Philip Hammond's first Budget will 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]
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.
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]
As one eventful year comes to a close, we look forward to 2017 and examine how forthcoming legislative changes and economic events are likely to affect contractors. … [more]
HMRC has revealed that it will be public sector bodies themselves, not recruitment agencies, which will be responsible for operating IR35 from April 2017 onwards. So, how will this impact contractors? … [more]
Many contractors travel by car on business - they may be visiting client sites, or attending conferences and training sessions. However, when it comes to claiming tax relief for the costs of these journeys, the rules can be confusing. … [more]
Having your own website can provide a number of real benefits for contractors, and given the low cost of entry, there isn’t really an excuse not to have one these days. … [more]
With the Government's planned reforms to the way IR35 is operated in the public sector set to go ahead as planned from April 2017, we asked a leading IR35 expert to help explain what the changes mean for contractors in reality. … [more]