Average contract rates have remained static over the past decade, thanks to increased competition and outsourcing, so here we explain why it is more important than ever to maximise your potential earnings as a contractor. … [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.
If your contract work is caught by IR35, your tax bill will rise considerably. We look at how contract income is treated if you are caught, and use our online IR35 calculator to work out the affect on contractors earning between £250 and £550 per … [more]
You've invoiced your client correctly, but payment still hasn't been made. Here, a debt recovery expert looks at the options available to contractors faced with late payment problems. … [more]
A concise guide to the main tax rates, bands and allowances you will encounter as a contractor during the 2017/18 tax year. … [more]
There will be occasions when you may wish to provide small gifts to employees, throw a staff function or even treat yourself as the director. … [more]
With more accountants than ever offering either bespoke or third party software for their clients to use, we look at the significant benefits online accountancy systems can provide for contractors. … [more]
Poor cash flow management has always been the number one reason why businesses of all size fail. Like other business owners, contractors can also suffer significant financial difficulties if a client fails to pay on time. … [more]
As a result of the upcoming snap General Election, the Government has had to ditch most of the proposed Finance Bill 2017. The dividend allowance cut to £2,000 has been ditched (for now), but the public sector IR35 changes remain. … [more]
With hundreds of prospective accountancy firms to choose from, we look at the monthly fees charged by some of the UK’s leading specialist accountants, and the services you should expect to receive in return. … [more]
Your limited company must pay Corporation Tax (CT) on any profits it makes during its financial year. CT is applied to the profits of all UK companies, regardless of size. Here we look at how companies are taxed, and the deadlines you should be aware … [more]