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Newsletter 438: The future looks good for contractors | OTS reviews

by Newsletter Editor at 10:15 21/08/14 ( Shout99 Newsletter)

There are good times ahead for contractors if several recent reports are indicative of the future. They show that the contractor market has returned to the pre-recession levels, while the UK is fast becoming the 'self-employment capital' of Western Europe.

As IT skills are gaining more prominence in the school curriculum, there is also increasing demand for contractors with the right skills to meet the growing need in the classroom. At the other age of the age spectrum, the one-time baby-boomers, who are now deemed the super-boomers are leading the way in starting new - and successful - businesses. Contractor market has returned to pre-recession levels UK is becoming the 'self-employment capital' of Western Europe 'Superboomers' set to reshape 21st century Britain Demand for contractors in the classroom The latest report from the Office of Tax Simplification on employee benefits and expenses claims the present system for claiming accommodation expenses is 'arbitrary, inconsistent and difficult to apply'. OTS: Accommodation expenses are arbitrary, inconsistent and difficult OTS: Final report on benefits and expenses Meanwhile the OTS has started work on its next report, the vexed issue of employment status checks - but key contentious areas such as IR35, CIS and expenses will not form part of it. OTS begins review of employment status - but omits IR35 Call for clarity about consultation on employment status checks Shout99 - the free news site for freelancers, contractors and small firms. *************** Also in Shout99 *************** HMRC close the net on offshore payment intermediaries Debt collection safeguards and rule of law vital Call for online government services to be kite marked Contractors need niche skills Consultants ‘a vital cog in the Whitehall machine’ Post A-level students urged to start their own business Firms warned about RTI fines ****************************************************** Advertisement - Protection against IR35 investigations (FO35) ****************************************************** Advertisement Protection against disputes with HMRC on tax matters, including IR35, is available for £116.00 a year. Freelancers Outside IR35 (FO35) is a complete operating system for small businesses with guidance on compliance; draft contracts; a helpline; status assessments; and representation by Qdos Consulting in the event of a dispute with the Revenue on tax; VAT; or IR35 issues. FO35 is available online for immediate cover for £116.00 a year. For more information or to order, see...... Freelancers Outside IR35 ************ Also in Shout99 ************ Ask An Expert, our expert panel answers questions from freelancers. Letters from Freelancers opens up discussions on a number of subjects of interest to freelancers, including problems with the RTI techology. The Clubhouse is an area for 'off-topic' discussions. ******** Twitter ******** For the twitters and tweeters among our readers, you can follow Shout99's headline news on Twitter. ************************ Shout99 - Newsletter ************************ Please forward this newsletter to any other freelancer or small businesses who may be interested in news and information related to running a small business. You can subscribe to receive your own free copy of this newsletter on the home page of Shout99. Susie Hughes, Editor Newsletter 438 Shout99 - the network for freelancers Tweet

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