Umbrella company, recruitment and contractor news.

Request for HMRC to better administer IR35 slammed

Posted by Daniel FrostThe Office of Tax Simplification's (OTS) call for HM Revenue and Customs (HMRC) to administer IR35 more effectively has been criticised.As the tax office is currently strugg...

IR35 'cannot be ignored in Budget'

Posted by Sarah PuttCompany umbrella contractors have been told that it would be "simply not acceptable" if the chancellor declined to comment on the future of IR35 in this week's Budge...

Government 'should support contractors'

Posted by Sarah PuttBookkeeping, bureaucracy and tax concerns in the UK should be addressed by the coalition government, in order to aid company umbrella contractors.This is the view of the Federatio...

Merging income tax and national insurance 'would make matters easier'

Posted by Daniel FrostA call by the Office of Tax Simplification (OTS) to merge national insurance and income tax has received backing by one source, company umbrella contractors may be interested to...

Umbrella company news: Risks of merging income tax and NCIs

Posted by Sarah PuttCompany umbrella contractors have been told that merging income tax and National Insurance Contributions (NCIs) could "make contracting considerably riskier".This is the...

Company umbrella contractors told 'certainty needed over IR35'

Posted by Daniel FrostThere have been calls for umbrella company contractors to receive "some kind of certainty" over IR35.By doing this, people affected by this controversial legislation w...

IR35 reform 'will provide no easy answers' to company umbrella contractors

Posted by Sarah PuttThe body behind a recent IR35 review has told umbrella company contractors that finding a solution to the problems with the legislation will not provide them with any "easy a...

Company umbrella contractors told of possible IR35 strategies

Posted by John CrawleyThe Office of Tax Simplification (OTS) has told contractors who are working with umbrella companies of how IR35 tax rules could be changed.In its interim report on the Small Bus...

IR35 'complex and ill-defined', umbrella company contractors told

Posted by Daniel FrostCompany umbrella contractors have been told that IR35 legislation has been "complex and ill-defined" since it was introduced.This is the view of Gerry McLaughlin, of I...

Those with umbrella companies told 'IR35 is ineffective'

Posted by John CrawleyA new survey has revealed to contractors with an umbrella company that many people see IR35 tax rules as ineffective.Research by the Recruitment & Employment Confederation (...

Umbrella company contractors warned over 'tax phishing'

Posted by Daniel FrostUmbrella company contractors have been told to be on the lookout for suspicious emails which are promising tax rebates.Identity fraud expert Equifax stated that a new spate of p...

PAYE umbrella: Contractors warned about declaring freelance earnings

Posted by John CrawleyContractors have been told that they need to make sure they declare any money they earn in a freelance capacity to the taxman.An expert, replying to a question on ContractorUK.c...

Umbrella company contractors given bookkeeping advice

Posted by Sarah PuttThose without the skills to keep up "meticulous" bookkeeping should seek the help of professionals, an expert has told contractors looking to work with umbrella companie...

Many contractors file tax returns online

Posted by John CrawleyA record number of people have sent their Self Assessment tax returns online in 2011, those with umbrella companies have been told.HM Revenue & Customs (HMRC) has acknowledg...

Tax deadline looms for contractors without umbrella companies

Posted by John CrawleyContractors not working with an umbrella company have been warned they must register to fill in their tax returns online by Friday (January 21st).The deadline for filing self-as...

Umbrella company: One million more people to be given new tax demands

Around one million people are set to receive new tax demands after a new computer system picked up more errors which date back to 2008.Those with an umbrella company were told that this number is in ...

Company umbrella contractors: 'Drop in UK unemployment'

Posted by Sarah PuttContractors with an umbrella company may be intrigued to hear that a drop of 9,000 people has been recorded in unemployment figures for the three months up to September.People on ...

Qualifications 'not as important to contractors'

Posted by John CrawleyMany of those with an umbrella company do not see their qualifications as the main area to secure work.This belief comes from a report recently released by Hiscox, which found t...

Married contractors 'should check against S660A'

Posted by Daniel Frost
Husbands and wives who both carry out contracting work could be vulnerable to S660A taxing, which should serve as a warning to those with an umbrella company who fall into this...

Contractors urged to come forward 'if they have concealed funds'

Posted by John CrawleyContractors with an umbrella company have been warned that they could face scrutiny it they are avoiding paying all the tax that they should be.This is according to Ronnie Ludwi...