With hundreds of prospective accountancy firms to choose from, this table lists the monthly fees charged by some of the UK’s leading specialist accountants (last updated in May 2018). … [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.
It's that time of year again - the start of April brings with it changes to a number of tax rates and bands, as well as a cut in the dividend allowance. … [more]
Due to the emphasis often placed on IR35, contractors may enter into contractual agreements without fully understanding the practicality and implications of the other provisions contained within them. Here are some typical things to look out for … [more]
If you're thinking of expanding the contract work you undertake into a larger business, taking on your first employee is a big move. Becoming an employer for the first time will inevitably mean dealing with some red tape, but the process should be … [more]
Although the Chancellor didn't mention IR35 in his Spring Statement speech, the Government's written statement published shortly after suggests that an extension of the public sector off payroll rules to the private sector is still on the cards. … [more]
As a limited company owner, you may incur a variety of business expenses whilst undertaking your contract duties. Here, we look at how expenses are 'allowable' for tax purposes, and some common errors to avoid. … [more]
Company secretaries are usually appointed to help directors complete their statutory duties and carry out other task related to corporate governance. … [more]
The 'dividend allowance' was cut from £5,000 to £2,000 on 6th April 2018. What does this mean in practice, and how much will it cost you? … [more]
To successfully avoid IR35, both the terms of a contract for services, and the working practices of the individual providing these services must demonstrate that the worker is in business on their own account, and not merely a disguised employee. … [more]
There are several ways to set up your own limited company; via an accountant (a popular way), via a company formations agent, or direct with Companies House. Here we look at the typical costs associated with each option. … [more]