
Not all contractors begin work with a signed contract in place. Here, we consider the risks this may entail and why a contract need not be in writing to be legally binding. … [more]
IT Contractor Essentials
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:

Not all contractors begin work with a signed contract in place. Here, we consider the risks this may entail and why a contract need not be in writing to be legally binding. … [more]
By James Leckie | Last updated:

How are subscriptions to professional and trade organisations treated for tax purposes? And what determines whether or not your membership of a particular organisation is tax-deductible? … [more]
By Kerry Newman | Last updated:

When running a limited company for the first time, you’ll come across lots of new accounting terminology. When it comes to payroll, one term you may encounter is the P11D. … [more]
By James Leckie | Last updated:

If you run your business as a sole trader, IR35 does not apply to your work. Here, we explain why this is the case and why self-employed people should still be aware of the Agency Legislation and other rules. … [more]
By James Leckie | Last updated:

Limited companies of all sizes can distribute their profits to shareholders as dividends. This article explains what dividends are, how they are taxed, and how to account for them properly. … [more]
By James Leckie | Last updated:

Becoming a director of a limited company can be very rewarding, but it also entails a number of responsibilities. Who can become a director in the first place? … [more]
By James Leckie | Last updated:

What is the optimum salary for a limited company director in the 2026/27 tax year? Read on to find out. … [more]
By James Leckie | Last updated:

The dividend allowance means the first £500 of dividends you receive is tax-free. But how does this allowance work in practice in the 2026/27 tax year? … [more]
By James Leckie | Last updated:

The number one question many umbrella companies are asked by their employees is: "Why am I paying employers' National Insurance contributions?" Here, we answer that question and explain what other costs umbrella contractors must pay. … [more]
By James Leckie | Last updated:

If you run a company, you may need access to finance at some point — loans, overdrafts, or other forms of borrowing. You may also have to pay ongoing fees for banking, car hire, or car purchases through the business. … [more]