With private sector IR35 reform looming, we asked a leading IR35 advisory firm what practical steps professional contractors can take now to prepare in advance for the changes. … [more]
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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]
When you register a company in the UK, once your application has been processed and approved, Companies House will send you a formal certificate of incorporation. … [more]
To ensure your contracts fall outside the scope of IR35, you need to have an IR35 compliant written contract in place, and ensure that your working practices mirror the terms of the contract. One of the best ways to add strength to your proof of … [more]
The Intermediaries Legislation (aka IR35) was first mentioned in a 1999 Inland Revenue press release. The rules to counter alleged tax avoidance via the use of ‘personal service companies’ became law in 2000, and remain in place today. Here we look … [more]
Capital allowances allow you to claim tax relief on assets you buy for your business. The value of these items can be offset against your company's profits over time. So how do capital allowances work in practice? … [more]
If you've spent personal funds setting up your contracting business, what scope is there to reclaim these costs from your limited company, once it has been incorporated? … [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]
To ensure that any contracts you undertake are not caught by IR35, you need to be able to demonstrate that you are not a disguised employee, but truly working in the manner of a small business owner. In other words, can you show that you are 'in … [more]
One of the main attractions of working via your own company is that the liability of shareholders is limited. So, to what extent is the liability of company directors limited? … [more]