pcg

A new report into ‘independent professionals’ (I-Pros) working in Europe shows that the number of European freelancers has grown by over 80% since 2000.
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Despite the massive cost-cutting measures implemented by Government bodies over the past year, the demand for public sector IT contractors appears to have levelled out according to statistics derived from the leading IT jobs boards over the past year.
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Industry body, PCG, has warned that Government proposals to clampdown on the use of limited companies by contractors and consultants could result in significant job losses.
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Kingston University and contractors’ group, PCG, have published some interesting findings from a comprehensive study of the UK’s freelance workforce.
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Doubts have been raised over the proposed IR35 business entity tests, after it has emerged that HMRC is in disagreement with many members of the IR35 Forum – the body set up to help overhaul the current IR35 regime.
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Over the past few months, following revelations that many high-ranking public sector officials have been remunerated via their own limited companies rather than the payroll, many articles in the mainstream press have unfairly portrayed small limited company owners as ‘tax dodgers’.
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The IR35 rules remain in place after Budget 2012, although an ambiguous statement in the Budget documentation may cause further uncertainty to contractors
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The IR35 rules are still in place in early 2012, but are due an administrative overhaul which may be implemented as early as April 2012, according to the body tasked with simplifying small business taxation.
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