With costs rising across the board, it makes sense to review your business outlays. Accountancy fees are one of the regular costs that most limited company directors can’t avoid. [more]
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Read the 10-Step Guide →Charity and sponsorship expenses via your company
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. … [more]
Guide to salary sacrifice for umbrella company contractors
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]
Close company reporting consultation: what it could mean for contractors
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]
Can you pay dividends if your company has made a loss?
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]
Umbrella tax liability rules went live on 6th April – what changes now
On 6th April 2026, the joint and several liability (JSL) rules for umbrella company supply chains took effect. … [more]
BADR (Business Asset Disposal Relief) for company directors
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]
National Insurance guide for contractors – updated for 2026/27
Employers, employees, and the self-employed pay National Insurance Contributions. What NI rates do contractors pay in 2026/27? … [more]
Why contractors still need professional IR35 contract reviews
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]
What taxes do IT contractors pay? Updated for 2026/27
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]
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