IT Contractor Essentials
All the information, tools and resources you need to operate a successful professional contracting business.
Contractor Calculators | IR35 Calculator | Dividend Calculator
What is IR35? | IR35 insurance | IR35 History | IR35 Contract Templates
Become a Contractor | Set Up a Company | Limited vs. Umbrella
List of Accountants | How to switch providers | Do you need one?
One of the reasons individuals choose to undergo a Members' Voluntary Liquidation (MVL) for their company is the favourable personal tax treatment of final funds. Unlike striking off a company, where final net assets over £25,000 are taxable as … [more]
IR35 has profoundly impacted the contracting world over the past 25 years. How do these tax rules affect umbrella company employees? … [more]
Many freelancers become sole traders when starting out in business, seeing this as the right option for them at the time. What happens if you want to form a company in the future? … [more]
Whether you’re working directly for the client or via a recruitment agent, late payments are an unacceptable and all too common problem for contractors. … [more]
There is no legal obligation to hire an accountant if you're setting up a limited company. However, there are some very good reasons to do so. … [more]
Whether you're a sole trader or company director, you may have encountered the term "SA302" at some point. Your SA302 is an HMRC document you may need to produce to prove your income for a given tax year. … [more]
The importance of a well-written CV cannot be understated. Given that the attention span of recruiters and clients is notoriously short, we asked an expert for ten concise tips on how to craft the perfect contracting CV. … [more]
Income protection insurance is a financial lifeline for anyone who doesn't have the benefit of employer-provided sick pay. … [more]
As a limited company owner, you will incur various costs while running your business. Here, we look at which expenses are allowable for Corporation Tax purposes and highlight some common expensing errors to avoid. … [more]
If you're an employee of an umbrella company, surely you don't have to complete a self-assessment tax return, as your income has already been taxed at source, right? … [more]
