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 decide to set up a limited company with other people - either for contracting or another type of business - how do you ensure that all of your shareholders are protected in case something goes wrong? A well-drafted shareholders' agreement … [more]
If you run a limited company, the fees you pay your accountant will usually be a tax-deductible business expense, reducing your taxable profits and the amount of Corporation Tax your company has to pay. … [more]
There are several reasons to change your company’s year-end. You might want to align it with the tax year, use the same year-end across several companies, or move it to a date that better suits the way your business operates. … [more]
If - like many company directors - your accountant provides FreeAgent or Xero as part of your monthly package, what happens to your account if you decide to change accountants? … [more]
If your accountant makes a mistake, it can affect some of the most important parts of running your limited company, from annual accounts and Corporation Tax returns to payroll and VAT. … [more]
As a limited company owner, you can claim a wide range of business expenses, reducing the amount of profit your company pays Corporation Tax on. Here, we look at 30+ common limited company expenses, the main rules you need to follow, and some costs … [more]
IR35 has profoundly impacted the contracting world since 2000. How do these tax rules affect umbrella company employees? … [more]
Retained profit is the profit your limited company has built up over time after paying its business costs, taxes and dividends, rather than taking all of the available profits out of the company each year. … [more]
As a company director, your accountant is likely to be your most important and trusted source of professional expertise. But what happens if things go wrong? … [more]
If you use an office or other workspace to run your limited company, most of the associated costs can be paid by the business. This includes conventional office rent, as well as serviced and coworking spaces and, in many cases, virtual office … [more]
