If you choose to contract via your own limited company, you will need to hire an accountancy firm to look after your tax and accounting needs (unless you’re confident of doing this on your own!)
First Timer or Veteran Contractor?
Very few contractors regret their decision to break with traditional employment and start out on their own. Our site provides all the information you'll need to operate a successful professional contracting business - whether you're thinking of taking the plunge, or if you're a seasoned pro.
One of the most frequent questions asked by contractors is "what health-related expenses can I pay via my company?" … [more]
HMRC has published a series of documents outlining the forthcoming 'off-payroll' IR35 rules for contractors working for public sector organisations. … [more]
An online petition has been launched, urging the Government to scrap the April 2017 IR35 changes for contractors working in the public sector. … [more]
If you decide to start trading via your own limited company, you may at first be put off by the perceived 'hassle' associated with being running the company, and becoming a director. However, if you hire a reputable accountant and undertake some … [more]
Philip Hammond's first Budget is due to be delivered on March 8th 2017 - it will be the last 'Spring Budget'. Here, we remind ourselves of the pre-announced tax changes which will start from April this year. … [more]
There really is nothing worse than dealing with an accountant who is a poor communicator, has substandard accounting skills and/or is a late filer. For a stress-free life as a contractor, you should research the market for the best accountancy firm … [more]
If you've left your permanent job behind, you need to determine if your income will still be taxed at source, or if you need to join the 11 million other taxpayers who submitted a Self Assessment return last year. … [more]
If you have decided to trade via your own limited company, you have to submit an application to Companies House, the registrar of companies. Here, we've listed 10 bits of information you need to collect in advance to ensure your formation can be … [more]
Life as a contractor can be very rewarding - both financially, and in the sense of freedom you can enjoy being your own boss. It isn't for everyone, but for those who do move away from permanent work into contracting, the vast majority never look … [more]