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As part of Contract Intelligence’s efforts to assist members during the ongoing Coronavirus pandemic, we have launched a beta service gathering together contract opportunities that are advertised as “Remote” or “Home based”, so that our members can take advantage of these contracts if they so choose. Remote Spy beta will be published initially 4 days a week, in the form of a digest of links to Remote IT Contract...
In our last update we discussed the possibility that Contractors who are Directors of their own limited company could take advantage of the Coronavirus Job Retention Scheme. This has now been clarified by the government. Salaried individuals who are Directors of their own personal service company are eligible for the scheme as long as they are properly furloughed and do not undertake any revenue generating function during their period...
In the current, very fluid situation we thought it would be useful to summarise what help may exist for contractors and contracting companies during the current Covid-19 crisis.   Help available to Contractor Companies   There is a three month postponement of VAT payments, between 20th March and 30th June 2020. This is automatic, ie it doesn’t have to be claimed for, but it is our understanding that Vat returns...
What does it mean to be “Outside IR35” and will I be better off? To be “Outside IR35” means that you are a contractor operating as a genuine business, and therefore operating outside the IR35 rules. By contrast, being  “Inside IR35” means that, for tax purposes, you are considered to be an employee of your end client, and therefore subject to PAYE. Who determines my IR35 Status? Since the...
Outside Spy is now live , and already features over 700 IT Contracts advertised as outside IR35, with over 100 currently being added every day! Designed to allow Contractors to keep contracting using their limited companies, Outside Spy discovers and publishes all the Outside IR35 contracts that are listed on the web. Many contractors and commentators are dismayed by the extension of the IR35 rules into the private sector that are planned...
Designed to allow Contractors to keep contracting using their limited companies, Outside Spy discovers and publishes all the Outside IR35 contracts that are listed on the web. Many contractors and commentators are dismayed by the extension of the IR35 rules into the private sector that are planned for April 2020, but help is at hand! With membership of Outside Spy, contractors can search the database of contracts that are exclusively Outside...