Shout99, the contractors' news website, is holding a series of seminars ‘Opportunities from change in the contracting market’ around the UK to help contractors adapt to the changing climate following the recent legal ruling on the Government’s controversial IR35 tax. http://www.shout99.com/contractors/showarticle.pl?n=&id=1055...
IR35 aims to treat contractors in the knowledge-based economy as if they were employees for tax and NI purposes, thereby preventing them from competing on equal terms with larger consultancy businesses. Their representative body, the Professional Contractors Group, recently took the Government to the High Court to have IR35 judicially review. The judge issued clear guidance at the end of the case which criticised the Revenue’s implementation of the law and pointed to more relevant tests which should be used to assess the status of employee.
This series of 14 round Britain seminars will help to provide contractors, their agents, accountants, advisers and clients, with the relevant information to ensure they are operating in a genuine business-to-business environment which falls outside IR35.
Andy White, editor of Shout99 and founder of the PCG, said: “The most signficant outcome of the Professional Contractors Group's judicial
review was the binding guidance issued by the High Court judge. Although the case failed to deliver the desired knock-out blow to IR35, the judge's comments mean that contractors now have a target to aim at. In the past, it has not been a case of the Inland Revenue moving the goal posts - as the goal posts never existed. Mr Justice Burton has given contractors the net to aim for.
“However, even though the target now exists, it is still up to contractors to hit that target - and that can only be achieved by understanding the dynamics of the rewards and risks of operating in this new climate.
The seminars, which follow a similar one in London immediately after the judicial review, are aimed at contractors and their advisors, agents, accountants and clients, and will run throughout May in Southampton, Aberdeen, Edinburgh, Huddersfield, Reading, Birmingham and Stanstead.
The programme includes:
Shout99 editor and PCG founder, Andy White, who has established several
successful businesses via the contracting route, will look at the key areas that could help contractors move out of IR35. He will also look at the benefits of clients and agencies moving toward consultancy style contracts, and assess the risks and rewards for contractors, agents and clients who are prepared to operate in the new environment.
Expert accountant, Kevin Miller will examine the detail of the JR judgement and report on how the JR ruling may impact on the application of the IR35 rules.
Judicial review solicitor Tony Askham from Bond Pearce will look at how the recent ruling fits into the overall picture and the relevance of the employment tests.
After the presentations, there will be an expert panel of top advisors to take part in a questions and answer session with delegates. The issues they will cover will include:
Mutuality of Obligation and Substitution
Penalties for getting it wrong
Being in business on own account
Length of contract
Year-end strategies – dividend or salary
Deemed payment calculation
Completing the P35: answering yes or no?
Representatives from the PCG, Accountax and Qdos Tax Consulting will be on the expert panel.
There will be two seminars (2pm and 7pm) at each
location. Dates and venues are:
Wednesday 2nd May, 2001 - Southampton. DeVere Grand Harbour Hotel.
Tuesday 8th May, 2001 - Aberdeen. Hilton Treetops
Wednesday 9th May, 2001 - Edinburgh. Sheraton Grand Hotel
Thursday 10th May, 2001 - Huddersfield. Hilton Hotel
Monday, 14th May, 2001 - Reading, Wokefield Executive Centre
Tuesday 15th May, 2001 - Birmingham, Posthouse Birmingham City
Wednesday 16th May, 2001 - Stanstead, Hilton London Stanstead Airport
The cost of attending is £135 or £85 (discounted rate) for PCG members. It is possible to book by credit card on-line and immediately receive your ticket and receipt.
It is anticipated that places will be in demand - and will therefore be
available on a first come, first served basis. Further details and to
book your place online go to:
For further information, interviews or members of press wishing to attend:
Susie Hughes 020 7462 7955 or 07703 486276
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