Contractor News

Treasury attack on umbrella companies not over says contractor accountant

Relief felt by contractors after last week’s Pre-Budget Report may be premature, as contractor accountant JSA Group warns of further Treasury action.

This week | Mon, 01 Dec 2008 | Travel Expenses Consultation

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Legal

• New tax tribunals will help contractors appealing against HMRC
• Contractors should act now to stay on right side of October’s companies legislation
• Contractors warned of return of Managed Services Company legislation

Budget

• What contractors can expect from the Pre-Budget Report

Market Stats

• Government bank bail-out means turbulent times for IT contractors
• Contractor Calculator Market Report November 2008
• 3,400 IT contractors and workers to be axed from government contracts

Other

• Contractors vote ‘no confidence’ in government support for the sector
• Contractors’ bank deposits are protected – up to a point

Umbrellas

• Umbrella companies play key role in improving wider contracting sector, says Parasol

Agency Workers Directive

• MEPs give thumbs up to AWD whilst PCG lobbies for contractor recognition
• Agency Workers Directive opt-out for UK contractors is looking increasingly likely

Pensions

• Contractors can exploit investment and savings opportunities of troubled markets

Travel Expenses Consultation

• Lawspeed leads AEMC response to Treasury consultation on contractors’ expenses
• Contractors’ legitimate travel expenses must be safeguarded, says PCG to Treasury

IR35

• Contractors taking dangerous risks with IR35 status, says our survey

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