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Contracting News - Latest Updates: Page 57

Contractors can judge umbrellas on comparison site
On the umbrellasupermarket web site, contractors can find ways to compare the service companies and choose which one is right for them.

Contractor doctor keeps solving problems
Our Contractor Doctor has had a great month of problem-solving for you. Don't hesitate to use this free service from Contractor Calculator.

Contractor demand for limited companies is stable with more confidence
Demand for limited companies has stabilised since the dramatic increase due to managed service company legislation, contractors who start these companies are more confident, according to company-formation specialist Duport

How contractors want taxes simplified
All of us contractors would like to see a tax system that is simple and clear, but we haven't got one. Even the experts agree on that. How can we improve it?

Contractors get bonanza at olympic games
Britain will spend about £10 billion on the 2012 Olympics, and much of it will go to contractors.

Contractors still happy with umbrella companies
The umbrella company is surviving the many legislative changes we've seen in the past few years. Communication seems to be the key.

Contractor Calculator market report - November 2007
IT was stable last month, but construction and engineering took off despite questions about economic growth.

Contractors want to know whom they work for
The issues in James v. Greenwich will decide this and their determination is already changing the way IR35 claims are handled.

Contractors see no slowdown in the city
A number of compliance measures, along with the skills shortage, has meant that there has been no slowdown in demand for contractors in financial services.

Contractor battle with revenue offers hope
An Appeals Court Win for construction contractor Neil Martin brings hope to all of us who may suffer unfairly from the way the Revenue deals with us.

Contractors risk falling into dodgy schemes under new law
The plan to audit service providers will mean that new contractors get good advice and avoid traps

Contractors are helping abused children in new charity effort
A contractor has started a new charity effort to raise money for the NSPCC. Won't you join in and give an hour's fee?

Contractors can get redress from revenue attacks
We all risk attacks from the Revenue which is being pushed by the Treasury to seek out contractors. But you can get compensation if you go to court.

Do contractors have to fire their wives or husbands?
With the proposals made by the Treasury in revenge for Arctic Systems, contractors could have to fire their wives or husbands as employing them might no longer make sense.

Contractors have a new kind of company to use
You can share a limited company with other contractors and then work for it as self-employed. The Revenue has stated that, for the time being, these companies are not MSCs.

Contractors need not fear slowdown in the city
The slowdown in the financial world doesn't appear to be impacting contractors. The City is still the biggest and best market for contractors in the UK.

Contractors find VAT registration issue resolved
Contractors can do VAT-only invoices for all jobs undertaken while they've been waiting for VAT registration.

Contractors with limited companies see new rules for recruitment
Contractors who have their own limited companies already set up before they contact recruitment agencies will not expose the agencies to any risk in terms of tax debt transfer.

Audit scheme planned for contractor providers
The Revenue expects to provide guidelines that will lead to the creation of an audit scheme for contractor service providers. Which means that you will once again be able to ask your agent about who should do your taxes.

Contractors may get payback when the revenue acts wrongly
The Law Commission is seeking to impose 'duty of care' on the Revenue.

Contractors face unworkable proposals on income splitting
A series of experts wonders if income splitting is possible in practice.

Contractorcalculator exclusive: income shifting proposals: plan to revenge Arctic Systems
The Government's plan to attack 'income shifting' is probably not yet formalised. The attack will be swift, but not very sure.

Pre budget report: contractors dividend income under threat
In the wake of the loss of the Arctic Systems case, the Government is planning to change the ways in which contractors share dividend income. The Pre Budget Report warns of a consultation.

Contractors may keep the advance if wrongfully terminated
When a client or agency wrongfully terminates your contract, you can keep the advance even if the work hasn't started.

Contractors could benefit from provider audit scheme, JSA says
An audit scheme for contractor service providers that would declare them free of the taint of managed service company status could help the entire industry, Barry Roback of JSA says.

Contractor calculator market report - October 2007
Demand remains steady in the market despite subprime crisis.

PCG and work foundation team up to make the case for contractors
PCG and the Work Foundation are working together at the political party conferences to make the case for contractors.

The government takes a stand on contractors
Good news for contractors: the Government will not insist that contractors be treated as permanent employees, and the Government will crack down on rogue agencies.

Contractors should lock in low mortgage rates as soon as possible
With lenders like Northern Rock clearly in trouble, contractors should move fast to grab good mortgage deals without delay.

Providers for contractor companies may face audits, but not accreditation
HMRC is mooting schemes to accredit or audit service providers to contractor companies to ensure that they are not managed service companies. But there is no commitment to such a scheme, and consideration is just starting.

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