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Lloyds shows limited company contractors the door

Lloyds shows limited company contractors the door

Lloyds Bank is the latest firm to announce that they won’t engage contractors who work through a personal service company. In a long-awaited decision, Lloyds announced that their contractors will now be considered off-payroll workers and cannot work through their own limited companies. Going forward, they’ll be given these three options: Leave the company at

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IR35: Paperwork that could save your skin

IR35: Paperwork that could save your skin

In the event of an IR35 investigation, HMRC will examine the evidence that the contractor is in business on their own account. This will broadly relate to how much supervision, direction and control (SDC) the contractor works under. Even if a contractor’s day-to-day working practices reflect their independent status, they’re often unable to offer any

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More reasons to go into contracting?

More reasons to go into contracting?

The UK’s Trades Union Congress (TUC) is backing the ‘Flex for All’ campaign to extend flexible working rights to everyone. The campaign comes in response to research that shows one in three people who request flexible working are turned down by their employer. Under the current UK, law staff have the right to request flexible

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BBC presenters lose IR35 tax tribunal

BBC presenters lose IR35 tax tribunal

In the latest IR35 tribunal concerning the entertainment industry, the High Court has upheld HMRC’s claim against three BBC news presenters, ordering them to pay back around £300,000 in accumulative bills. Presenters David Eaves, Tim Wilcox and Joanna Gosling were all deemed within the scope of IR35 during a series of contracts with the BBC.

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Boris gives green light to loan charge

Boris gives green light to loan charge review

Boris Johnson has announced a review into the loan charge after being challenged on Prime Minister’s Question Time. Conservative MP for Aberdeen South, Ross Thomson, asked the conservative leader what action the government was taking to address the controversial issue, which has caused thousands of contractors serious distress. The PM came under pressure from campaigners

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National retraining scheme launches in Liverpool

National Retraining Scheme Launches in Liverpool

While technologies like AI and automation are transforming the way we live and bringing huge benefits to our economy, automation also means that some roles will become a thing of the past. Repetitive manual work and administration are at the greatest risk from computerisation, while skilled jobs and those that require human qualities such as

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IR35 victory for TalkSport host

IR35 victory for TalkSport host

Radio presenter Paul Hawksbee has won his IR35 tribunal after challenging a deemed tax bill of £140,000. The case marks yet another defeat for HMRC in their recent pursuit of media presenters such as Lorraine Kelly and Loose Women’s Kaye Adams for retrospective tax bills. Hawksbee has been co-presenting the Hawksbee and Jacobs show for

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Businesses not ready for IR35 reforms

Businesses not ready for IR35 reforms

An independent study has looked into market opinion in the light of the last IR35 consultation, which closed last month. The research attempted to gauge business readiness for next April’s private sector reforms when private sector clients will become responsible for IR35 assessments. With the changes only a few months away, the research revealed deep

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Stand out from the crowd on LinkedIn

Stand out from the crowd on LinkedIn

LinkedIn is a brilliant way for contractors to market themselves to potential recruiters. As one of the most important professional networking sites, over 90% of recruitment agencies use the platform to directly source top talent for their clients. This cuts out some of the legwork for contractors, increasing their chances of finding not only consistent

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What are you worth? LinkedIn tool pinpoints high paying sectors

What are you worth? LinkedIn tool pinpoints high paying sectors

The candidate-driven market continues in 2019, offering contractors a good opportunity to seek out projects that offer the best rewards. When it comes to searching for a new role, earning potential is often one of the main considerations. Although LinkedIn’s recent recruitment study shows that work/life balance and career satisfaction are increasingly important factors, contractors

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