A leading small business organisation has raised concerns that the Chancellor may be considering yet another dividend tax hike in the coming months. … [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.
To gain the competitive edge over others when bidding for a new contract role, it is often your non-technical skills that will determine your success. Here, Simon Bichara explains why the art of negotiation is so important. … [more]
When you first register your company with HMRC as an employer, you’ll receive all sorts of information and reference numbers in your official welcome pack. One to look out for – and keep safe – is your Employer Reference Number (ERN). … [more]
If you are considering joining an umbrella company, we explain why should establish the true weekly / monthly fee (margin) of each service provider on your shortlist before signing up. … [more]
The deadline for responding to HMRC's consultation document on extending the off-payroll rules to the private sector has expired. So, how did the contracting industry's biggest players respond? … [more]
A Standard Industrial Classification (SIC) code is used to identify the business activity of your company, such as 'Information technology consultancy activities.' … [more]
Not all contractors start work with a signed contract in place. Here we consider the risks this may involve, and why a contract doesn't necessarily have to be in writing for it to be legally binding. … [more]
Recruitment is a cut-throat industry at times; experienced and inexperienced candidates alike can unwittingly fall into the same traps over and over again as they tread the job boards in search of their next contract. … [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]
When I read a typical article outlining the pros and cons of contracting via different business structures, the umbrella option is usually labelled as 'hassle free', whereas the limited company path is the 'tax efficient route' (albeit with some … [more]