCalculator: Contracting news in brief – 29/May/2015
News this week covers: Queen’s speech lends hope; global skills gap; top roles for contractors; retail at 27-year high & umbrella company shares all.

Contractors unclear on pensions reforms, potentially threatening retirement plans
Contractors remain unclear on how retirement plans can benefit from pensions reforms introduced in April 2015, warns Contractor Wealth’s Angela James.

ContractorCalculator: Contracting news in brief – 22/May/2015
News this week covers: London’s financial sector; digital skills in demand; Scotland’s market recovers; oil & gas investment; & late payments plans.

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