UK Contractor Services Offshore Contractors

BN66 Contractor Loses Court Case

A UK contractor who took advantage of a payroll scheme offered by Montpelier in the Isle of Man has lost his court case in which he was trying to have the retrospective element of BN66 classed as unlawful. The argument that this type of retrospective action was against human rights fell on deaf [...]

BN66 Contractor Loses Court Case is a post from: UK Contractor Services Offshore Contractors

IT Contractor Payroll

Of all the contractor groups currently operating in the UK it seems as though the IT contractor has been keenest on sourcing the right payroll solution. Many IT contractor payroll solutions have sprung up over the years in order to service this need, few have lasted the sands of time. One thing is [...]

IT Contractor Payroll is a post from: UK Contractor Services Offshore Contractors

Employee Benefit Trust

Don’t Want To Use An Employee Benefit Trust? There is a Much Better Payroll Solution Available! The Employee Benefit Trust has been a popular alternative to the Umbrella Company for many years. Hundreds if not thousands of self employed contractors and other high net worth professionals (such as those in the creative arts) have taken [...]

Employee Benefit Trust is a post from: UK Contractor Services Offshore Contractors

Would You Consider Moving Offshore?

The UK Governments recent announcement of a top rate of tax of 50% for anybody earning over £150,000 a year is sure to cause strong feelings amongst the contractor community. Could a move that the bureaucrats see as raising tax revenue actually result in a reduction as a steady flow of high earners and [...]

Would You Consider Moving Offshore? is a post from: UK Contractor Services Offshore Contractors

Working As A Locum, Don’t Forget To Invoice!

Whilst there are many advantages to locum work (flexibility, above average hourly rates etc etc) you have to remember that you are in effect working for yourself. This comes with responsibilities! I just know that this is going to ring true with the finance staff of health authorities all over the UK and it has [...]

Working As A Locum, Don’t Forget To Invoice! is a post from: UK Contractor Services Offshore Contractors

Not All Offshore Payment Schemes Are Legitimate

Forty five Swedish dentists could be about to find themselves in some serious hot water from their local tax authorities. It is alleged that between them they have dodged more than 8 million pounds worth of tax by funnelling the money through the Isle of Man. The Swedish Tax Agency and the National [...]

Not All Offshore Payment Schemes Are Legitimate is a post from: UK Contractor Services Offshore Contractors

When Is An Offshore Tax Haven Not A Tax Haven?

There is nothing that gets the heckles up of the average working class labour supporter more than the mention of tax havens! You know about tax havens right, those places where rich people stash all their money so they don’t have to pay tax? These dodgy little offshore places run like the wild [...]

When Is An Offshore Tax Haven Not A Tax Haven? is a post from: UK Contractor Services Offshore Contractors

Is Your Salary Safe?

There is no hiding the fact that the worlds financial markets are in turmoil. There is little if any faith in the banking system with banks even unwilling to lend to each other! In this volatile environment banks have and will go under. In other circumstances some governments will step into to [...]

Is Your Salary Safe? is a post from: UK Contractor Services Offshore Contractors

Independent Contractor Mortgage?

It’s no big secret, it’s something that faces us every morning as we turn on the news! The UK is in the middle of a credit crunch, a financial situation (or set of circumstances) that has resulted in the major lenders, including mortgage lenders being extremely strict with regard to whom they are and [...]

Independent Contractor Mortgage? is a post from: UK Contractor Services Offshore Contractors

Isle of Man Retains Its AAA Credit Rating

INDEPENDENT credit rating agency Standard and Poor’s has renewed the Isle of Man Government’s AAA rating – the highest rating that it awards. The ratings provide an independent benchmark for investors. The review of the finances of the Isle of Man Government to issue a sovereign credit rating is carried out on an annual basis. Carl Hawker, of [...]

Isle of Man Retains Its AAA Credit Rating is a post from: UK Contractor Services Offshore Contractors