If you’re about to start a new contract, or if you’re coming up for renewal, these tips may come in handy to help you maximise your earning potential, whilst keeping on the right side of your agent and prospective client.
Self assessment threshold changes for high earners paid via PAYE – 2023/4 and 2024/5
If your entire income is taxed under PAYE, you don’t have to complete a self-assessment form for the 2023/24 tax year if you earned less than £150,000. This filing threshold has been scrapped altogether from 2024/5 onwards.
Who owns your software development code?
For software developers and digital agencies, source code is the stock in trade; it’s what you do for a living and what you’re paid for. But who owns the code once it has been written?
Can I gift a share in my company to my wife? Are there any tax consequences?
The issue of splitting limited company shares with a spouse or partner has been the subject of much confusion and debate over the past few years.
How many IT contractors are there in the UK currently?
Thanks to new expert research, we now have a good idea of how many freelancers and contractors there are in the country.
March 2024 Companies House changes contractors should know about
New rules to combat fraud and improve the integrity of the Companies House database come into effect in March 2024. New guide for limited company directors.
IT contractor interview tips – including example questions
We look at how the IT contractor interview process works, plus reveal some typical questions you are likely to face during an interview.
Can the colour of your clothes give you the edge at an interview?
You should dress smartly when you are meeting a client for the first time or attending an interview, but could the colour of your clothes give you the edge?
How much will the April 2023 Corporation Tax (25%) hike cost your company?
According to reports in the Sunday Times and Telegraph over the weekend, the Chancellor is considering hiking the Corporation Tax rate from 19% to 24% to plug the enormous black hole in the public finances. How much will this cost you?
MSC legislation – HMRC launches new campaign against contractors
The MSC legislation has made the headlines again in 2022 as several contractor accountancy firms – and their clients – are being investigated by HMRC.