Publication: Contractor UK

First reported Aug 26 2014 - Updated Aug 26 2014 - 1 reports

IT contractors can have their pick of seven regions

Choose any one of the seven core regions of the UK where we provide contract IT workers and there is a single fact that unifies them all, writes Rob White, senior manager at staffing firm Venn Group .It is that whether they are companies or institutions, ... [Published Contractor UK - Aug 26 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 1 reports

IT contractors' clients switch to strategic mode

The fluidity of the professional contracting market has been laid bare in a report showing the main reason that outfits use contractors to have changed for the third year in a row.Whereas ‘peaks in demand’ and ‘covering leave’ were the top incentives ... [Published Contractor UK - Aug 26 2014]
First reported Aug 22 2014 - Updated Aug 22 2014 - 1 reports

Offshore tax evaders face new criminal offence

Contractors can have their say on the taxman moving to criminalise people who fail to declare offshore income and gains, even if he cannot prove their intent was to defraud him.Under the ‘strict liability’ offence, convictions could hit a person whose ... [Published Contractor UK - Aug 22 2014]
First reported Aug 21 2014 - Updated Aug 21 2014 - 1 reports

Contractors' Questions: Should I pass up this offshore loan scheme?

Contractor’s Question :I have read the first , second and third most recent pieces on ContractorUK about offshore loan schemes, but need to know more. Like other contractors in my client’s office, I have been approached by an accountant running another ... [Published Contractor UK - Aug 21 2014]
First reported Aug 21 2014 - Updated Aug 21 2014 - 1 reports

IT contractor job fears return to pre-recession levels

Anxiety among IT contractors about staying ‘off the bench’ has fallen back to pre-recession levels, at the same time that any pessimism about their pay rates is receding, a survey shows.In fact, less than a fifth of IT contractors rate ‘job security’ ... [Published Contractor UK - Aug 21 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Contractors' Questions: How to split my IT company tax-efficiently?

Contractor’s Question : I have received an unexpected but very welcome offer from an investor to buy a minority stake in one of the two service lines that my IT services company operates. I don’t want to let down the clientele that the company has built ... [Published Contractor UK - Aug 20 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Get on with your AIP to get moving in a property upturn

Similar to the temporary IT labour market , the mortgage market usually slows down about now as summer holidays for agents, advisers, buyers and sellers get in the way -- but not this August.In fact, whereas once the Spring was traditionally when the ... [Published Contractor UK - Aug 20 2014]
First reported Aug 19 2014 - Updated Aug 20 2014 - 1 reports

EBT scheme's defeat will protect £2.4m, says HMRC

A tax avoidance scheme that routed a film financing venture’s profits via Employee Benefit Trusts at the behest of the venture’s owner, an ex-accountant, has been blocked by a tribunal.Operated by John Dryburgh, a former partner with Deloitte & Touche, ... [Published Contractor UK - Aug 19 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Contractors' Questions: Must my visa sponsor be my direct employer?

Contractor’s Question : Similar to this questioner , I am overseas and new to UK IT contracting, but I need a sponsor to undertake my immigration duties. I have found a sponsor but they are unable to provide me with any contracts; they say I must find ... [Published Contractor UK - Aug 19 2014]
First reported Aug 18 2014 - Updated Aug 19 2014 - 1 reports

Taxman blocks EBTs from using the LDF

The Liechtenstein Disclosure Facility has been blocked as a way for users of Employee Benefit Trusts to cut the costs of coming forward to the taxman.Explaining its move, HM Revenue & Customs said a growing number of EBT users had tried to settle their ... [Published Contractor UK - Aug 18 2014]
First reported Aug 18 2014 - Updated Aug 19 2014 - 1 reports

Banks join critics of HMRC plan to grab unpaid tax

A report finding 90% of complaints against the taxman to be just has been seized upon as evidence that he should not be given access to people’s bank accounts to recover sums he says are owed.The British Bankers Association reportedly made the connection ... [Published Contractor UK - Aug 18 2014]
First reported Aug 06 2014 - Updated Aug 07 2014 - 2 reports

Why OTS's employment status review isn't ideal

Another review around independent workers is what we have but unfortunately it's not ideal, writes Martin Hesketh, managing director of contractor accoutancy firm Brookson.It's not ideal because such members of the flexible workforce would benefit from ... [Published Contractor UK - Aug 07 2014]

Quotes

"With 420,000 sites infected, it will be impossible to work with all of the impacted companies and ensure that the vulnerabilities that led to the breaches are ultimately patched. Many will remain vulnerable for some time, if not indefinitely.”"
Mr Cobut at Volt agreed: "We are asked a great deal about rates and benchmarking. In [the current] market, we have contractors trying to get the best rate for their time, and we have the client working within budget constraints. Finding a balance between the two is our challenge."

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IT contractors' clients switch to strategic mode [Published Contractor UK - Aug 26 2014]
IT contractors can have their pick of seven reg... [Published Contractor UK - Aug 26 2014]
Offshore tax evaders face new criminal offence [Published Contractor UK - Aug 22 2014]
Contractors' Questions: Should I pass up this o... [Published Contractor UK - Aug 21 2014]
IT contractor job fears return to pre-recession... [Published Contractor UK - Aug 21 2014]
Contractors' Questions: How to split my IT comp... [Published Contractor UK - Aug 20 2014]
Get on with your AIP to get moving in a propert... [Published Contractor UK - Aug 20 2014]
EBT scheme's defeat will protect £2.4m, says HMRC [Published Contractor UK - Aug 19 2014]
Contractors' Questions: Must my visa sponsor be... [Published Contractor UK - Aug 19 2014]
Taxman blocks EBTs from using the LDF [Published Contractor UK - Aug 18 2014]
Banks join critics of HMRC plan to grab unpaid tax [Published Contractor UK - Aug 18 2014]
Tax hike looms for 250,000 temporary EU workers [Published Contractor UK - Aug 15 2014]
Recession was good for us, say a fifth of techies [Published Contractor UK - Aug 14 2014]
Contractors' Questions: Can I ditch this dull c... [Published Contractor UK - Aug 13 2014]
UK must look at women to boost IT contractor nu... [Published Contractor UK - Aug 13 2014]
OTS unveils final report on benefits and expenses [Published Contractor UK - Aug 12 2014]
IT contractor skills shortages almost doubled i... [Published Contractor UK - Aug 11 2014]
Consultants defended in wake of Newsnight pay p... [Published Contractor UK - Aug 11 2014]
Techies under fire for holding 1.2bn passwords ... [Published Contractor UK - Aug 08 2014]
Why OTS's employment status review isn't ideal [Published Contractor UK - Aug 07 2014]
Contractors' Questions: How to take £100,000 ou... [Published Contractor UK - Aug 07 2014]
OTS status review 'bound to have knock-on effec... [Published Contractor UK - Aug 06 2014]
Nine in ten complaints against HMRC upheld [Published Contractor UK - Aug 05 2014]
Technical skills gap grows for ninth year in a row [Published Contractor UK - Aug 04 2014]
Gary McKinnon launches 'ethical' SEO business [Published Contractor UK - Aug 01 2014]
Tribunal tackles 'control' in false self-employ... [Published Contractor UK - Jul 31 2014]
IT sector's innovative SMEs called to compete [Published Contractor UK - Jul 31 2014]
OTS begins employment status review [Published Contractor UK - Jul 30 2014]
Contractors' Questions: How to fill in confirma... [Published Contractor UK - Jul 30 2014]
IT candidates 'in the clear' if summer hiring s... [Published Contractor UK - Jul 29 2014]
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