IT Contractor Essentials
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.
To successfully avoid IR35, both the terms of a contract for services, and the working practices of the individual providing these services must demonstrate that the worker is in business on their own account, and not merely a disguised employee. Here, we discuss the importance of contract wording and provide links to example IR35 contract templates for you to download. [more]
Life as a contractor can be very rewarding. Alongside potential higher earnings, you can also experience a wide variety of jobs, and enjoy the freedom of being your own boss. It isn't for everyone, but for those who move away from permanent work, the … [more]
As part of the Treasury's wide-ranging measures to support the economy during the COVID-19 outbreak, the Chancellor has given the UK's 11 million self-assessment taxpayers more time to pay their next income tax bills, which become due on 31st January … [more]
If you search Google for anything to do with 'umbrella companies' or 'IR35', you'll find dozens of ads for seemingly-attractive payment vehicles - aimed at contractors. So how do you know if they're legitimate or not? … [more]
Since the implementation of the Intermediaries Legislation (IR35) in April 2000, the onus has fallen on professional contractors to prove that their contracts are not caught by the IR35 rules. In this article, we look at the role of professional IR35 … [more]
A Standard Industrial Classification (SIC) code is used to identify the business activity of your company, such as 'Information technology consultancy activities.' … [more]
If you decide to set up a limited company with other people - either for contracting purposes or to run another type of business, how do you ensure that all of your shareholders (including yourselves) are protected in case something goes wrong? A … [more]
There is a huge amount of information available about IR35 and how to protect yourself. But what happens if you are actually selected for an investigation? How does an IR35 enquiry work and what should you expect if HMRC has lined you up as a target? … [more]
There may be times when you want to drum up some new business by entertaining a would-be or existing client, but you may be unsure if you can reclaim the costs from your contracting business. … [more]
The forthcoming (April 2021) off-payroll rules in the private sector have led to much discussion about the use of consultancies as a potential workaround. … [more]
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