
The government has confirmed that the umbrella company industry will finally be regulated, with new legislation due to come into effect in 2027. … [more]
IT Contractor Essentials
Practical guides, calculators, industry news and advice to help you set up and run a professional contracting business.
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:

The government has confirmed that the umbrella company industry will finally be regulated, with new legislation due to come into effect in 2027. … [more]
By Michael McCullion | Last updated:

With remote and hybrid working now firmly entrenched in the contracting world, many small company owners now use digital tools to collaborate, communicate, and fulfil their work duties. … [more]
By James Leckie | Last updated:

From April 2026, HMRC is expected to bring in a new joint and several liability (JSL) rule for supply chains that use umbrella companies. If the umbrella company doesn’t pay the correct PAYE tax or National Insurance, HMRC will be able to recover the … [more]
By James Leckie | Last updated:

If you buy equipment through your limited company, such as a laptop, office chair or mobile phone, you usually can’t claim the full cost as a day-to-day expense. Instead, it’s recorded as a fixed asset and written down in value over time using … [more]
By James Leckie | Last updated:

From company tax years beginning in April 2026, all limited companies – including one-person consultancies and PSCs – will be required to file a full profit and loss (P&L) account with Companies House. … [more]
By James Leckie | Last updated:

Contractors who have used disguised remuneration schemes in the past may be subject to the Loan Charge – retrospective taxation on a scale not seen before. … [more]
By James Leckie | Last updated:

If you work via an umbrella company, you may still incur work-related expenses while carrying out your assignment. Here, we look at how expenses are treated for tax purposes. … [more]
By James Leckie | Last updated:

Doing your accounts will probably never become your favourite task. But accounting software may make you less prone to wanting to pull your hair out. Even if you’re not a numbers whiz. … [more]
By James Leckie | Last updated:

If you work through a limited company, you are not the business, even if you are the company's sole owner. But how do shares work, who can be a shareholder, and what are your rights and responsibilities? … [more]
By James Leckie | Last updated:

A good contractor accountant doesn’t just help you avoid problems with HMRC and Companies House; they also help you to run your business efficiently, make sound financial decisions, and keep more of your contract earnings. … [more]