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.
As a professional contractor or small business owner, you may require legal guidance at some point. Typically, solicitors are able to offer advice on a wide range of issues, from checking over contracts to resolving disputes between you and clients - … [more]
If you choose to contract via your own limited company, you will need to hire an accountancy firm to look after your tax and accounting needs (unless you're confident of doing this on your own!) … [more]
If you decide to buy a car via your own limited company, there are a number of significant tax considerations to take into account. Here we've created a no-nonsense guide to working out the real cost. … [more]
As a limited company contractor, you can choose to voluntarily shut down your company and remove it from the Companies House register. This means the company will cease to exist and you won’t face any more administrative duties or running costs for … [more]
The Government has launched its long-awaited consultation into 'off-payroll working' (IR35) in the private sector. … [more]
A contractor won a key IR35 case against HMRC this week, which casts further doubt on the taxman's ability to accurately recognise IR35 status. … [more]
There are two ways you can pay for childcare costs via your limited company: through a direct agreement with a childcare scheme provider or through a voucher scheme. Both arrangements can be offset as a business expense and will be exempt from tax … [more]
Investing in improving your own skills or those of your employees can give you a crucial edge when it comes to pitching for new contracts. However, before funding training via your limited company, it’s important to know what you can - and cannot - … [more]
If you are considering becoming a contractor, or are a seasoned veteran, here are 10 success tips from the IT Contracting team to help you get the most out of your contracting career. … [more]