If you decide to move to a new accountant, what happens to any accounting paperwork which is yet to be finalised? More importantly, how much will it cost in catch up fees to bring your accounts up-to-date? … [more]
First Timer or Veteran IT Contractor?
All the information, tools and resources you need to operate a successful professional contracting business.
Calculators
Contractor Calculators | IR35 Calculator | Dividend Calculator
IR35
What is IR35? | IR35 insurance | IR35 History | IR35 Contract Templates
Limited or Umbrella?
Become a Contractor | Set Up a Company | Limited vs. Umbrella
Contractor Accountants
List of Accountants | How to switch providers | Do you need one?
IR35 and ‘Confirmation of Arrangements’
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]
When is the best time to move to a new accountant?
Changing accountants can be a challenging time for company directors, even if the handover process goes smoothly. In this article, we ask if there is an optimum time of year to move to a new firm. … [more]
The importance of professional IR35 contract reviews
Despite recent changes to IR35, which in most cases means contractors’ clients are tasked with assessing IR35 status, it remains in a contractor’s best interests to ensure their compliance and that the service they provide is genuinely outside of … [more]
Change your contractor accountant – how to switch firms
As a company director, your accountant is likely to be your most important and trusted source of professional expertise while running your business. But what happens if things go wrong? … [more]
What should be included in a Service Level Agreement (SLA)?
In the fast-paced landscape of modern business, Service Level Agreements have emerged as indispensable tools, especially for businesses offering outsourced services, technology or software-related solutions. … [more]
Setting up a company – what are Model Articles of Association?
When incorporating a new UK private limited company, directors must register Articles of Association with Companies House. These Articles set out the company's internal governance 'rule book'. Here we explain what the Model Articles contain, and … [more]
Managing your income and expenditure as a contractor – staying in control
Many of us have a financial formula in mind that allows us to keep the lights on and the roof over our heads day-to-day. No matter how you track your finances (e.g. using pots, spreadsheets or a notebook), understanding what's happening with your … [more]
How to spot the worst umbrella companies
As a result of the April 2021 Off Payroll changes, more individuals than ever are using umbrella companies. In an unregulated industry, the consequences of choosing an unscrupulous provider can be severe. … [more]
Limited company contractor basics – how to get started
Most contractors work via limited companies. Aside from the tax benefits this structure offers its shareholders, the liability of directors is also limited. … [more]
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