Autumn Statement 2014

We like to keep our clients informed of all updates and as this week was the Autumn Statement we thought we could share some of the salient features with you: – Personal allowance from 6/4/15 is now £10,600 instead of £10,500 as announced before. What does this mean to contractors? For those who are using an…

Business Entity Tests set to be removed

HMRC has announced that it will be removing the Business Entity tests from the 6th April 2015. HMRC has made the decision to scrap the tests after only 2 years following recommendations from the IR35 forum. The tests were part of a larger initiative to allow contractors to gauge their own IR35 risk. The IR35 forum…

New contractor policies

With the Chancellor’s Autumn Budget on the horizon the Treasury has reached out and asked for input into the Chancellor’s statement. IPSE have taken the lead and proposed a number of policy changes, which would benefit 4.6 million self-employed people. Simon McVicker, IPSE’s Head of Policy and External Affairs said: “The policy proposals we are…

The rise of IT contractors

At present there is a massive demand for IT contractors in a number of sectors and at the same time a distinct lack of skilled individuals. Opportunities lie within Big Data and how it can be leveraged for an organization’s needs. There is a colossal absence of individuals with the relevant skills to manipulate Big…

Now’s the time to be a contractor

If you are not yet a contractor or freelancer and are thinking of going down the self-employed route, there has been no better time than right now. If you are already there, then you would probably already be aware of the improvements to many aspects of the self-employed world. First things first lets talk about…

IPSE on freelancer confidence

IPSE’s latest Freelancer Confidence Index indicates that the outlook for freelancers and contractors will remain optimistic over the next few months. The survey highlights include the following: Freelancers expect daily rates to increase over the next year. On average, freelancers spent under two and a half weeks between contracts. Nearly a third experienced a rise…