Changing your main residence for a new contract could mean it’s possible to claim a wide range of relocation expenses. These costs are exempt from tax and national insurance if they are considered ‘qualifying’ costs. Read more
If you want to take out a life insurance policy to protect your dependants should you die, you could benefit from a ‘relevant life’ policy, which is paid for by your limited company, resulting in a significant tax saving. Read more
As a limited company contractor, you’re busy, so you need a system which can keep up with your accounting needs. But does this take on the form of a spreadsheet or online accountancy software? Read more
The main aim of Making Tax Digital (MTD) is to simplify tax reporting for businesses. MTD for VAT was rolled out on 1st April 2019 for VAT-registered limited companies which have taxable turnover above the £85,000 registration threshold. Read more
You can pay anything from £50 to £150 per month for a contractor accountant. So what should this monthly fee include, and what ‘extras’ might you have to pay? Read more
Childcare schemes for contractors – how do they work and what are you entitled to? Read more
A concise guide to the taxes you will encounter as a limited company contractor – Corporation Tax, VAT, National Insurance, Income and Dividend Tax. 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
As a limited company contractor, what is the most tax-efficient salary to pay yourself in the 2019/20 tax yer, and any staff you employ? Read more
If you’re decided to work via an umbrella company, you will be faced with a bewildering choice of providers. Here are 15 essential tips to help your compare umbrella companies. Read more