James Leckie, Author at Contract Eye

How the Autumn Budget affects contractors following employers NI hike

By James Leckie 30th October 2024

Rachel Reeves delivered her first Budget today following months of speculation about which taxes would be increased to pay for a ‘black hole’ in the nation’s finances. How are contractors affected?

Navigating multiple payments as an umbrella company employee

By James Leckie 28th October 2024

Receiving multiple payments can be a confusing part of being an umbrella company contractor. Here we explain how to deal with multiple clients and payslips.

Life after work: the ins and outs of contractor pensions

By James Leckie 28th October 2024

How do you go about setting up a pension as a contractor? How much should you save? And what's the most tax-efficient way to pay into it?

What do the deductions on my umbrella company payslip mean?

By James Leckie 23rd October 2024

When you become an umbrella company employee, you should receive a payslip every time your pay is processed. This guide explains what each entry on a payslip means and why they are there.

Stagnant job market and IR35 remain key concerns for contractors

By James Leckie 17th October 2024

New research from a leading contractor accountancy firm shows that IR35 remains a critical concern for contractors, alongside securing new contract work in a difficult jobs market. The latest Contractor…

Why do umbrella company contractors have to pay Employer’s NI costs?

By James Leckie 3rd October 2024

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.

Do you have to appoint an accountant for your limited company?

By James Leckie 22nd September 2024

When you set up in business as a limited company contractor, do you have to appoint an accountant? What are the benefits?

Contractor umbrella company fees – how much do they charge?

By James Leckie 15th September 2024

We look at typical fees charged by umbrella company providers, and why you should consider additional factors before signing up.

A guide to professional indemnity insurance for contractors

By James Leckie 1st September 2024

Many clients now insist that contractors have adequate professional indemnity insurance cover in place. What is PI insurance?, and how to choose a policy.

Contractor travel and subsistence expenses – the 24 month rule

By James Leckie 1st September 2024

The 24 month and 40% rules for claiming travel and subsistence expenses. How they apply to contractors, what you can claim for, and are you eligible?