
There is no legal obligation to hire an accountant if you're setting up a limited company. However, there are some very good reasons to do so. … [more]
IT Contractor Essentials
Read our step-by-step setup guide, with everything from navigating IR35 to submitting your first invoice.
Read the 10-Step Guide →By James Leckie | Last updated:

There is no legal obligation to hire an accountant if you're setting up a limited company. However, there are some very good reasons to do so. … [more]
By James Leckie | Last updated:

There may be times when you need to borrow money from your own limited company, or you may have unintentionally done so whilst drawing down funds. What are the tax implications of doing so? … [more]
By James Leckie | Last updated:

If you buy a car via your own limited company, there are several tax considerations to bear in mind. Read this no-nonsense guide to calculate the tax cost for the 26/27 tax year. … [more]
By Nicholas Hopkins | Last updated:

For many IT contractors hearing the word “networking” causes a cold shiver to run down their spines. It conjures up images of stuffy conference rooms, drab food and forced awkward small talk. … [more]
By James Leckie | Last updated:

Capital Gains Tax is charged when you sell or dispose of an asset which has grown in value, and you have made a profit from the sale. Here, we examine how the CGT rules work in practice. … [more]
By James Leckie | Last updated:

Most of the traditional tax advantages available to limited company contractors have been reduced over time. Even so, there are still some savings to be had if you are considering an electric car. … [more]
By James Leckie | Last updated:

Changing accountants can be a challenging time for company directors, even if the handover process goes smoothly. This article explores whether there is an optimal time of year to move to a new firm. … [more]
By James Leckie | Last updated:

Most contractors spend significant time at computer screens. With this in mind, can your company claim the cost of an employee's eye test? And, what about the cost of corrective glasses? … [more]
By James Leckie | Last updated:

Not all contractors begin work with a signed contract in place. Here, we consider the risks this may entail and why a contract need not be in writing to be legally binding. … [more]
By James Leckie | Last updated:

How are subscriptions to professional and trade organisations treated for tax purposes? And what determines whether or not your membership of a particular organisation is tax-deductible? … [more]