Value Added Tax is a tax on levied almost all goods and services in the UK. If you're setting up a limited company, chances are you will also register for VAT, so here is our overview of VAT - what it is, how to register, and how to avoid potential … [more]
First Timer or Veteran Contractor?
Very few contractors regret their decision to break with traditional employment and start out on their own. Our site provides all the information you'll need to operate a successful professional contracting business - whether you're thinking of taking the plunge, or if you're a seasoned pro.
Reports in The Times and FT over the past few days suggest that the Treasury may be considering extending the 'off payroll' IR35 rules to the private sector. … [more]
If you're thinking about starting up, or have been working via your own limited company for some time, there are a number of potential tax traps lying in wait for unsuspecting directors! … [more]
The Government implemented new 'off payroll' measures to enforce IR35 within the public sector from April 2017 onwards. Rather than being a revenue-generating success for HMRC, the implementation of the new rules has been a disaster. Together with … [more]
Umbrella companies have flourished over the past decade in the UK, and can offer a ‘hassle free’ business structure to operate under for many contractors. With hundreds of suppliers on the market, we look at how a PAYE scheme operates in practice, … [more]
If you decide to set up a limited company with other people - either for contracting purposes, or to run another type of business, how do you ensure that all of your shareholders (including yourselves) are protected in case something goes wrong? A … [more]
If you've spent personal funds setting up your contracting business, what scope is there to reclaim these costs from your limited company, once it has been incorporated? … [more]
You may have had a vague suspicion that nobody actually actually read the CV you submitted for a contract role a while back... Could this be because you lack the right qualifications? … [more]
If you have decided to go down the umbrella company route, there are dozens of providers out there. Here we look at some important things to consider when you are choosing a prospective provider. … [more]
Are you one of the millions of people who are eligible to claim the Marriage Allowance, but haven't done so yet? Here we explain how this allowance - worth £230 per year - works, and how to claim it. … [more]