If you are a limited company owner, you have a number of monthly, quarterly and yearly tax and accounting deadlines to keep on top of. Read this guide to make sure you don't end up on the wrong side of HMRC. … [more]
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.
Setting up as a self-employed person (i.e. becoming a sole trader) is the most hassle-free route to getting started in business. However, despite this, there are a number of compelling reasons why you'll find it almost impossible to find recruitment … [more]
To successfully avoid IR35, both the terms of a contract for services, and the working practices of the individual providing these services must demonstrate that the worker is in business on their own account, and not merely a disguised employee. … [more]
While working as a contractor, you may run up a number of business-related phone and broadband expenses. So, how do you ensure that these expenses remain tax-deductible for your company, and free of additional personal tax charges at year-end? … [more]
There is a huge amount of information available about IR35 and how to protect yourself. But what happens if you are actually selected for an investigation? How does an IR35 enquiry work and what should you expect if HMRC have lined you up as a … [more]
Making Tax Digital (MTD) is set to bring about the biggest change to the UK’s tax system for a generation - so how will it impact the contracting world? … [more]
Following the networking site's recent facelift, an industry expert explains how to write a contract-winning LinkedIn profile that both works with the new-look service, and dovetails with your CV. … [more]
To ensure your contracts fall outside the scope of IR35, you need to have an IR35 compliant written contract in place, and ensure that your working practices mirror the terms of the contract. One of the best ways to add strength to your proof of … [more]
One of our readers has recently been offered a contract role 200 miles away from home. Can he claim the cost of renting accomodation against his limited company's tax bill? … [more]
When it comes to paying dividends to shareholders, the first thing a company's directors should do is to check how much profit is available to be distributed. But what happens if you have overpaid dividends? … [more]