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]
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.
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]
From April 2017, many small limited companies which have low annual costs will face a higher VAT liability if they use the Flat Rate (FRS) scheme. Here, we look at how the changes are likely to affect contractors. … [more]
If proof were needed that successive governments seem hellbent on removing any of the final benefits associated with limited company contracting, then this year's Autumn Statement may provide just just that. … [more]
As a contractor, your client may require you to travel as part of your contract duties - whether this involves a quick meeting on the other side of London, or an international trip for a week. … [more]
Many people have outstanding student loans when they start contracting, but how do you calculate and make repayments if you're working for yourself, and not a 'traditional' employer? … [more]
If you're a limited company contractor, before 31st January next year you are likely to have to sit down and get to grips with your Self Assessment Tax Return (SATR). Unsurprisingly, this annual task is rarely a popular one, and errors are easy to … [more]
When you start contracting with a new client, there are a number of things you should put in place to ensure that you get paid on time. Here, a credit control expert outlines the steps you need to take to ensure your invoices and payments are … [more]