Further Contract Eye Updates
In a highly competitive market, a new entrant has come up with an innovative selling point - a free umbrella company service for contractors.
(Feb 2, 2010 in News )
Following yesterday's High Court ruling that HMRC could apply taxes retrospectively in a 'BN66' offshore tax case, the PCG has expressed concern that the judgement could be seen as opening the door to retrospection elsewhere within the tax system.
(Jan 29, 2010 in News )
Hundreds of contractors who have used offshore tax schemes could now be liable for millions in unpaid taxes, after the High Court ruled that HMRC could legally close a tax avoidance loophole retrospectively.
(Jan 28, 2010 in News )
The decline in the market for interim management skills appears to be over, according to a recent snapshot of 11,000 interim mangers.
(Jan 27, 2010 in Market Reports )
Contractors looking to cover themselves and any dependants for specialist and hospital treatment costs may be interested in find out more about private medical insurance (PMI).
(Jan 26, 2010 in Contractor Insurance )
HMRC have asked self assessment taxpayers to ensure that they pay their liabilities into the correct bank account, or face having their payments returned.
(Jan 25, 2010 in News )
The Service Providers Association has called on the government to better differentiate between the constituent populations of the professional freelance workforce in its application of the AWD legislation.
(Jan 25, 2010 in Agency Workers Regulations )
The number of online jobs advertised has plummeted to levels not seen since January 2004, according to an index which monitors the number or roles advertised by many of the leading job sites on the web.
(Jan 20, 2010 in News )
Contractors should be careful what they post information on social networking sites as most employers now research potential candidates online.
(Jan 13, 2010 in News )
HMRC has reminded taxpayers that they need to complete their annual self assessment tax returns online by 31st of January, to avoid paying a penalty.
(Jan 12, 2010 in Tax )
The Service Providers Association, which represents some of the UK's leading umbrella and accountancy firms, has appointed a new chairman.
(Jan 8, 2010 in News )
Alongside the return to the old rates of VAT from 1st January, most contractors will also have to get used to filing their returns online from 1st April 2010.
(Jan 4, 2010 in Tax )
Many contractors thinking about taking out a mortgage (or re-mortgage) over the past two years will have been more aware than most about the increased scrutiny with which lenders view mortgage applications. So, what is the outlook for the contractor mortgage market in 2010?
(Jan 4, 2010 in Money / Investing )
The number of financial services job offers has risen this month, raising hopes of a lasting economic recovery. However, the large number of applicants has forced down contract daily rates.
(Dec 22, 2009 in Market Reports )
The Chancellor announced a number of tax hikes which will be delayed until after the election. The small companies' corporation tax rate will remain at 21% in 2010/11 after all.
(Dec 9, 2009 in News )
A leading specialist accountant outlines his company's thoughts and expectations for the December Pre-Budget Report, and the difficult task facing the Chancellor
(Dec 8, 2009 in News )
One of Europe's largest recruitment agencies, SThree, says that the company has successfully weathered some severe trading conditions of late. The firm says that most job markets are now stable, or improving.
(Dec 7, 2009 in News )
The mortgage market has changed markedly in the post 'crunch' world. Offset mortgages represent good value for many contractors.
(Dec 2, 2009 in Money / Investing )
Employment status experts, Bauer and Cottrell, have launched two new services aimed at helping contractor accountancy service providers with IR35 issues.
(Dec 1, 2009 in News )
Another sign that the worst of the downturn may be over has come in the form of a marked reduction in the average time businesses are made to wait until their invoices are settled.
(Nov 30, 2009 in News )
A major survey suggests that, after a difficult 12 months, freelancers and contractors are well placed to take advantage when the recovery begins.
(Nov 20, 2009 in News )
The Government has confirmed that contractors will still be able to opt out of the recruitment agency Conduct of Employment Agencies Regulations.
(Nov 17, 2009 in Agency Workers Regulations )
A wide range of events are being held to promote National Freelancers Day on 23rd November.
(Nov 12, 2009 in News )
The Chancellor has announced that he will deliver his Pre-Budget Report on 9th December.
(Nov 11, 2009 in News )
A leading contractor accountancy firm has pointed out that limited company contractors who are caught by IR35 could fall within the scope of the Agency Workers Directive.
