If you are considering closing down your limited company – possibly as a result of the April 2021 ‘Off-Payroll’ changes in the private sector – what is the most tax-efficient way of achieving this goal? Read more
Moving from an umbrella to limited company structure should be a hassle free process – here are some things to bear in mind before making the move. Read more
Following a traumatic 2020 for contractors, here are four things to consider to help maximise your contract job opportunities during 2021. Read more
Although most contractors work as one or two-man limited companies, with no other employees, you are allowed to claim back the costs of an annual party for your staff. Read more
As a company director, you’ll almost certainly have to file a personal tax return before 31st January 2021. Here we look at what you should, and what you shouldn’t include on your self-assessment return. Read more
If you’re a contractor or freelancer working from home, there are a number of business expenses you can claim against your tax bill, and exemptions you should be aware of. Read more
One of the most frequently asked questions by new umbrella employees is why they are responsible for paying Employers National Insurance Contributions (NICs). Here, we explain why. Read more
What is IR35, exactly? How will the Off-Payroll reforms affect you if you contract in the private sector? And what can you do to make sure you’re prepared come April 2021? Read more
The one-year delay to the private sector off-payroll rollout means that contractors and clients have an extra year to ensure they are compliant. But the industry is being warned to use this extra time wisely. Read more
Selecting the right contractor accountant to use is an essential part of the process of starting out in the contracting world. Here are some top tips. Read more