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Contract Eye provides guides and tools for professional contractors. We’ve been online since 2006. Find out more about the site and how to get in touch.
How are entertainment expenses treated for tax purposes?
The rules surrounding entertainment expenses are complicated, so it’s important to know the tax implications and reliefs available to your limited company.
Contract rates – How much will you earn as an IT contractor?
How to work out what IT contract rate you can charge, and where to find average IT contract rate data online. It's harder to source than you'd think!
IR35 factors and the importance of ‘control’
A brief overview of how 'control' is an important factor in determining the IR35 status of a contract.
5 reasons to take out Life Insurance via your own limited company
If you are a limited company contractor, taking out a relevant life insurance policy is a tax efficient way to protect your loved ones.
What is salary skimming and how do unethical umbrella companies profit from it?
This article aims to elucidate the concept of salary skimming, its occurrence, and the steps contractors can take to secure transparent and compliant payment from their umbrella company.
HMRC VAT accounting schemes for limited companies – which is the best option?
The different ways contractor companies can account for VAT - the 'standard' VAT accounting, flat rate VAT, annual accounting, and the cash accounting schemes.
Why an ‘IR35 friendly’ contract must reflect reality
An employment status expert explains why complying with IR35 involves much more than simply having an 'IR35 friendly' contract in place.
What do ‘inside’ and ‘outside’ IR35 mean in reality?
If you're caught by the IR35 tax legislation, it could have a big impact on your take home pay. So what does inside and outside IR35 actually mean?
What is a limited company’s registered office address?
When you form a new company, you must choose an official registered office address. Here we explain the legal requirements, plus options available if you don't want to use your home address.