VA
We all have causes close to our hearts, and if you are contracting through a limited company, you can factor in donations to charity as part of your overall tax planning strategy.
IT Contractor Essentials
Practical guides, calculators, industry news and advice to help you set up and run a professional contracting business.
Read our step-by-step setup guide, with everything from navigating IR35 to submitting your first invoice.
Read the 10-Step Guide →By James Leckie | Last updated:
VA
We all have causes close to our hearts, and if you are contracting through a limited company, you can factor in donations to charity as part of your overall tax planning strategy.
By James Leckie | Last updated:

Salary sacrifice is a popular option for contractors who want to reduce their taxable income while gaining access to non-cash benefits. It is mainly used to make tax-efficient pension contributions. … [more]
By Christian Hickmott | Last updated:

The government is consulting on new reporting requirements for close companies, focused on how small limited companies report payments, loans and other transfers of value involving their shareholders (‘participators’). … [more]
By Kerry Newman | Last updated:

A company can still pay dividends even if it has made a loss in the current year, provided it has sufficient retained profits in its accounts. … [more]
By James Leckie | Last updated:

On 6th April 2026, the joint and several liability (JSL) rules for umbrella company supply chains took effect. … [more]
By James Leckie | Last updated:

If you are closing down your limited company - due to retirement, a career change, or the impact of the Off-Payroll (IR35) rules - you may be able to reduce the tax you pay on the funds you extract. This is where Business Asset Disposal Relief (BADR) … [more]
By James Leckie | Last updated:

Employers, employees, and the self-employed pay National Insurance Contributions. What NI rates do contractors pay in 2026/27? … [more]
By James Leckie | Last updated:

A professional review can help establish whether a contract falls inside the scope of the IR35 rules, and also support a contractor to challenge a client's status decision under the off-payroll rules. … [more]
By James Leckie | Last updated:

There are two main ways to maximise your take-home pay as a contractor: negotiate a strong contract rate in the first place and structure your income efficiently … [more]
By James Leckie | Last updated:

Companies House has confirmed a significant security flaw in its WebFiling system that potentially exposed sensitive company data and, in certain cases, allowed unauthorised users to make changes to a company's records. … [more]