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Contractor Calculator NewsCast
 The UKs' No 1 site for contractor calculators, news & advice Issue 16: May 2008  
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Dear Contractor,
Welcome to the May 2008 edition of our Contractor NewsCast. In the news this month we hear that Income Shifting will be back, and this time targeted directly at contractors. The Revenue lose another IR35 challenge, and the Government has a plan to avoid the threatening Agency Workers Directive hitting our industry. Our features this month deal with negotiation of relocation costs, and how to deal with contract breaches properly. We also help a reader whose agency attempts to hold their last payment to ransom.


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IR35 Tax Concerns?
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Survey Got a question about Contracting? Ask the Contractor Doctor.
News
Return of Income Shifting To Directly Target Contractors
The Treasury's income shifting proposal, which we all hoped would go away, is coming back, and it's expected to target contractors. 
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News
Accountax Win Shows Importance of IR35 Fundamentals
Accountax has won an IR35 case, obliging the Revenue to drop the matter before it went to court. IR35 fundamentals were the key.
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News
Government Could Control the Agency Workers Directive Threat
The Government seems close to resolving the issues raised by the Agency Workers Directive. Brown is pursuing a two-pronged strategy.
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Have Your Say
Has Your Agency Ever Helped You?
Agents and contractors often don't get along. But there are times when an agency can help with your contracting. Has that ever happened to you?
Have Your Say Have Your Say
Feature
Handling Breaches of Contract
When agents or clients breach your contract, you should react with notification, and if appropriate and necessary, termination of the contract.
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Feature
Relocation Costs are Your Responsibility
If a contract obliges you to relocate, you need to account for the costs. You may deduct a large part of it all from tax, but that may still leave you with a hefty bill.
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Contractor Doctor
Can the Agency Hold My Payments for Ransom?
Can the agency hold your payment in an effort to bargain with you? The short answer is: definitely and absolutely not.
Read Full Story
Market Report
Contractor Calculator Market Report - May 2008
Stable IT budgets and a recovering economy in the UK should mean steady, if not increasing, contractor demand.
Read Full Story
Other Recent News...
Ruth Badger says Half of the UK Workforce Wants to Go Contracting
Income Shifting Proposal Unacceptable for Contractors
European Commission Cuts Contracting Red Tape
Why Agencies and Contractors Don't Agree
Dividends: Calculation, Payment and Taxation
Does IR35 apply for very short contracts?
 
 
 
 
 
 
 
 
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