IT contractor business insurance – what’s mandatory and what clients ask for
There are some compelling reasons why most contractors should have adequate business insurance cover in place, even if it is not required by law.
A guide to professional indemnity insurance for contractors
Many clients now insist that contractors have adequate professional indemnity insurance cover in place. What is PI insurance?, and how to choose a policy.
IR35 and the Off-Payroll rules – a beginner’s guide
What is IR35 and Off Payroll, exactly? And how much tax will you pay if you are caught? In our simple guide to IR35, we explain everything!
Choosing a contractor accountant: 10 steps to take
Finding the right accountant is one of the most important decisions when you start contracting. Follow these 10 steps to make the right choice.
Business bank accounts for contractors: setup, fees and free options
Opening a business bank account is essential for contractors. Our guide explains setup, fees, and the best free options, including Tide and Zempler.
How to invoice agencies and clients as a contractor + free template
What to include on contractor invoices, how self-billing works, and your statutory rights on late payments. Includes a free Word invoice template.
How to register with an umbrella company (and switch if you’re not happy)
Learn how to register with an umbrella company and what’s involved if you switch providers. Steps, documents, contracts, pitfalls and tips included.
Company strike-off: can you extract profits tax efficiently?
If you are considering closing down the company you have used for contracting, we look at how any remaining profits can be extracted in a tax efficient way.
Does my limited company have to appoint a secretary?
Find out if your limited company needs a secretary, what the role involves, and how to appoint or remove one. Includes FAQs.
Income shifting and the settlements legislation for small companies
Guide to the UK settlements legislation and income shifting rules, from the historic Section 660 to the Arctic Systems case and current HMRC challenges.