News, insights and advice for contractors
Stay tuned to the NWM blog for our latest company news, in-depth industry commentary and insights as well as useful guides on finance and compliance for contractors.
According to Micro Biz Magazine, there were over 2 million freelancers working in the UK in 2020, with more joining . If you’re thinking about joining this ...
It’s been almost three months since the IR35 reform was introduced in the private sector, which saw medium and large businesses take responsibility for determining the IR35 status of contractors. With liability shifting from the contractor to the fee-paying ...
It was reported this month that a tribunal judge had dismissed an IT contractor’s appeal against an IR35-related £70,000 tax bill for a second time.
Robert Lee, who worked as a contractor for Nationwide Building Society under the company name ...
This week, the government rejected calls for amendments to the UK's 2021 Finance Bill that would further regulate umbrella companies.
MPs David Davis and Sir Iain Duncan Smith tabled the proposal to "curb or kill" umbrella companies, giving the government a ...
The IR35 off-payroll working rules, which came into effect on the 6th April 2021, saw many Personal Service Companies (PSCs) engage the services of umbrella companies to help navigate the changes.
This increased use of umbrella companies has led ...
In our previous blog, we explored the new IR35 off-payroll rules that came into effect for medium and large-sized businesses in the private sector.
To recap, IR35 means that when engaged via an intermediary (a limited company or personal services company) ...
New IR35 off-payroll rules for medium and larger-sized businesses came into effect this April, following a 2017 roll-out for the public sector.
The reform sees responsibility transferred from private sector contractors to the companies that employ them ...
Increase ...
