Skip to content
SJD Accountancy
Join Now
Join now
Sorry, we're closed

Lines open Monday from 08:00 - 20:00

  • Contractor Services
    • Our Services
      • Accountancy Packages
        • Compare Services
        • Essential
        • Premium
        • Elite
      • Company Formation
      • Switching Accountant
      • Tax & Audit Services
        • Self Assessment
        • Questionnaires
      • Insolvency Services
      • IR35 Contract Reviews
      • Special Offers
    • Partner Services
      • Umbrella
      • Business Insurance
      • Contractor Mortgages
      • Wealth Planning
      • Health Insurance
      • IPSE Membership
      • Rewards
  • Contractor Resources
    • Contractor Library
    • Top Guides
      • The Contractor’s Guide
      • Limited or Umbrella. The Ultimate Guide
      • Complete Guide to IR35
    • Contractor Tools
      • Limited Company Name Generator
      • Compare Your Day Rate
      • Gender Pay Gap Tool
    • Contractor Calculators
      • Take home pay
      • IR35 calculator
    • Becoming a Contractor
      • Permanent to Contracting
      • How to contract
      • Contractor earnings
      • Contracting in the UK
      • Umbrella take home pay
      • Limited or umbrella
      • Contracting through an umbrella
      • FAQ’s for new contractors
    • Existing Contractor
      • Expenses
      • Taking money out your company
    • Financial Advice
      • Business banking
      • Contractor and business insurance
      • Contractor pensions
      • Contractor mortgages
      • Off-Shore
    • Understanding Legislation
      • IR35
      • Flat Rate VAT scheme
  • About
    • Company
      • About SJD
      • Contact us
      • Careers
      • Terms of Business
      • Terms & Conditions
      • Privacy Policy
    • News
  • Clients
    • Refer to SJD
    • SJD Online
Search Search

SJD Accountancy > News and Opinion > Uncategorized > Contracting experts make budget predictions

SJD Accountancy > News and Opinion > Uncategorized > Contracting experts make budget predictions

Contracting experts make budget predictions

Author
Written by:Digital
Uncategorized
2 minutes
Published: January 11, 2019 Updated: June 28, 2019
  • Twitter
  • Facebook
  • LinkedIn
  • Email

This month will see the 2016 Budget announcement on the part of George Osborne, the chancellor, and speculation is already rife amongst those who represent the groups most likely to be affected.

Contracting experts are keen to apply pressure to the government ahead of the planned changes to the travel and subsistence legislation in the hope that they will prompt a re-think on the part of George Osborne.

Lisa Keeble, of ContractorUK, is hoping that the plans will be revised to relieve the pressure on recruiters and umbrella companies, as the current plans will expect them to be able to provide evidence of a negative – that workers are not under supervision, direction and control. Even for those who are able to provide such ‘proof’, being able to demonstrate beyond doubt that it is not fraudulent also poses its own problems, and Ms Keeble has called for this issue to be covered too. Lucy Smith, of the umbrella trade body All Umbrella Companies Are Equal, believes that such a revision is at least a prospect, and although she is resigned to the idea that the changes to the legislation will be going ahead, she is hopeful that there will be some last minute amendments.

AUCAE are already expecting some kind of formal guidance on the legislative changes following a meeting they had with HM Revenue and Customs. They believe that it should be available before the end of March in order to ensure that contractors are not left in the dark for too long.

The Association for Independent Professionals and the Self Employed are also optimistic that the chancellor might use his Budget to begin unveiling plans to achieve the goals set by Julie Deane in her review of self employment as a whole, including reforms to the way maternity pay is calculated.

If you are intrigued to see how the forthcoming budget will affect you, then arm yourself with knowledge by reading our guides to contractor tax, contractor expenses and our FREE 60 page guide to contracting.

If you want to protect your finances against future changes, the best way to be prepared is to take advice from and qualified and experienced accountant. Our team are always on hand to answer questions about how to save you time and money, so call today on 01442 275789 or email newbusiness@sjdaccountancy.com for more details.

For all other news please visit our Contractor News hub, or why not join us on Facebook and follow us on Google+ for all the latest contractor news, views, debates and competitions.

Related Articles

National Freelancers Day is Going Virtual
Uncategorized
Contractor News Roundup: March 2020
Uncategorized
IR35 Reforms: Five Things You Need to Know
Uncategorized
What can contractors expect from the Conservative government?
Uncategorized
IR35 Guidance Updates for Contractors
Uncategorized
SJD Accountancy continues to drive new frontiers with new CEO appointment
Uncategorized

Back to top

Contact Us

  • 0123456789

Useful Links

  • Terms & Conditions
  • Recruiters
  • Privacy
  • Slavery Statement

New Business Hours

Monday - Thursday8:00 AM — 8:00 PM
Friday8:00 AM — 7:00 PM
Saturday10:00 AM — 4:00 PM
SundayClosed

Copyright SJD Accountancy 2021. All rights reserved. SJD Accountancy Ltd is a company registered in England & Wales. Company Registration Number 06277058.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.AcceptReject Read More
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.