Contracting News - Latest Updates

Agencies improve profile with contractors
The decline in complaints by contractors about agencies could show that more agencies are improving practice.

For contractors banking does not get easier
Price controls on small business banking accounts have been lifted by the Competition Commission. That means your bank account will probably cost you more in the coming year. And banking is not getting any easier either.

Contractors find recruitment agency reliability in question
A survey shows that contractors are afraid to trust agencies.

Redwood: "we will turn back the clock entirely on IR35 and msc"
In an interview with ContractorCalculator, leading Conservative John Redwood announced a commitment to do away with both IR35 and managed service company legislation.

Tories should scrap IR35
The Economic Competitiveness Policy Group has proposed that the Tories should scrap IR35.

Contractors should choose limited companies if the fit is right
There is pressure in the industry on contractors to choose PAYE umbrellas for their businesses. Barry Roback of JSA shows that those for whom a limited company is a good fit should try one on.

Contractors in construction enjoy sellers' market
Contractors in construction are having a banner year with demand high and the pick of a slew of new projects, according to a report by Davis Langdon.

Contractors see continued demand in financial services despite subprime jitters
Although the subprime credit crisis has rocked the world's financial services industry, it is still standing, and still needs more contractors.

Tory offensive is good for contractors
Whether you vote Labour or Tory, the Tory small business offensive can only bring much-needed attention to contractor issues.

PCG survey shows contractors fear HMRC; call for safeguards
PCG survey shows contractors want improved tax law. PCG is also calling for the Revenue to be held responsible for rogue investigations.

Contractors should welcome 'flexicurity'
The European Confederation of Private Employment Agencies announces approval of the concept of 'flexicurity,' a combination of flexible employment and security which the European Commission is trying to develop.

Contractors should prepare for financial services security checks
Financial services providers, the biggest market for contractors in the UK, are stepping up security checks on contractor CVs. Contractors should be prepared.

Contractor calculator market report - August 2007
Holiday slowdown continues though some areas continue to see important demand.

Contractors could pay 10% more in the treasury’s Arctic Systems attack
The latest Treasury attack on contractors comes in the wake of the Arctic Systems Case and attempts to increase our tax burden.

Contractors who work with spouses need to understand arctic systems
The Arctic Systems case, which the Revenue definitively lost on July 26, does have an effect on how contractors run their companies.

The house of lords has upheld the appeal by Arctic Systems
The House of Lords announced that the appeal by Arctic Systems has been upheld.

No IR35 precedent set for contractors by island consultants case, experts say
The IR35 case lost by Island Consultants before HMRC Special Commissioners last week does not set a precedent that will change the way contractors operate, as experts agree.

PCG helps contractors who choose to be sole traders
PCG Solo is a new product from the Professional Contractors Group which will help sole traders, partnerships and limited liability companies.

Contractors lose Island Consultants Ltd IR35 case to the revenue
Before the HMRC Special Commissioners, the firm Island Consultants Ltd has lost it's case, and the ruling has found them to be within IR35.

Changes in the final MSC draft offer help to contractors
Jonathan Legg of Lawrence Graham explains the importance of the changes made before the final draft of the MSC legislation was established.

Managed service companies - new revenue guidance for contractors
Contractors have a better idea of what the managed service company legislation means for their businesses now that the Revenue has issued guidance about it. But some areas, regarding agencies for example, need more.

PCG calls for contractor tax simplification
The Professional Contractors Group has issued a call for reform of contractor taxation, with particular reference to the problem of self-employment status.

UK’s freelancers condemn “out of touch” meps
PCG has criticised MEPs for a negative attitude towards “non-standard” ways of working.

A new era for contractor taxation?
JSA chief executive Barry Roback believes that the new managed service company legislation, in its final form, may bring important clarification to contractor tax rules.

Contractors find support for lords' critique of contractor tax
After the House of Lords Economic Affairs issued a radical critique of how contractors are taxed, many have declared support for the search for alternatives.

Contractors don't save enough for retirement
Contractors, like the rest of us in the UK, don't save enough for retirement. But when contractors begin to understand the tax breaks offered by pension contributions, they often make up for lost time.

Contractorcalculator exclusive interview: Anne Redston responds to house of lords critique
A director at the Association of Tax Technicians, who helped devise the last Finance Bill, responds to the critique by the House of Lords Economic Affairs Committee, in particular the managed service company section.

Agents should legally protect contractor data - including CVs
Are agencies protecting your personal information? The UK Information Commissioner doesn't think so, and is waging a campaign to see that they make greater efforts.

Careerbuilder.co.uk survey shows contractors in demand in 2007
According to a survey by agency Careerbuilder.co.uk, contractors can expect companies to keep demand up for the rest of 2007.

Contractor calculator market report - July 2007
IT and engineering demand is still being driven by the skills shortage and contractor pay is still on the rise. A Construction lull is soon to be overtaken by the Olympics.UK economy still growing.

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