With the array of booming economies worldwide, it’s no wonder that so many skilled workers are seeking employment abroad. However, whilst there are plenty of reasons to look for opportunities overseas, there are a variety of potential risks that … [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.
The number one question many umbrella companies are asked by their employees is: "why am I paying employers' national insurance contributions?" - here we provide the answer and explain what other costs are payable by umbrella contractors. … [more]
The main method company owners use to draw down business profits is by distributing dividends to the company's shareholders. In most cases, this is a simple process, but what happens if you mistakenly declare dividends which are greater than the … [more]
A recent case has highlighted the impact of the MSC legislation on the contracting industry. How can you ensure that you are not involved with an MSC provider - who is effectively controlling your limited company? … [more]
With the planned extension of the IR35 off-payroll rules to the private sector due to go ahead in April 2020, a campaign to stop the damaging reforms from going ahead has been launched this week. … [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]
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]
The 'dividend allowance' was put in place in April 2016 - it means that the first £2,000 of dividends you receive are tax-free. But how does this allowance work in practice for company owners? … [more]
The IR35 'off-payroll' rules will be extended to the private sector from April 2020 onwards, directly affecting a large number of contractors. What exactly does this mean, and what can contractors and clients do to prepare in advance? … [more]
In this article, commercial solicitor Leigh Ellis explains why contractors should be careful when negotiating with potential clients, as you could unwittingly enter a binding contract during an email conversation if you don't use the correct … [more]