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IR35 – Too early to start the wake now
You can almost hear a pin drop, as the entire contracting world holds it’s collective breath waiting for the outcome of the review into IR35.

At least it seems that the fact that a review is happening has been universally welcomed, and most commentators would agree that it is difficult to imagine anyone coming up with a more confusing set of rules than we have in place now.

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HMRC to name and shame tax defaulters
From 1st April 2010 HMRC will introduce new legislation which is designed to standardise powers, deterrents and safeguards across the UK Tax system.  These include Compliance checks, new penalties, publishing the details of defaulters and late payment penalties for PAYE, NICs, CIS deductions and Student Loan deductions. 

If you’re a Contractor working through a PAYE Umbrella Company then you are treated as an employee of that Umbrella, and they will take care of your PAYE & NI Contributions.

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