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 →
If you’re contracting through a limited company, using an umbrella, or trading as a freelancer, you must maintain accurate financial records. The length of time you must keep them depends on the type of tax and your business structure. … [more]
The government will launch a consultation on employment status by the end of 2025. Experts say it could be a significant step for millions of self-employed workers, with the outcome carrying significant tax implications. … [more]
Becoming a director of a limited company is a big step. It can be rewarding, but it also brings responsibilities you might not have faced before. Alongside running your business day to day, you’ll need to keep on top of the company’s paperwork and … [more]
To ensure your contracts fall outside the scope of IR35, you need to have an IR35 compliant written contract in place, and ensure that your working practices mirror the terms of the contract. … [more]
From late this year, limited company contractors will have a new administrative task to deal with, and it is not something you can ignore or delay. … [more]
Making Tax Digital (MTD) has moved from policy to practice. Parts are already live, others are scheduled, and one major strand has been dropped. Here is what contractors need to know in 2026/27. … [more]
There may be times when you want to drum up some new business by entertaining a would-be or existing client, but you may be unsure if you can reclaim the costs from your contracting business. … [more]
Most contractors submit timesheets to their agencies or end-clients to record the hours and days they spend on contract duty. … [more]
If you are caught by the off-payroll IR35 rules, you may decide that there is no point keeping your limited company active. However, this isn't necessarily the case, as a leading accountant explains. … [more]
The Managed Service Company (MSC) rules have been around since 2007, but have recently become a much bigger concern for contractors and their accountants. … [more]
