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Latest Contractor News

HMRC Is Upping Its VAT Inspections, Warns Abbey Tax Advisory

When it comes to VAT, most contractors are just trying to do the right thing. To pay the right amount, no matter how often the rules change or how much the rates rise. Well, keep doing what you’re doing. Because the HMRC has recently become “very active” in enforcing its VAT rules, says advisory firm

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ir35 survey results

Contractors Walk Away From IR35

Earlier this month, Contractor Calculator published their findings from a survey of over 1,500 contractors looking into the impact of recent legislation changes. The results show that the HMRC’s reforms to IR35 in April have, not surprisingly, come at a huge cost to the already struggling public sector.   Since the reform went live, 27%

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Boost For IT Contractors

Research Offers Boost For IT Contractors

Two recent news stories highlight the growing importance of IT contractors and the increasing number of opportunities the market offers them.   Research conducted by SJD Accountancy and reported in Computing magazine has shown that the number of IT contractors has grown almost twice as fast as the number of full-time employees in the sector.

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challenging reforms to IR35

We Must Keep Challenging Reforms to IR35

Some 88% of contractors don’t believe public sector bodies or recruitment agencies can make accurate decisions on their IR35 status without their input, according to new research from the contractor insurance company Qdos Contractor.   Given that recent reforms to IR35 mean responsibility for determining IR35 status has been shifted from the individual contractor to

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Contractors want fairer tax system

Vast Majority Of Contractors Want Fairer Tax System

The majority of contractors believe the government should engage with them better and build a fairer tax system, according to new research from the contractor insurance company Qdos Contractor.   Some 63% of contractors and freelancers surveyed said they believe the government should prioritise building a fair tax system that works for contractors and not

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Contractors: Are You Considering A Move Back To Permanent?

Contractors: Are You Considering A Move Back To Permanent?

As we mentioned in a recent blog, a third of contractors surveyed said they would move back to permanent employment if the recent IR35 reforms were extended to the private sector.   All ways of working have their downsides and on top of poorly conceived legislation, some contractors worry about unpredictable workflow and income. However,

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IR35 Reforms are number 1 concern

IR35 Reform Tops List Of Contractor Concerns

Recent research has found that contractors’ main work worry is the possibility of the recent reforms to IR35 regulation being extended to the private sector.   The study, conducted by the contractor insurance company Qdos Contractor, found 48% of contractors consider the prospect of IR35 reforms being applied to the private sector their main concern,

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Verdict on Taylor Review of Modern Working Practices

IPSE Delivers Verdict On the Taylor Review

Last month marked the publication of ‘Good Work: The Taylor Review of Modern Working Practices’. This analysed the challenges facing the UK’s labour market and set out seven principles to address these, in the hope of providing ‘good work for all’.   Now Chris Bryce, chief executive of the Association of Independent Professionals and the

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Google’s new initiative on changing nature of work

Google’s New Initiative Should Include Contractors, Urges IPSE

Google’s philanthropic arm, Google.org, recently announced a £38.3m initiative “to help people prepare for the changing nature of work.”   In a blog post, the tech giant explained that it will support nonprofits and other organisations that “train people with the skills they need, connect job-seekers with positions that match their skills and talents, and

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RT @ContractorCalc:#HMRC moving one step closer to rolling out #IR35 reforms to the private sector. https://t.co/RZ5hhhiT47 
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Major consequences for #publicsector after the #IR35 reforms. Could the private sector be next? Read more here: https://t.co/HQk84I9JqN 
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One fifth of contractors have now ruled out working in the #publicsector! Read more from the #IR35 survey results: https://t.co/d7UpCbcR9J