Contractor Friend - Email Newsletter

You have received this email because you previously expressed interest in receiving information on contracting in the UK.

We take your privacy and permission very seriously, if you do not want to receive further emails from Contractor Friend, you may unsubscribe from this email in one click.

BP Troubles Puts Contractor Pensions At Risk

With BP’s share price still plummeting in the wake of its failed well-capping in the Gulf of Mexico, many pension funds have concerns over their sizeable investments in BP stock.

It is estimated that BP shares provide £1 in every £7 paid in dividends by FTSE-100 companies. With the taxes payable on these huge dividend payouts, BP is also a major provider of revenues to the UK Treasury, having paid around £750 million in UK corporate taxes with another £135 million expected to be paid in production taxes in the UK.

On the back of the crisis faced by BP and recent banking crashes, FairPensions, a lobby organisation, said investors needed to pay more attention to the wider risks faced by the companies they put their money into whether they are oil groups or banks.

Self Employed Contractors Need Better Service From Mortgage Lenders

Mortgage lenders have been called on by the Legal and General network, to involve underwriters more and decrease the use of credit scoring to better serve the self-employed and complex prime markets…read more...

Against all odds - IR35 Tribunal victory for Novasoft Ltd

Novak Brajkovic, director of Novasoft Ltd, achieved an astounding victory recently when a Tax Tribunal ruled that his company's contracts with Avecia (end client) covering the period April 2000 - December 2002 were not caught by IR35…read more...

BP - A nightmare for contractors?

BP continue to hit the headlines across the world as a result of the Gulf of Mexico oil leak. A day doesn’t go by without significant commentary on the position of the leak, the company and its partners that operate various aspects of its program, including the oil rigs.…read more...

Flexible Working Benefits Recognised by Coalition Government -

Both, in last week's Queen's Speech and in the coalition government's plans, vows have been made to 'remove barriers' and 'extend' the rights of flexible working. In light of this, all employees could soon have a right to request working flexible hours…read more...