features
A comprehensive series of articles for contractors in the UK. Featuring the IR35 rules, contractor expenses, tax avoidance and business banking.
Posted on 16 December 2011. Tags: contractor, control, hmrc, Inside IR35, IR35, ir35 rules, limited company, limited company contractors, Mutuality, Mutuality of Obligation, outside IR35, Substitution
You will probably have heard me sounding off at fairly regular intervals about how inconsistent and impossible to judge the average IR35 case is. I’ve looked at many appeal judgements over the years and each one has been supportable, given the vague nature of that which is being judged.
Posted in alan's blog, ir35 rules
Posted on 04 November 2011. Tags: Dawn Primarola, hmrc, IR35, IR35 investigation, ir35 rules, ir35 taxes, Kitty Ussher, PCG, umbrella companies
It is interesting to note that before an MP takes his or her seat in the House they are required, by a law dating back to 1562, to swear or affirm an oath of allegiance to the Crown. Perhaps surprisingly they do not make any promises to behave but rely on a long tradition of honest and open behaviour instead.
Posted in alan's blog, ir35 rules
Posted on 28 October 2011. Tags: Accountants, awr, contracting, contractors, hmrc, IR35, IR35 investigation, ir35 rules, St Vince of Cable, taxation, umbrella companies, VAT threshold
I’ve been having a funny old week at work. For once I’ve got up to date on my deliverables and am waiting on assorted worthies to review and respond to the results. Meanwhile the technical team next door are working all hours God sent to keep up, while my in tray is almost empty. Well, it makes for a quiet, if rather boring life.
Posted in alan's blog, ir35 rules
Posted on 12 August 2011. Tags: Autoclenz, awr, contractor, Dragonfly Consulting, freelance, hmrc, IR35, IR35 Forum, IR35 legislation, PAYE
Another judgement has been handed down that looks like it will further clarify the eternally vexed question of when is an employee not an employee.
Posted in alan's blog, ir35 rules
Posted on 06 May 2011. Tags: ciot, contractors, freelancers, hmrc, ICAEW, IR35, IR35 cases, IR35 Forum, ir35 rules, PCG
The inaugural meting of the shiny new IR35 Forum is on Friday 6th May. This is the body that Mr Osborne has charged with “improving the administration of IR35”. Which, given the present state of he administration of IR35, is a pretty open-ended kind of brief.
Posted in alan's blog, ir35 rules
Posted on 25 March 2011. Tags: Budget, EBTs, george osborne, hmrc, IR35, Mark Prisk, national insurance contributions, NICs, Office of Tax Simplification, Offshore EBTs, PAYE, PCG
My blog for June last year was commenting on the first budget of the new Coalition government. It got a cautious welcome from me – which they no doubt appreciated greatly – and while the overall news wasn’t that wonderful, it at least looked like things were heading in the right direction.
Posted in alan's blog, ir35 rules
Posted on 18 March 2011. Tags: agency workers directive, alan watts, hmrc, IR35, ir35 rules, Office of Tax Simplification, OTS, PAYE, PAYE audit, PCG, umbrella companies
Now the dust has settled on the OTS report, it’s been fascinating to see the various reactions to it. Most interestingly, nobody seems to have focused on the biggest potential recommendation, that IR35 be suspended with immediate effect. Which is a shame, really.
Posted in alan's blog, ir35 rules
Posted on 11 March 2011. Tags: abolition of IR35, alan watts, contractors, dividends, hmrc, IR35, ir35 rules, Mr Osborne, office for tax simplification, OTS, payment through dividends, PCG, pensioners, small business tax, son of ir35, umbrella companies
Big news of the day is the release of the Office for Tax Simplification’s report on Small Business Taxation. Well, big news for freelance contractors anyway. This is because this is the report that lays out what they think should happen to IR35.
Posted in alan's blog, ir35 rules
Posted on 17 February 2011. Tags: accountancy, accountant, Director's salary, dividends, income tax, Matthew Durrant, PAYE, tax planning
In August 1989 I started my training as an Accountant. Mrs. Thatcher was still the Prime Minister and everyone under the age of 21 wanted an XR3i or a 205 GTi.
Posted in tax avoidance
Posted on 10 February 2011. Tags: accountants for contractors, contractor accountant, hmrc, late filing penalties, Low Income Tax Reform Group, PAYE
The Low Income Tax Reform Group has warned that this month may not be as quiet in the tax world as people would expect.
Posted in news, PAYE
Posted on 10 December 2010. Tags: 24 month rule, accountant, Accountants, contractors, employers national insurance, employers NIC, freelancers, hmrc, IR35, ir35 rules, PCG, PCG’s Guide to Freelancing, pi insurance, recruitment consultants
You may recall I wrote last week about there being an apparent majority of recruitment consultants who don’t actually know what they’re doing, much less understand what (or rather who) it is they’re selling, Sadly that also seems to be true of contractors themselves.
Posted in alan's blog, ir35 rules
Posted on 08 September 2010. Tags: contracting, hmrc, HMRC compliant, HMRC investigation, PAYE, self assessment, tax-efficient pay structures
Contractors, whether new to contracting or experienced hands, will often be approached by salesmen for tax-efficient pay structures. “Great – where do I sign?” might be your first thought. However, you might want to reflect and find out a few things before committing yourself.
Posted in news, tax avoidance