"Starting Out Contracting" - downloadable guide for new Contractors

“Starting Out Contracting” – downloadable guide for new Contractors

There's nothing we like more than seeing more people start contracting, and to that end we've produced a downloadable guide.
IR35: Direction & Control

IR35: Direction & Control

IR35 is a sticky piece of legislation originally introduced under the Labour Government in 1999. Fully titled “IR35: Countering Avoidance in the Provision of Personal Services”, the purpose of the measure is to eradicate the practise of an individual providing services to a company as a Contractor, when in fact they...
Guide to Ensuring Prompt Payment

Guide to Ensuring Prompt Payment

Probably the most important role of any Contractor is that of a successful Debt Collector.  This part of Contract work often falls into the same category as tax returns and sorting out insurance and wallows at the bottom of to-do lists, so follow our fail-safe guide and make your life as easy...
IR35: Other determining factors

IR35: Other determining factors

We've already covered the three key determining factors used by experts when investigating a contractor's IR35 status (Mutuality of Obligation, Substitution and "The What, Where, When and How Tests"), however there are some other factors that can be used to make a decision. While usually not as important as the...
IR35: The What, Where, When and How tests

IR35: The What, Where, When and How tests

What, Where, When and How Tests are ostensibly simple tests used by HMRC to determine if a contractor's employment status falls within the realms of the IR35 legislation. In the case of a regular employee, an employer would give instructions on what to do (the piece of work to be...
IR35: What is "Substitution"?

IR35: What is “Substitution”?

Substitution is one of the three main indicators of IR35 status used by HMRC to determine a contractor's employment status. In the case of a regular employee, the employee themself must complete all the work given to them by their employer - they cannot delegate the work to a third...
IR35: What is "Mutuality of Obligation"?

IR35: What is “Mutuality of Obligation”?

Mutuality of Obligation refers to the relationship between a contractor and his/her client. In the case of a regular employee, an employer is required to ensure the employee has work to carry out at all times. This is their obligation to their employee. In turn, the employee is required to...
Latest entries
Compliance costs for contractors and SMEs still rising

Compliance costs for contractors and SMEs still rising

Compliance costs are going up, according to new research from the Forum of Private Business, contrary to coalition promises that they would cut both time and money on this front.
Regulations for contractors set to be reduced?

Regulations for contractors set to be reduced?

As Business Minister, Michael Fallon’s been charged with getting British business burgeoning again and to that end, he’s been trying to look busy.
Nation's youth catches the contracting bug

Nation’s youth catches the contracting bug

Read sections of the press, and you could be forgiven for thinking that the nation's youngsters are all ne’er-do-wells; feral miscreants crippling the country in a multitude of manners. Whilst that’s true with respect to the cast of TOWIE, thankfully it’s not the case across the board, as new stats have illustrated the increasing entrepreneurialism...
Spurned freelancer dishes out cyber justice

Spurned freelancer dishes out cyber justice

One unpaid invoice too far has pushed a freelancer over the edge! Web Designer Frank Jonen dished out some cyber justice by hijacking a client’s website in a dispute over pay.
HMRC changing phone numbers this summer

HMRC changing phone numbers this summer

Fresh from a peeved Public Accounts Committee grilling, HMRC are set to make changes to their much-maligned telephone lines, replacing all 0845 numbers with the 03 prefix by this summer.
Can Britain handle "two budgets"?

Can Britain handle “two budgets”?

Yet more flak for our beleaguered Chancellor George Osborne, this time around colleagues in the Treasury Committee are voicing concerns over his budget policy and urging him to re-establish a single annual budget in March.
HMRC sending out 'amnesty' letters

HMRC sending out ‘amnesty’ letters

In the continuing drive from HMRC to tackle tax evasion, the taxman has announced a 'tax amnesty' aimed at people who have been trying to bend the system. Letters are being sent out to inform everyone, be you a lone contractor or a huge company employing thousands.
Umbrellas face call for investigation from MP

Umbrellas face call for investigation from MP

The ongoing political hot potato of umbrella company tax avoidance still shows little sign of cooling, with Labour MP John Cryer having secured a Westminster Hall debate on the regulation of payroll companies.
Contractors use Christmas lull to complete Self Assessments

Contractors use Christmas lull to complete Self Assessments

Christmas Day registered a 40% surge in Self Assessment filings, according to HMRC, with 1,548 people completing their tax returns online on December 25th. For burgeoning numbers of freelancers and contractors then, form filling appears to be taking precedence over spending time with friends and family at Christmas, either reflecting a workforce of scrooges or...
Older contractors bolstering national self-employed numbers

Older contractors bolstering national self-employed numbers

Times of economic strife are usually said to spur on the young to make their own way in the world. Some of the best ideas come from destitute young'uns trying to survive off of rainwater and pocket lint. This is why it has come as a bit of a surprise that a recent Financial Times...
"Biggest change to payroll since 1944", RTI, coming this April

“Biggest change to payroll since 1944″, RTI, coming this April

Contractors operating their own limited company have some big changes in store this April, when Real Time Information (RTI for short) comes into force.
Trust in banks falls to new low as contractors turn to accountants for advice

Trust in banks falls to new low as contractors turn to accountants for advice

Banks haven’t exactly had the best press over the last few years, what with fraud, banker bonuses and a general cockiness that has managed to rile up the public to no end. Let’s be honest, bankers weren't exactly our favourite people to begin with, but their excesses and shortcomings have exacerbated people’s inclination to throw...