From company tax years beginning in April 2026, all limited companies will be required to file a full profit and loss (P&L) account with Companies House.
Contractor News Updates
We typically publish site updates when important events take place (such as upcoming changes to legislation, Budget reports). You can also keep up-to-date with the latest contractor news updates by following us on:
The HMRC Loan Charge – a guide for contractors (updated 2025)
Guide to the HMRC Loan Charge for IT contractors – how it works, who’s affected, key changes, the 2025 review, and your repayment options if caught.
What is an SA302 tax calculation form and how can you download yours?
An SA302 – provided by HMRC – provides evidence of your earnings during a particular tax year. You might need one if you apply for a mortgage or loan.
Umbrella Company Consultation – the government’s response and the need for clarification
Earlier this month, the Labour government issued its response to the Conservative-led consultation into umbrella company compliance with the objective of regulating the sector.
How does the FSCS protect business bank deposits?
A guide to the Financial Service Compensation Scheme, whether you bank personally, as a sole trader, or as a limited company.
A contractor’s guide to DBS (criminal record) checks
DBS Checks, also known as Police Checks. Why do contractors need such Criminal Record Checks?
New Loan Charge review condemned as a ‘farce’ and a ‘sham’
The government has announced a ‘review’ into the Loan Charge that retrospectively targets the users of historical disguised remuneration schemes.
Inside IR35 worker wins unlawful Employers’ NI deductions case against agency
A recent tribunal ruling has highlighted the ongoing challenges surrounding employment status – and demonstrates the complexities of dealing with the IR35 legislation.
Corporation Tax rise – do you have more than one company?
With the Corporation Tax changes now in force, if you have more than one limited company, you need to be aware of the ‘Associated Companies’ rules.
Six in 10 recruiters say employer NICs hike hurts hiring
As almost 60% of agencies plan for an April shower on recruitment, chancellor Rachel Reeves is told, ‘If you make a mistake you should own up.’










