With the private sector off-payroll rules due to hit the contracting sector in April 2021, an industry expert explains what PAYE umbrella companies can offer contractors caught by the changes, and why you should watch out for unscrupulous operators. … [more]
First Timer or Veteran IT Contractor?
Our site provides all the information, tools and resources you'll need to operate a successful professional contracting business - whether you're thinking of taking the plunge, or even if you're a seasoned pro.
Life as a contractor can be very rewarding. Alongside potential higher earnings, you can also experience a wide variety of jobs, and enjoy the freedom of being your own boss. It isn't for everyone, but for those who move away from permanent work, the … [more]
As part of the Treasury's wide-ranging measures to support the economy during the COVID-19 outbreak, the Chancellor has given the UK's 11 million self-assessment taxpayers more time to pay their next income tax bills, which become due on 31st January … [more]
If you search Google for anything to do with 'umbrella companies' or 'IR35', you'll find dozens of ads for seemingly-attractive payment vehicles - aimed at contractors. So how do you know if they're legitimate or not? … [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]
A Standard Industrial Classification (SIC) code is used to identify the business activity of your company, such as 'Information technology consultancy activities.' … [more]
If you decide to set up a limited company with other people - either for contracting purposes or to run another type of business, how do you ensure that all of your shareholders (including yourselves) are protected in case something goes wrong? A … [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 has lined you up as a target? … [more]
There may be times when you want to drum up some new business by entertaining a would-be or existing client, but you may be unsure if you can reclaim the costs from your contracting business. … [more]
Almost all contractors who provide professional services to clients trade via their own limited companies, or join PAYE umbrella schemes. Here we've compiled a table to help compare the pros and cons of each structure. … [more]