News articles
IT contractor jobs
- Fresh Post January 4 Huge Increases in Travel Costs for Commuters
- Fresh Post November 29 Prime Minister Praises Thriving Freelance Industry
- Fresh Post November 14 Good News for IT Contractors
- Fresh Post April 5 Are engineering, construction contractors job prospects improving?
IT contractor tax
- Fresh Post March 2 HMRC Increase Working From Home Allowance
- Fresh Post February 28 Barclays ordered to repay £500 million in tax
- Fresh Post February 16 Civil Servants' Salaries Paid Direct to Ltd Companies.
- Fresh Post February 10 Contractor Accountant Darren Upton Jailed for Six Years
Contractor Technology
- Fresh Post April 5 Contracting news: Broadband now 'vital'
- Fresh Post April 5 Broadband cost reductions 'will not be felt immediately'
- Fresh Post April 5 Govt renewed commitment to cyber security welcomed
- Fresh Post April 4 Cybercrime risk may be underestimated
Contractor vetting
- Fresh Post October 19 Security Clearance Discrimination
- Fresh Post March 16 Health and safety should still be 'top priority' for contractors
- Fresh Post September 13 IT contractors 'not making the most of their skills'
- Fresh Post September 10 IT suppliers meet with gov't to discuss cuts
IR35
- Fresh Post February 16 Civil Servants' Salaries Paid Direct to Ltd Companies.
- Fresh Post September 26 Dramatic decrease in IR35 Reviews
- Fresh Post March 29 IR35 announcement 'unsurprising'
- Fresh Post March 28 MacIntyre Hudson slams govt's IR35 position
IT contractors 'should avoid HMRC contract reviews'
IT contractors should only ask for a contract review from HMRC when all other avenues of advice have been exhausted.
This is the view of information site Contractor Calculator, which claims that requesting such a review can leave an IT contractor exposed to further action from the taxman should it be found to be within the remit of IR35.
Getting HMRC to review the contract involves submitting a substantial amount of additional 'relevant' information, which can make the process arduous.
In addition, any IT contractors who dispute the HMRC's IR35 decision may find themselves in a lengthy appeals process that can take years.
"It is recommended that contractors should only request a contract review from HMRC under very specific circumstances and only when an independent IR35 and employment law expert has already reviewed their circumstances," the website states.
In their Programme for Government, the coalition party committed to replacing IR35 with a simpler system, but not timeframe has as yet been set for this new procedure to be finalised.
This is the view of information site Contractor Calculator, which claims that requesting such a review can leave an IT contractor exposed to further action from the taxman should it be found to be within the remit of IR35.
Getting HMRC to review the contract involves submitting a substantial amount of additional 'relevant' information, which can make the process arduous.
In addition, any IT contractors who dispute the HMRC's IR35 decision may find themselves in a lengthy appeals process that can take years.
"It is recommended that contractors should only request a contract review from HMRC under very specific circumstances and only when an independent IR35 and employment law expert has already reviewed their circumstances," the website states.
In their Programme for Government, the coalition party committed to replacing IR35 with a simpler system, but not timeframe has as yet been set for this new procedure to be finalised.
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