Contractor News

Where 2018/19’s tax year changes don’t champion contractors

The pitter-patter of rain at your window reminds that it’s definitely April, but it’s also the time that contractors rightly wonder if there’s clouds on the horizon from the new shower of tomorrow’s tax changes. But before you even delve into the pitfalls and footholds of the 2018/19 contracting landscape — a landscape which no […]

Posted under General on Tue 3rd April 2018

PSCs, are you ready for £3,000 less in dividend allowance?

  It might date back to an announcement almost three years ago, but a change to dividend taxation will hit PSC contractors – in earnest – from next month, In fact, from 6th April 2018, there are significant changes to the tax-free dividends allowance. These changes will reduce the 2017/18 tax-free rate from £5,000 to £2,000 […]

Posted under General on Tue 20th March 2018

No ‘IR35′ in Spring Statement splits contractors’ advisers

Nearly 12 months on from the IR35 reforms introduced into the public sector, we can now assess much more clearly the impact of the changes on the thousands of contractors affected. That’s vital if we’re to get a good handle on what could be around the corner for the private sector tomorrow. Feelings were running […]

Posted under General on Wed 14th March 2018

Revealed: the third biggest mistake work-seeking contractors make

  Contractors are typically a savvy bunch when it comes to winning work, but in a rapidly evolving market, keeping abreast of change is absolutely crucial to success, writes Matt Craven, founder of The CV & Interview Advisors. We have identified ten common mistakes that contractors make when seeking contract work and this article will […]

Posted under General on Fri 9th March 2018

Where 2018/19’s tax year changes don’t champion contractors

The pitter-patter of rain at your window reminds that it’s definitely April, but it’s also the time that contractors rightly wonder if there’s clouds on the horizon from the new shower of tomorrow’s tax changes. But before you even delve into the pitfalls and footholds of the 2018/19 contracting landscape — a landscape which no […]

Posted under General on Tue 6th March 2018

IR35 reform ‘behind 38% drop in active IT contractors’

A slump in the number of IT contractors on active assignment deepening for the third month in a row has been blamed on the April 2017 changes to IR35. The slump first became acutely visible in November 2017, when the Association of Professional Staffing Companies said its member agencies had 33% fewer IT workers in […]

Posted under I.T/Software on Sun 4th March 2018

Spring Statement 2018: how contractors will fare

Contractors will be hoping that predictions of a non-event come true when the first Spring Statement is published in 13 days’ time – So the government will publish what its calling the inaugural ‘Spring Statement’ on Tuesday March 13th 2018. Just to recap, under changes introduced by chancellor Philip Hammond there is now only one […]

Posted under General on Thu 1st March 2018

City recruiter sees IT contractor pay jump 12%

The upside of a recruiter suffering its highest exodus of contractors for three years due to IR35 changes is that those PSCs who stayed can tap into rates of at least 10% higher. In a newly published report reflecting on 2017, City-focussed Morgan McKinley said that average IT contractor pay increased last year by 12%. […]

Posted under General on Thu 15th February 2018

IR35 Forum: December 2017 meeting at-a-glance

The minutes of a meeting from the IR35 Forum in December 2017 have now been published by HMRC, in early February 2018. The meeting was the first of its kind since the Autumn Budget in November, when the government vowed to consult on reforming IR35 in the private sector. Introduction HMRC started the meeting by reproducing Autumn […]

Posted under General on Thu 8th February 2018

How a new public sector IR35 case affects you

On October 4th 2017, we defended a client in the first IR35 tax tribunal for seven years, and while the verdict is yet to be announced, we believe the client – an IT contractor who worked through his own limited company – had a strong case. As with many other cases in IR35’s history, we […]

Posted under I.T/Software on Thu 1st February 2018