A number of contractors have received letters from HMRC as a result of their accountants being investigated under the Managed Service Company legislation. What should you do if you receive a letter?
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First Timer or Veteran IT Contractor?
Our site provides all the information, tools and resources you'll need to operate a successful professional contracting business - whether you're thinking of taking the plunge, or even if you're a seasoned pro.
Understanding software intellectual property protection
Software including digital products and applications can be protected using various types of intellectual property (also known as IP). … [more]
Choose a name for your limited company – the basics
If you've decided to take the limited company route, one of your first tasks will be to choose a company name. Here, we look at the naming rules set by Companies House, and other factors which will influence the name you use for your contracting … [more]
Does IR35 apply to sole traders?
With the application of the off-payroll rules to the private sector since 6th April 2021, is working as a sole trader a smart way to ensure your contract work falls outside IR35? … [more]
Limited company shares and shareholders
If you work through a limited company, you're not the business, even if you're the company's sole owner. But how do shares work, who can be a shareholder, and what are your rights and responsibilities? … [more]
Umbrella company reviews – can they be trusted?
If you're looking for a new umbrella company, chances are you will conduct some online research as part of the vetting process. Here we consider why you should treat online 'reviews' with a degree of skepticism. … [more]
The importance of professional IR35 contract reviews
Despite recent changes to IR35, which in most cases means contractors’ clients are tasked with assessing IR35 status, it remains in a contractor’s best interests to ensure their compliance and that the service they provide is genuinely outside of … [more]
What is a company secretary, and do I need one?
Company secretaries are usually appointed to help directors complete their statutory duties and carry out other tasks relating to corporate governance. … [more]
Umbrella companies – how preferred supplier lists work
Recruitment companies often operate preferred supplier lists of umbrella companies they work with. Here we consider how a PSL works in reality, and what happens if a candidate wants to use a different umbrella. … [more]
Report slams Off Payroll reforms, survey shows major IR35 impact
Just over a year since the introduction of the Off Payroll rules in the private sector, the Public Accounts Committee has released a damning report on the implementation. A new contractor survey backs up the findings. … [more]
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