With IR35 reforms being applied to private sector organisations after April 2020, here we look at ways clients / engagers can prepare their businesses in advance of the implementation date. … [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.
At some stage, whilst working via your limited company, you may face a situation where you need to relocate to take up a new contracting role. You may be able to offset your moving costs against your company's tax bill. … [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]
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]
The first major step towards the Government's aim of transforming the way tax data is stored and communicated comes in April 2019 when most limited companies will be required to submit all VAT returns electronically. … [more]
There really is nothing worse than dealing with an accountant who is a poor communicator, has substandard accounting skills and/or is a late filer. For a stress-free life as a contractor, you should research the market for the best accountancy firm … [more]
Dozens of MPs have backed a cross-party amendment tabled by Sir Ed Davey, which has forced the Treasury to review its position on the controversial Loan Charge rules. … [more]
There are two ways to maximise your take home pay as a contractor - by negotiating the best contract rate, and by not paying more tax than you have to. … [more]
Life as a contractor can be very rewarding - both financially, and in the sense of freedom you can enjoy being your own boss. It isn't for everyone, but for those who move away from permanent work, the vast majority never look back. Here are ten … [more]
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. … [more]