With hundreds of prospective accountancy firms to choose from, we look at the monthly fees charged by some of the UK’s leading specialist accountants, and the services you should expect to receive in return. … [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.
Private Medical Insurance covers the cost of obtaining private medical care should you fall ill. Insurance policies can be paid personally or met by your company as part of your remuneration package. … [more]
Capital Gains Tax is charged to you when you sell or dispose of an asset and it has grown in value, or you have gained a profit out of the sale. Here we look at how the CGT rules work in practice. … [more]
Since the implementation of the Intermediaries Legislation (IR35) in April 2000, the onus has fallen on professional contractors to prove that their contracts are not caught by the IR35 rules. In this article, we look at the role of professional IR35 … [more]
If you are a limited company owner, you have a number of monthly, quarterly and yearly tax and accounting deadlines to keep on top of. Read this guide to make sure you don't end up on the wrong side of HMRC. … [more]
Setting up as a self-employed person (i.e. becoming a sole trader) is the most hassle-free route to getting started in business. However, despite this, there are a number of compelling reasons why you'll find it almost impossible to find recruitment … [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]
While working as a contractor, you may run up a number of business-related phone and broadband expenses. So, how do you ensure that these expenses remain tax-deductible for your company, and free of additional personal tax charges at year-end? … [more]
There is a huge amount of information available about IR35 and how to protect yourself. But what happens if you are actually selected for an investigation? How does an IR35 enquiry work and what should you expect if HMRC have lined you up as a … [more]
Making Tax Digital (MTD) is set to bring about the biggest change to the UK’s tax system for a generation - so how will it impact the contracting world? … [more]