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]
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.
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]
However you decide to work as a contractor – via your own company, or an umbrella – or if you’re a self-employed freelancer, you must keep your financial records safe for a number of years. How long depends on the type of tax. … [more]
As a limited company owner, you may feel that the tax system does you few favours. However, all is not lost, as there is still one benefit available to contractors each year - albeit a small one. This is the favourable tax treatment of your annual … [more]
There are many ways to find contract work - both directly with end-clients, or via recruitment agencies. At times when the market is flat, it is more important than ever to make the most of all available channels to maximise you chances of securing … [more]
If you are considering becoming a contractor, or are a seasoned veteran, here are 10 success tips from the IT Contracting team to help you get the most out of your contracting career. … [more]
When I read a typical article outlining the pros and cons of contracting via different business structures, the umbrella option is usually labelled as 'hassle free', whereas the limited company path is the 'tax efficient route' (albeit with some … [more]
If you've spent personal funds setting up your contracting business, what scope is there to reclaim these costs from your limited company, once it has been incorporated? … [more]
Recruitment is a cut-throat industry at times; experienced and inexperienced candidates alike can unwittingly fall into the same traps over and over again as they tread the job boards in search of their next contract. … [more]
The retained profits generated by UK companies of all sizes can be distributed to shareholders. For professional workers (such as contractors, consultants, and freelancers), dividends make up the bulk of income drawn down from small limited … [more]