
One of the most common sources of confusion for limited company directors is the distinction between capital and revenue expenses. The distinction matters because it affects how and when tax relief is given. … [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 Michael McCullion | Last updated:

One of the most common sources of confusion for limited company directors is the distinction between capital and revenue expenses. The distinction matters because it affects how and when tax relief is given. … [more]
By James Leckie | Last updated:

One of the biggest sources of confusion when it comes to limited company expense claims relates to costs with both business and personal use (i.e, dual purpose costs). … [more]
By James Leckie | Last updated:

As an umbrella employee, you will see an entry for your provider's 'margin' on your payslips. Here, we explain what an umbrella company's margin is and how much it typically costs. … [more]
By James Leckie | Last updated:

The Employment Allowance reduces the National Insurance employers pay by up to £10,500 per year. So, can your limited company benefit from this incentive in 2026/27? … [more]
By James Leckie | Last updated:

A successful contractor career requires navigating some tricky situations (and people). You'll need to negotiate with recruiters and clients, stay on top of your accounts, and keep on the right side of the taxman. … [more]
By James Leckie | Last updated:

Value Added Tax is a tax on most goods and services in the UK. If you're setting up a limited company, you'll likely also register for VAT. Here is our guide to VAT: what it is, how to register, how to de-register, and how to avoid penalties. … [more]
By Kevin Hanson | Last updated:

Software, including digital products and applications, can be protected under various forms of intellectual property (IP). … [more]
By James Leckie | Last updated:

Life as a contractor can be very rewarding. Alongside potential higher earnings, you can also experience a wide variety of roles and enjoy being your own boss. It isn't for everyone, but for those who take the leap, most never look back. … [more]
By James Leckie | Last updated:

Many contractors travel from home to a temporary workplace. You should be aware of the 24 month rule which determines whether or not you can legitimately claim any travel costs. Here, we explain how the rule operates in practice. … [more]
By James Leckie | Last updated:

In this article, commercial solicitor Leigh Ellis explains why contractors should be careful when negotiating with potential clients, as you could unwittingly enter a binding contract during an email conversation if you don't use the correct … [more]