A key topic of debate in recent months has focused on whether growth in contracting will continue after further IR35 reform. Unless you have been living under a rock, you will probably have noticed significant growth in the contracting and gig economy within the UK.
Six people, alleged to have been promoters of deceitful loan charge arrangements have been arrested in recent days. These arrests followed raids on both business and residential properties across England following HMRC investigations.
Umbrella companies play an important role in helping huge numbers of contract workers to retain the flexibility of temporary locum work, but with the benefits of employment. Here we tackle some of the most common umbrella company myths in circulation.
In April 2020 previous changes to IR35 will be extended to effect workers in the private sector too. It is not too difficult to predict the outcomes of this extension into the private sector. Not only can you predict the outcome you can start to make preparations now to protect yourself from the fall out of this.
The Loan Charge which was brought into force from April 2019 by HMRC has rightfully received a lot attention lately for the enormous impact it is having in the contracting world. If lessons are not learnt then contractors will continue to fall foul of these schemes time and time again.