(Nov 10, 2009 in Agency Workers Regulations )
In its submission to the Chancellor ahead of the much-anticipated Pre-Budget Report, the PCG has called for IR35 and other restrictive measures to be scrapped in the interests of the economic recovery.
(Nov 9, 2009 in IR35 )
A leading contractor news site has published a special report, looking back on 10 years of IR35 - including insights from some of the leading experts in the contracting industry.
(Nov 5, 2009 in IR35 )
The latest REC/KPMG Report on Jobs for October 2009 provides further evidence that the worst of the downturn may be over, as the number of permanent and contract roles continues to rise.
(Nov 4, 2009 in Market Reports )
The latest research by contractor services provider, giant group, provides further evidence that confidence is beginning to return to the contracting market.
(Nov 2, 2009 in Market Reports )
As National Freelancers Day nears, a survey has been launched to help find out more about the role freelancers and contractors play within the challenging economic climate.
(Oct 30, 2009 in News )
The demand for IT contractors has jumped significantly over the last quarter, rebounding from one of the worst dips in demand ever recorded, although average rates are slightly down on last year.
(Oct 30, 2009 in Market Reports )
A summary of the most commonly used HMRC forms used by limited company contractors and their accountants.
(Oct 26, 2009 in Tax )
Following on from the FSA's proposals to ban 'self cert' mortgages, the ACCA has said that such changes would have serious implications for many would-be entrepreneurs, including contractors.
(Oct 21, 2009 in Money / Investing )
Bel Grant, a recent Contract Eye article contributor, has published a new guide on flexible working, which should appeal to contractors who use recruitment agencies.
(Oct 20, 2009 in News )
If you want to keep tabs on all your personal and business tax deadlines, you might like to download a handy PDF summary.
(Oct 20, 2009 in Tax )
How will the proposed ban of 'self cert' mortgages by the FSA affect the IT contractor mortgage market?
(Oct 19, 2009 in Money / Investing )
The number of people lying on their CVs has hit a three year high, with a massive increase in the number of IT contractors providing false information.
(Oct 19, 2009 in News )
Demand for IT contractors, having declined for over 6 quarters, appears to have stabilised, with advertised roles on the increase and positive noises being made by some leading recruitment agencies.
(Oct 14, 2009 in Market Reports )
Umbrella schemes may advertise their weekly or monthly charges net of tax. How to find out how much you will actually pay, depending on your personal tax status.
(Oct 11, 2009 in Umbrella Companies )
Limited company contractors will need to get used to a new set of forms when they inform Companies House of any changes to their circumstances.
(Oct 6, 2009 in Limited Company )
An overview of employers liability insurance for contractors, what the legal requirements are, and how to get an EL insurance quote.
(Oct 5, 2009 in Contractor Insurance )
The mainstream press has expressed its 'shock' as it has been revealed that many BBC personalities - including Jeremy Paxman and Chris Moyles - 'avoid tax' by working via their own limited companies.
(Oct 4, 2009 in News )
Why do so many contractors work via recruitment agencies in the UK, and what are the benefits of contracting via an agency?
(Sep 28, 2009 in Contract Work )
Many of the forms limited company contractors have previously used to interact with Companies House will change format on 1st October 2009 following the final implementation of the Companies Act 2006.
(Sep 24, 2009 in Limited Company )
If your contract falls outside the IR35 rules, it is important that you gather and keep supporting evidence to show that this is the case.
(Sep 22, 2009 in IR35 )
SJD Accountancy has launched its own iPhone application which shows limited company contractors what their take home pay would be for a given hourly or daily rate.
(Sep 9, 2009 in News )
Limited company IT contractors should take note of the latest implementation of Companies Act changes, which come into force on 1st October 2009.
(Sep 8, 2009 in Limited Company )
With competition for contract roles tougher than ever, what can you do to improve your chances during the interview process?
(Sep 7, 2009 in Contract Work )
If you are a limited company contractor, one of the first things you need to do is open a dedicated business bank account. We look at the steps you need to take complete the process.
(Aug 27, 2009 in Money / Investing )
A contractor accountancy firm has launched a series of videos aimed at helping contractors understand exactly what IR35 is.
(Aug 25, 2009 in IR35 )