Contracting industry experts have expressed concern that union-led protests against the practices of umbrella firms within the construction industry may 'risk damaging compliant providers by association'.
The most popular way to start up in business in the UK is as a sole trader. So why do IT contractors avoid this route, and work via their own limited companies or umbrella schemes?
November 25, 2014
Earlier this week, we talked to Sam Page from IR35 Buddy about the site’s recent re-launch, what the most important factors are when working out a contractor’s employment status, and how the IR35 substitution network works in practice.
One of the most common questions asked by limited company contractors is what level of salary they should pay themselves.
How umbrella companies, and their employees, are affected by a recent Employment Appeal Tribunal which ruled that regular overtime hours worked must now be included in holiday pay calculations.
In an industry which still contains some unscrupulous operators, a leading umbrella organisation has produced a manual for its members which defines what constitutes a 'compliant' umbrella company.
A contractor's guide to preparing an invoice for your agency / client. What to include on the invoice, sample invoice templates, and links to online invoicing software.
A dormant limited company is simply one that is not actively trading, and no accounting transactions pass through it. Why would contractors use a dormant company?
If you have set up a new limited company for your contracting business, when do you have to submit your company accounts to Companies House and HMRC?
October 21, 2014
If you're running a contracting business, there are a number of tax and business records you need to keep in a safe place. Here we look at which records you need to keep, and for how long.
October 14, 2014