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Contracting News - Latest Updates: Page 24

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.

Contractor opportunities continue to grow in Scotland as candidate supply dwindles
Contractor demand in Scotland continued to grow in May 2014, with falling candidate numbers opening opportunities for contractors throughout the UK.

ContractorCalculator: Contracting news in brief – 13/June/2014
News this week covers: record rate increases; Lords’ inquiry brushed aside; HMRC’s poor service; tax policy protection; and new digital VAT rules.

Contractor hopes of IR35 reform dashed as Lords’ inquiry brushed aside by government
Contractor hopes that IR35 might be reformed have been dashed by the government’s response to the House of Lords Select’ Select Committee PSC inquiry.

Contractors stuck with IR35: Government’s response to the Lords’ PSC inquiry
Contractors won’t see IR35 being repealed any time soon, according to the government’s “lacklustre” and “formulaic” response to the Lords’ inquiry.

IR35 case files: contractor’s review closed quickly due to early expert intervention
Contractors’ HMRC IR35 reviews can be shut down quickly with early intervention from an expert professional adviser, explains Andy Vessey of Qdos.

Contractor rates growth reaches an 89-month high, as vacancies and billings increase
Contracting rates increased during May 2014 at a pace not seen since December 2007, as vacancies & billings also grew sharply, says the REC/KPMG ROJ.

ContractorCalculator: Contracting news in brief – 6/June/2014
News this week covers: IR35 Review; DOTAS campaign; Queen’s Speech; Markit/CIPs PMIs; IT skills shortages; hardest jobs to fill; and tax credits.

Contractor-friendly Queen’s Speech shows importance of flexible workforce, says PCG
A Queen’s Speech with a raft of relatively contractor-friendly measures demonstrates the growing importance of the UK’s flexible workforce, says PCG.

Contractors see IR35 review progress, but key guidance is delayed, reports IR35 Forum
Contractors are told that HMRC’s latest review of IR35’s administration is well underway, but the publication of the latest guidance has been delayed.

ContractorCalculator Market Report June 2014
Contractors are experiencing sharply increased rates as UK clients experience increasing difficulty in finding candidates with the skills they need.

DOTAS: Contractors urged to prepare for campaign to oppose anti-avoidance legislation
Contractors are being urged to educate themselves about proposed anti-avoidance legislation and to prepare for a campaign to oppose the new laws.

ContractorCalculator: Contracting news in brief – 30/May/2014
News this week covers: NHS contractor witch hunt; CJEU ruling; digital skills for IT contractors; oil & gas prospects; & False Self-Employment bites.

IT contractors must focus on skills to drive revenue growth, rather than cost savings
IT contractors looking for the next growth area should focus on acquiring digital skills that generate revenues, says the 16th Harvey Nash CIO Survey.

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