With everyone's attention firmly set on the April 2017 public sector IR35 rule changes, many within the industry have been asking whether this is merely a test run for a much bigger target - the private sector. … [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.
Here are some tips from the ITContracting team to help you create an online presence for your contracting business - and avoid the many potential pitfalls which await the unprepared! … [more]
With the tax differential between limited company owners and traditional workers substantially reduced due to successive dividend tax hikes, why don't policy makers take into account the extra costs contractors have to bear compared to employees? … [more]
One of the stand-out announcements from Spring Budget 2017 was a cut in the 'dividend allowance' from April 2018. What does this mean in practice, and how much will it cost you? … [more]
Here are the key points from the Spring 2017 Budget - including news that the dividend allowance will be reduced from April 2018. … [more]
The Intermediaries Legislation (aka IR35) was first mentioned in a 1999 Inland Revenue press release. The rules to counter alleged tax avoidance via the use of ‘personal service companies’ became law in 2000, and remain in place today. Here we look … [more]
HMRC's long-awaited employment status test has gone live, just over a month before the new public sector IR35 rules take effect. … [more]
Most contractors work via their own limited companies. Aside from the tax benefits this structure offers its shareholders, the liability of directors is also limited. … [more]
As well as prerequisite business and technical skills, there are a number of character traits you’ll need to possess (or improve upon) to become a successful long-term contractor. … [more]
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!) … [more]