Latest Contractor News

Here are some of the latest news stories from the world of contracting that we want to share with you.

If you have any questions or want to discuss any of the stories that you’ve read, please get in touch with your dedicated accountant who’ll be very happy to help.

What the BoE’s 1.75% interest rate means for contractor homeowners August 11, 2022
A 27-year high in inflation? Not grounds to panic (just yet), but likely a cause for action if you’re a limited company contractor with a mortgage.
How to get paid on time as a contractor business owner August 11, 2022
With a cost of living crisis squeezing bottom lines, the financially-savvy will check that their defences against late payment are primed.
New umbrella company initiatives go live to help protect contractors, and get them holiday pay August 9, 2022
With still no Single Enforcement Body emerging, IWORK, Contractor Voice and JobsAware step into the void.
Contractors’ Questions: Does being paid in foreign currency affect my tax residency status? August 8, 2022
A German national contracting here for a Hamburg client faces no tax implications, but possibly a negotiation.
Liz Truss, Rishi Sunak and Nadim Zahawi continue to ignore Loan Charge appeals August 8, 2022
Neither of the prime ministerial candidates, nor the chancellor, are addressing the HMRC policy that’s tragically taken nine lives.
Growth in IT contractor demand cools to its lowest level in 18 months August 8, 2022
‘Hirers rightly hesitating over hiring plans’ brought IT contractor demand to a more ‘normal’ level in July.
Securing work after RTW goes digital on October 1st will be quite a job without an in-date passport August 8, 2022
Hiring changes from the Home Office still contain a gap that urgently needs bridging.
Whoever leads it next, the government needs to stop the IR35 and employment status merry-go-round August 4, 2022
Contrary to the business department’s claims to justify its action, now would have been the perfect time to solve the UK’s status crisis.
How to know whether to hire a contractor or permanent employee August 4, 2022
What organisations should look at and where, to decide who they need; permies or freelancers.
Contractors’ Questions: Where do I pay tax if I live and work both abroad and in the UK? August 4, 2022
Deciding where you want to be tax resident is a good starting point, when your time is complicatedly split between two countries.